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KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM): ETF

ETF traded on ARCX under symbol KMLM. Quoted in usd.

KraneShares Mount Lucas Managed Futures Index Strategy ETF logo

KraneShares Mount Lucas Managed Futures Index Strategy ETF

+0.41%$29.21
ARCX:KMLMEquity
AUM $583.82M·YTD --·Yield --
KraneShares Mount Lucas Managed Futures Index Strategy ETF logoARCX:KMLM$29.21+0.41%
About KMLM

The KMLM fund strives for overall capital appreciation by strategically employing both long and short positions, informed by daily trading signals, across futures contracts in commodities, currencies, and global fixed income. For tax efficiency, KMLM accesses futures markets through a wholly-owned subsidiary situated in the Cayman Islands, rather than holding the contracts directly. Annually, an index committee selects 22 distinct futures contracts from these three broad asset categories. The weighting assigned to each of the three categories is determined by their historical volatility, with all contracts within a chosen category being equally weighted. The portfolio is rebalanced on a monthly basis, and contracts are rolled over on a market-specific schedule as they approach expiration. The fund also has the discretion to invest in instruments not part of the index, including equities or various derivatives such as swaps, forwards, structured notes, and options. Historically, the fund was actively managed before April 1, 2022, and was known as the KFA Mount Lucas Index Strategy ETF until November 10, 2022. A future rebranding is scheduled for August 1, 2024, at which point "KFA" will be replaced by "KraneShares" in the fund's name.

Largest holdings

  1. Cash44.26%
  2. B 11/17/2615.40%
  3. B 12/15/2614.50%
  4. B 12/29/2614.47%
  5. B 12/01/2613.67%
  6. WTI CRUDE FUTURE DEC260.00%
  7. JPN YEN CURR FUT DEC260.00%
  8. GOLD 100 OZ FUTR DEC260.00%
  9. WHEAT FUTURE(CBT) DEC260.00%
  10. COPPER FUTURE DEC260.00%
Full holdings, sectors and countries
Dividend History
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Compared against
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Total Invested
$70,000
Final Portfolio
$107,318
Total Return
+$37,318
(+53.3%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$583.82M
NAV$29.19
Premium/Discount+0.07%
Expense Ratio0.90%
Market Cap$427.70M
Shares Outstanding14.20M
Inception DateDec. 1, 2020
Fund Details
IssuerKraneShares
Asset ClassEquity
Beta-0.26
SectorFinancial Services
DomicileUS
52-Week Range
$25.77$31.73
Current: $29.21
Volume
Volume560.09K
Avg Volume377.33K
Vol/Avg1.48x

30d

443.59K

60d

406.82K

90d

384.31K

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