KraneShares CICC China Leaders 100 Index ETF*
KFYP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- Jul 23, 2013
- CIK
- 0001547576
- Similar Companies
- Business
- KraneShares CICC China Leaders 100 Index ETF (KFYP) is an exchange-traded fund that tracks the CSI CICC Select 100 Index, employing a smart-beta strategy to invest in 100 leading Mainland China A-shares selected through quantitative analysis by China International Capital Corporation (CICC) research; the methodology emphasizes return on equity, bottom-line growth, and valuation criteria across sectors including financials, industrials, and consumer discretionary. Launched on July 22, 2013, and managed by Krane Funds Advisors, LLC (KraneShares), the ETF provides exposure to top Chinese companies such as Midea Group Co Ltd, China Yangtze Power Co Ltd, Gree Electric Appliances Inc, China Merchants Bank Co Ltd, and Ping An Insurance Group Co of China Ltd; it features a net expense ratio of 0.69%, annual distributions, and concentration in the Asia-Pacific region, primarily China. KraneShares, the ETF's issuer founded in 2013 and headquartered at 280 Park Avenue, 32nd Floor, New York, NY, specializes in China-focused and thematic exchange-traded funds, with additional offices in San Francisco and London to serve global investors including institutions and individuals seeking emerging market diversification. In a significant operational change, KraneShares Trust announced on October 3, 2023, the liquidation of KFYP, reflecting strategic shifts amid low assets under management of approximately $4.4 million and average daily volume of 3,455 shares as of mid-2025. This decision aligns with KraneShares' broader evolution, including the 2017 acquisition of a majority stake in Krane Funds Advisors by CICC, enhancing research and distribution capabilities for China equity products. More recently, KraneShares has expanded its portfolio with launches such as the Artificial Intelligence & Technology ETF (AGIX) in late 2024, single-stock levered ETFs targeting emerging market leaders like Baidu (KBDU), and a collaboration with Maseer Finance in September 2025 to introduce CANA, a tokenized California Carbon Allowance asset, underscoring diversification into AI, climate, and digital assets beyond traditional China A-shares.