KraneShares Global Carbon Transformation ETF
KGHG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Mar 9, 2022
- CIK
- 0001547576
- Similar Companies
- Business
- KraneShares Global Carbon Transformation ETF (KGHG) is an actively managed exchange-traded fund that seeks long-term capital growth by investing in companies from traditionally high-emission industries demonstrating commitment and action toward decarbonization and transition to low-carbon technologies; it targets leaders in sectors such as power, industry, mobility, materials, utilities, and energy that are positioned to benefit from electrification, renewable energy adoption, and reduced reliance on fossil fuels. The ETF provides exposure to global equities involved in carbon transformation strategies, including those enhancing energy efficiency, developing alternative fuels and materials, carbon capture utilization and storage, battery storage, renewables, hydrogen infrastructure, and electricity grids; portfolio construction emphasizes diversification across geography (Europe, Americas, Asia), market capitalization (large, mid, small cap), and sectors like industrials, materials, technology, infrastructure, utilities, and energy, with active management enabling dynamic adjustments in an evolving thematic universe. Launched on March 16, 2022, and listed on the NYSE with CUSIP 500767520, KGHG is managed by Krane Funds Advisors, LLC, a specialist in China, climate, and alternative ETFs headquartered at 280 Park Avenue, 32nd Floor, New York, NY 10017, with additional offices in San Francisco and London; KraneShares, founded in 2013, maintains a strategic partnership with China International Capital Corporation (CICC), which acquired a majority stake in 2017. In a significant operational change, the Board of Trustees of KraneShares Trust approved the liquidation and termination of KGHG upon recommendation from Krane Funds Advisors, LLC, with shares ceasing trading on the NYSE and closing to new purchases as of May 17, 2023, followed by full liquidation by May 26, 2023, due to factors including low net assets (approximately $2.5 million as of early 2025 data points) and portfolio challenges; prior to closure, the fund recorded modest performance with annualized returns since inception of about 1.95% for NAV and holdings concentrated in cash equivalents amid market conditions. KraneShares has since expanded its climate-focused offerings, including enhancements to the Global Carbon Strategy ETF (KRBN) and new launches like the KraneShares Dragon Capital Vietnam Growth Index ETF (KPHO) in December 2025, alongside leadership promotions in September 2024 to bolster institutional growth and strategic partnerships, and a December 2025 listing of its KWEB strategy on the Hong Kong Stock Exchange via ICBC UBS International; these developments reflect ongoing innovation in thematic ETFs amid low recent activity specific to KGHG post-liquidation.