KRBN

KraneShares Global Carbon Strategy ETF

$33.79
+0.00%
Market closed. Last update: 12:28 PM ET

📎 Investment Objective

The KraneShares Global Carbon Strategy ETF (KRBN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the IHS Markit Global Carbon Index.

Overview

ETF tracking KraneShares Global Carbon Strategy ETF

Category Thematic
Issuer Other
Inception Date 2020-07-30
Market Cap $168.9M
Average Volume N/A
Dividend Yield 6.16%
52-Week Range $25.85 - $34.17
VWAP $33.82

Performance

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Investment Summary

📎 Investment Objective

The KraneShares Global Carbon Strategy ETF (KRBN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the IHS Markit Global Carbon Index.

🎯 Investment Strategy

The fund invests in global carbon credit futures contracts and other carbon-related instruments to provide exposure to the global carbon credit market. The portfolio is designed to track the performance of the IHS Markit Global Carbon Index, which measures the performance of the most liquid carbon credit futures contracts.

✨ Key Features

  • Provides exposure to the global carbon credit market through futures contracts and other instruments
  • Tracks the IHS Markit Global Carbon Index, a benchmark for the global carbon credit market
  • Aims to offer investors a way to potentially benefit from the growth and price appreciation of carbon credits worldwide
  • Relatively new fund with no performance history yet

⚠️ Primary Risks

  • Futures contract risk: The fund's use of futures contracts exposes it to the risks associated with the futures market, including volatility and potential losses
  • Commodity risk: As a fund focused on carbon credits, it is subject to the risks inherent in commodity markets, including price fluctuations
  • Regulatory risk: Changes in government policies and regulations related to carbon emissions and trading could impact the fund's performance
  • Lack of performance history: As a new fund, it does not have a track record to evaluate its long-term performance

👤 Best For

The KraneShares Global Carbon Strategy ETF may be suitable for investors seeking exposure to the global carbon credit market as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the fund's performance can be volatile due to its focus on futures contracts and commodity-related assets.