A KURE For The Basic Health Care ETF

[ad_1]

Traditional healthcare exchange-traded funds primarily focus on large-cap U.S.-based companies. A new ETF shifts the healthcare investing paradigm by emphasizing healthcare opportunities in China, the world’s second-largest economy.

KraneShares, the New York-based ETF sponsor known for its lineup of unique China and emerging markets funds, introduced Thursday the KraneShares MSCI All China Health Care Index ETF (NYSE:KURE).

The KraneShares MSCI All China Health Care Index ETF tracks the MSCI China All Shares Health Care Index. That benchmark includes A-Shares, B-Shares, H-Shares, P-Chips and Red Chips, giving the new ETF exposure to companies listed in mainland China (A-Shares), Hong Kong (H-Shares) and the U.S.

Another China Boom

When it comes to fast-growing sectors, investors often highlight China’s booming consumer discretionary, Internet and technology groups. Those themes are accessible with and reflected in ETFS such as the KraneShares CSI China Internet ETF (NASDAQ: KWEB) and the KraneShares Emerging Markets Consumer Technology ETF (NYSE: KEMQ).

China’s healthcare sector is booming, however, as well and posting growth rates well in excess of the same…

Read More…

x

Check Also

Department of Health and health agencies refuse to name hospitals …

[ad_1] The Department of Health, the HSE and a number of State-funded health agencies have refused to say which hospitals may have used faulty maternity unit monitors which are now the subject of an investigation. The investigation into into the use at such units at 11 hospitals was ordered by the Department of Health after ‘communications’ were directed to itself, the HSE and the Health Products Regulatory Authority (HPRA). The investigation is ...