Kraneshares China Internet and Covered Call Strategy ETF (KLIP) Quote

It looks kind of ominous - ,
I just bought some on a lark for the monthly dividend. I got 0.83 I believe, but China in general looks to be having major problems with commercial real estate and companies leaving. It looks like a slow downturn with the possibility of a major Black Swan event that could be catastrophic.

https://apnews.com/article/china-evergrande-trading-property-kong-hui-944c672c21a1c43bfb38567989d38c6e

https://www.cnn.com/2023/07/07/tech/jack-ma-ant-group-fine/index.html#:~:text=China's%20top%20financial%20regulators%20have,consumer%20protection%20and%20corporate%20governance.

https://www.cnbc.com/2023/03/21/vanguard-prepares-to-exit-china-funds-market-sources-say.html

Something to consider perhaps.....I dunno........What say you ?





This being LAST NIGHTS' action ;






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Lol, that was quick. Yes, the article I read when looking into it said essentially the same as you. I was curious how quickly It would drop.

Like most ETF's the monthly dividend changes. Septembers dividend is .83 cents. If they follow the pattern the dividend will be less towards the end of the year.

KLIP- so like, this has a 55% monthly dividend...what! So like, how much dough can I pull in before it drops to 2%?

https://kraneshares.com/klip/

https://finviz.com/quote.ashx?t=KLIP&ty=c&ta=1&p=d