KraneShares California Carbon Allowance ETF
KCCA
$28.46
-$0.0181-0.06%
Rating
Fund Information
ETF
Services Offered
None
Top Holdings
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Beta / Standard Deviation
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Company Information
KraneShares
James Maund (2), Jonathan Shelon (2), Luke Oliver (1)
1350 Avenue of the Americas
Second Floor
New York NY - 10019
Second Floor
New York NY - 10019
United States
855-857-2638
Investment Strategy
The investment seeks to provide a total return that, before fees and expenses, tracks the performance of the IHS Markit Carbon CCA Index. The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the California Carbon Allowance “cap and trade” regime. The index includes only carbon credit futures that mature in December of the next one to two years. The fund will generally seek to obtain exposure to the same carbon credit futures that are in the index. The fund will invest at least 80% of its net assets in instruments that provide exposure to California Carbon Allowances. It is non-diversified.