Advertising Disclosure
Wolf Financial LLC ("Wolf Financial") may publish content referencing the KraneShares 2X Long BABA Daily ETF ("KBAB"). Wolf Financial has a business relationship with KraneShares.
This relationship creates a potential conflict of interest.
About This ETF
The KraneShares 2X Long BABA Daily ETF (KBAB) is a daily leveraged ETF designed for short-term trading. The Fund seeks daily investment results, before fees and expenses, of 200% of the daily percentage change of the U.S. listings or American Depositary Receipts (ADRs) of Alibaba Group Holding Limited (NYSE: BABA).
The Fund does not provide long-term leveraged exposure and is not intended for buy-and-hold investors.
- Leverage factor: 2x (daily)
- Rebalancing frequency: Daily
- Management style: Active
- Total annual operating expense (gross): 1.27%
- Total annual operating expense (net): 1.00% (fee waiver in effect until August 1, 2026)
- Inception date: March 11, 2025
- Primary exchange: NASDAQ
Important Risk Disclosures
This ETF is not suitable for all investors.
KBAB is intended for knowledgeable investors who actively monitor their portfolios and understand the risks associated with daily leveraged products. Due to daily rebalancing and compounding, returns over periods longer than one day may significantly differ from 200% of the underlying stock's return over the same period.
Key risks include, but are not limited to:
- Daily compounding risk
- Single-stock concentration risk
- Market volatility risk
- Derivative and counterparty risk
- Geopolitical and China-related risks
Investors may lose all or a substantial portion of their investment. Losses may occur even if the underlying stock's price rises over longer holding periods.
Position Disclosure
As of the date above, Wolf Financial LLC and its affiliated creators do not hold positions in KBAB.
No Investment Advice
This content is provided for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security.
Wolf Financial LLC is not a registered investment adviser or broker-dealer.
Investors should carefully review the Fund's prospectus and consider their own financial circumstances and risk tolerance before investing.
Compensation
Krane Shares is paying The Investing Authority $75k in cash, with a start date of January 15th 2026 - April 15th 2026, social media promotion, and live events
