Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the new KraneShares China Junk Bond ETF

Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the new KraneShares China Junk Bond ETF
10.07.2018 09:19 am

Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the new KraneShares China Junk Bond ETF

Trading Systems

Solactive is pleased to announce that the Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the latest KraneShares CCBS China Corporate High Yield Bond USD Index ETF (KCCB).

 A main driver for this ETF has been the increasing demand of high yield by USD investors. Due to the growing size of bond issuance in China, and the continuous growth opportunities provided by this market, the fund is an interesting vehicle to gain exposure to high yielding assets with a low correlation to US and global markets.

Focusing on high returns, the underlying of this ETF selects the highest yielding USD bonds per issuer with a remaining time to maturity between 2 and 5 years issued by Chinese companies. In order to qualify as a high yielding bond, it needs to have a high yield rating assigned by either Fitch Ratings or Moody’s or have no rating at all.

Timo Pfeiffer, Head of Research at Solactive, commented: “The Chinese market never stops impressing us. As the market creates more growth opportunities, it is important to gain access to investment vehicles that allow us to participate in such growth. KraneShares has shown to have an important focus on Asia, and more specifically on China. This has translated into an improved know-how which should be leveraged by anyone interested in accessing this impressive market.”

Related News

TradeStation International Ltd to Offer Subscription Account Featuring TradeStation Technologies' Advanced Analytical Capabilities

TradeStation International Ltd, the London-based, United Kingdom subsidiary of TradeStation Group, Inc., today announced that it is now offering European traders, investors,... Read more »

CloudTrade brings global cloud-based PDF invoice automation to enVista

enVista, a leading global consulting and software solutions firm, enabling enterprise commerce for the world’s leading manufacturers,... Read more »

Tradeshift Cash partners with Dai stable cryptocurrency

The partnership combines the power of the Tradeshift business commerce platform with the stability and security of the Dai Credit System to establish a supply chain liquidity... Read more »

Noble Vici Selects Neo & Partners Global’s TRADING-ATRIUM

Neo & Partners Global, Asia’s and Singapore’s first-of-of-its-kind Entrepreneurial TRADING-ATRIUM (Hub) for Fund Management Companies, Proprietary Trading Firms, Family... Read more »

SIX to launch full end-to-end and fully integrated digital asset trading, settlement and custody service

Switzerland’s stock exchange – owned and managed by SIX – today announced that it is building a fully integrated trading, settlement and custody infrastructure for digital... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App