KBA Fees and Costs — KraneShares Bosera MSCI China A 50 Connect Index ETF
Data updated: 2026-08-28
The net expense ratio is 0.56%: a 0.78% management fee plus 0.01% other expenses, less a 0.23% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $181K in broker commissions, 0.0888% of average net assets, and portfolio turnover was 55%.
KBA Fees and Expenses
Annual operating expenses and sales charges of KBA. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
KBA Costs Over Time
On $10,000 invested in KBA, assuming 5% a year before costs, total costs come to $409 over 5 years, cutting the return by 0.68% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $9 | $29 | $51 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $224 | $409 |
| Value after costs | $10,432 | $11,352 | $12,354 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
KBA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0888%
- Total broker commissions: $181K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 55%
- Securities lending: none during the year
KBA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL | $53K | 29.24% |
| UBS SECURITIES | $51K | 27.93% |
| J P MORGAN CHASE BANK | $46K | 25.38% |
| BAML | $30K | 16.41% |
| UBS INTERNATIONAL INC | $2K | 1.04% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.