- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 280 Park Avenue, 32nd Floor New York NY United States of America 10017
- IPO Date
- Sep 14, 2017
- Business
- KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that tracks the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The fund invests at least 80% of its net assets in securities comprising the index or instruments with similar economic characteristics, focusing on companies benefiting from China's One Belt One Road infrastructure initiative through geography, revenue exposure, and sector alignment; it holds approximately 172 stocks across diversified sectors including financial services, basic materials, utilities, and energy, with top holdings such as Kuwait Finance House, Oversea-Chinese Banking Corp, Valterra Platinum Ltd, and China Yangtze Power Co Ltd. OBOR provides targeted exposure to emerging market equities in Asia, Middle East, Africa, and Europe that support global trade and infrastructure development tied to the initiative, which spans countries like China, Russia, Singapore, Malaysia, Israel, and others.
Launched on September 7, 2017, and listed on NYSE Arca under ticker OBOR (CUSIP 500767868; ISIN US5007678684), the ETF is managed by Krane Funds Advisors, LLC, part of KraneShares, a specialist asset manager founded in 2013 with headquarters at 280 Park Avenue, 32nd Floor, New York, NY. KraneShares maintains additional offices in San Francisco, CA, and London, UK, and formed a strategic partnership in 2017 with China International Capital Corporation (CICC), which acquired a majority ownership stake; the firm is a signatory to the United Nations Principles for Responsible Investing (UN PRI).
Recent developments include strong performance with year-to-date net asset value returns of 21.56% and one-year returns of 22.61% as of late 2025, alongside annual distributions such as $0.817 per share in December 2024; assets under management stand at approximately $3.97 million with a total annual operating expense ratio of 0.79%. KraneShares continues to expand its product suite beyond OBOR, launching private funds for accredited investors targeting venture-backed companies in artificial intelligence, humanoid robotics, aerospace, and defense in 2025, as well as renaming its Asia Robotics and AI ETF to KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) with a NASDAQ listing earlier in the year. These initiatives reflect KraneShares' broader strategic focus on China-linked themes, climate, and disruptive technologies amid evolving global infrastructure and innovation trends.