KEMX Fees and Costs — KraneShares MSCI Emerging Markets ex China Index ETF
Data updated: 2026-08-28
The net expense ratio is 0.24%: a 0.58% management fee plus 0.01% other expenses, less a 0.35% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $28K in broker commissions, 0.0386% of average net assets, and portfolio turnover was 27%.
KEMX Fees and Expenses
Annual operating expenses and sales charges of KEMX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.59% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.24% |
| 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 |
KEMX Costs Over Time
On $10,000 invested in KEMX, assuming 5% a year before costs, total costs come to $177 over 5 years, cutting the return by 0.29% 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 0.24%) | $25 | $79 | $138 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $5 | $16 |
| Total costs | $29 | $96 | $177 |
| Value after costs | $10,471 | $11,480 | $12,586 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
KEMX 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): 0.0386%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
KEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $24K | 85.34% |
| BAML | $4K | 14.66% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.