Asia-Pacific

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KraneShares China internet ETF reports high double digit returns

KraneShares China internet ETF reports high double digit returns

China focused ETF provider Krane Funds Advisors reports that its flagship KraneShares CSI China Internet ETF (NYSE: KWEB) achieved an annualised five-year return of 18.14 per cent and a cumulative five-year return of 130.26 per cent as of July 31, 2018. During the same time period the S&P 500 Index returned 13.11 per cent annualised and 85.18 per cent cumulative.

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Aussie ETF launch portfolio includes Shopify

Aussie ETF launch portfolio includes Shopify

Aussie-based Contango Asset Management and Californian-based WCM Investment Management have jointly launched an ETMF (an exchange traded managed fund) the WCM Quality Global Growth Fund for Australian investors which gives them exposure to stocks such as Shopify, the e-commerce platform which powered the launch of Kylie Jenner’s makeup line.