DRIV - KARS Looks To Drive Exponential Returns

• The KraneShares Electric Vehicles and Future Mobility Index ETF is the US-based fund manager’s packaged thematic play on electric vehicles.
• The electric vehicle industry witnessed rampant success over the past couple of years with investor enthusiasm for all things electric pushing securities valuations to feverish levels.
• But this is not a pure play Tesla long position in disguise – in fact, the fund does not hold the Fremont giant despite flaunting electric vehicle credentials.
• Ostensibly Chinese, this fund aims to gain exposure to the vibrant Chinese EV market.
• Continued legislative and Sino-American geopolitical pressures imply risk not seen in other typical all-American pure plays.

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