Topic: How To Invest

Q: What do you think about the KraneShares Emerging Markets Healthcare Index ETF? Thanks.

Article Excerpt

A: KraneShares Emerging Markets Healthcare Index ETF, $31.74, symbol KMED on New York (Units outstanding: 100.0 million; Market cap: $3.2 billion;, mirrors the Solactive Emerging Markets Healthcare Index. This index tracks companies engaged in the health-care segment of various emerging markets. The stocks it invests in include small-cap, mid-cap, and large-cap companies involved in hospital management, healthcare management, pharmaceutical manufacturing and biotechnology, among other sub-industries. The ETF started up on August 29, 2018. It has an MER of 0.79%. That’s up to one third of the typical MER on conventional Canadian mutual funds. It’s also up to 10 times the MER on plain vanilla ETFs that aim to mimic a broad market index, as opposed to a specialized one like this. The KraneShares Emerging Markets Healthcare Index ETF has the majority of its holdings in China (42.5% of assets), followed by South Korea (23.2%) and India (11.8%). After that, its assets are in Malaysia (9.0%), Brazil (5.0%), Thailand (4.4%), South Africa (1.7%),…

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