KraneShares Emerging Markets Healthcare Index ETF (KMED)
KraneShares Emerging Markets Healthcare Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $18.81, down 2.72% on the session, giving a market capitalisation of $1.9M. Its beta of 0.66 implies it has historically moved less than the broad market.
This fund aims to invest a minimum of 80% of its total assets in holdings that are either directly part of its reference index or possess comparable economic characteristics. The benchmark index itself is composed of companies, classified by RBICS, operating in various healthcare sectors, including pharmaceutical development, biotechnology, specialized medical products, managed healthcare services, hospital and nursing home administration, direct medical and nursing care, and other support services for the health industry. It's important to note that this fund is not diversified.
KraneShares Emerging Markets Healthcare Index ETF is most often compared with the following Financial Services names: