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Krane Funds Advisors, LLC announced the launch of the KraneShares S&P Pan Asia Dividend Aristocrats ETF (Ticker: KDIV) on the New York Stock Exchange as of September 15, 2022. KDIV aims to track the S&P Pan Asia Dividend Aristocrats Index, focusing on companies in Asia that have consistently increased dividends. According to the IMF, GDP growth in this region is projected at 4.9% in 2022 and 5.1% in 2023. This ETF represents a valuable expansion of KraneShares' offerings, being the first US-listed ETF to utilize this methodology in the Pan Asia region.
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