KraneShares 100% KWEB Defined Outcome January 2027 ETF
KPRO
New York Stock Exchange Arca- -
USD
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- -
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
- 280 Park Avenue, 32nd Floor New York NY United States of America 10017
- IPO Date
- Feb 8, 2024
- CIK
- 0001547576
- Website
- kraneshares.com
- Similar Companies
- Business
- KraneShares 100% KWEB Defined Outcome January 2027 ETF (KPRO) is an actively managed exchange-traded fund that seeks to provide investors with buffered exposure to the price return of the KraneShares CSI China Internet ETF (KWEB), up to a predetermined cap of 20.01%, with a 100% downside buffer over a defined outcome period from January 27, 2025, to January 15, 2027; the fund achieves this outcome by holding shares of KWEB and FLEX options on KWEB, offering participation in the upside performance of China internet companies in sectors including communication services, consumer cyclical, healthcare, financial services, and real estate, while limiting downside risk if held for the full period. KPRO operates primarily in the defined outcome ETF segment of the equity markets, targeting investors seeking China internet exposure with risk-defined strategies; it trades on the NYSE Arca exchange with net assets of approximately $3.1 million, a total annual fund operating expense of 1.04%, and annual distributions. The ETF was originally launched on February 7, 2024, by Krane Funds Advisors, LLC (KraneShares), a specialist investment manager founded in 2013 and headquartered at 280 Park Avenue, 32nd Floor, New York, NY, with additional offices in San Francisco and London; KraneShares focuses on China, climate, and alternative strategies, serving global institutions and financial professionals. In January 2025, KPRO underwent a significant strategic extension of its outcome period from January 2026 to January 2027, accompanied by a name change from KraneShares 100% KWEB Defined Outcome January 2026 ETF and a new performance cap of 20.01%, retaining the 100% buffer based on KWEB's price as of January 27, 2025, in response to strong momentum in China internet stocks. More recently, in December 2025, KraneShares announced a partnership with ICBC UBS International to list a KWEB-tracking ETF on the Hong Kong Stock Exchange (HKEX) in HKD, USD, and RMB counters, expanding the underlying KWEB strategy to Asian investors and enhancing regional access to China internet exposure amid growth in AI and digital economy sectors. These developments reflect KraneShares' ongoing enhancements to its buffer ETF series, including related products like the 90% KWEB Defined Outcome January 2027 ETF (KBUF), positioning KPRO within a broader suite of research-driven, high-conviction China-focused offerings.