HOW TO PLAY IT

According to Brendan Ahern

For those unable to afford Acadian’s high minimums, there’s KraneShares Bosera MSCI China A (KBA), a $564 million ETF geared to retail investors who believe the biggest growth market in China is in mainland Chinese equities. Its chief investment officer, Brendan Ahern, is pound-the-table bullish. “Once China A-shares are fully included in the MSCI Emerging Markets Index, it will be bigger than South Korea,” he says of the weighting. That index has around 1,200 stocks, and China accounts for 500 of them. “Passive investments have no choice but to buy more China stocks if they are following a benchmark,” Ahern says. The KraneShares China A fund launched March 4, 2014. It’s up 41% since inception ending September 30 and 25% year-todate.