# KraneShares CSI China Internet UCITS ETF EUR (KWBE) **Page:** https://fundology.uk/fund/kwbe · ISIN IE00BFXR7900 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, KWBE (KraneShares CSI China Internet UCITS ETF EUR, ISIN IE00BFXR7900) closed at €10.97 on the London Stock Exchange. Its ongoing charge is 0.75% a year (about £75 on £10,000). Over the five years to 13/11/2026 its price changed by −45.6%, or −57.5% after UK CPIH inflation. ## Summary KraneShares CSI China Internet UCITS ETF EUR is an exchange-traded fund (ETF) from KraneShares, launched in 2020. It tracks the CSI Overseas China Internet. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.75% a year — about £75 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **€10.97** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | KWBE | | ISIN | IE00BFXR7900 | | Category | Technology | | Type | ETF | | Provider | KraneShares | | Tracks | CSI Overseas China Internet | | Income | Accumulating | | Ongoing charge | 0.75% a year (£75 per £10,000) | | Fund size | £111m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/09/2020 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -38.34% | -40.53% | income reinvested | | 3 years | -10.46% | -19.10% | income reinvested | | 5 years | -45.58% | -57.52% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of KraneShares CSI China Internet UCITS ETF EUR in pounds (price, with income reinvested in the fund): 2022 −7.2%, 2023 −14.9%, 2024 +15.6%, 2025 +19.7%; 2026 to 13/11/2026 −34.4%. Returns of KraneShares CSI China Internet UCITS ETF EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −38.3%; to 30/09/2025: +30.3%; to 30/09/2024: +14.5%; to 30/09/2023: +0.5%; to 30/09/2022: −29.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -7.2% | -15.0% | Price | | 2023 | -14.9% | -18.3% | Price | | 2024 | +15.6% | +11.6% | Price | | 2025 | +19.7% | +15.6% | Price | | 2026 to 13/11/2026 | -34.4% | -36.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 24.52% | -39.26% | | 3 years | 33.08% | -43.25% | | 5 years | 39.10% | -54.27% | ## Largest fall Volatility of KraneShares CSI China Internet UCITS ETF EUR in pounds, annualised from weekly returns to 13/11/2026: 24.5% over 1 year, 33.1% over 3 years, 39.1% over 5 years. Largest fall in the price of KraneShares CSI China Internet UCITS ETF EUR since November 2021, in pounds: −51.4% from 19/11/2021 to 28/10/2022. The lowest 12-month return of KraneShares CSI China Internet UCITS ETF EUR in pounds (price, with income reinvested in the fund) since January 2021 was −61.4% (12 months to 18/02/2022); the highest was +59.9% (12 months to 12/09/2025). On 13/11/2026 the price of KraneShares CSI China Internet UCITS ETF EUR was 42.3% below its highest weekly close since November 2021 (03/10/2025), in pounds. ## Charges compared with similar funds Ongoing charge of KraneShares CSI China Internet UCITS ETF EUR 0.75% a year. Compared on 14/11/2026, 12 of the 119 other technology funds charge more, 1 the same and 106 less (share classes counted once). ## Funds tracking the same index 2 funds track CSI Overseas China Internet, this one included and share classes counted once (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | KraneShares CSI China Internet UCITS ETF Accum Hedged EUR | — | — | — | — | | KraneShares CSI China Internet UCITS ETF EUR (this fund) | 0.75% | -38.3% | -10.5% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.75%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of KWBE?** The ongoing charge of KWBE is 0.75% a year — about £75 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of KraneShares CSI China Internet UCITS ETF EUR 0.75% a year. Compared on 14/11/2026, 12 of the 119 other technology funds charge more, 1 the same and 106 less (share classes counted once). **What does KWBE track?** KWBE tracks the CSI Overseas China Internet. **Is KWBE accumulating or distributing?** KWBE is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of KWBE?** The ISIN of KWBE is IE00BFXR7900. An ISIN identifies one exact share class of a fund; KWBE is its ticker on the London Stock Exchange. **What were KWBE’s returns in each of the last five years?** Calendar-year returns of KWBE in pounds (price, with income reinvested in the fund): 2022 −7.2%, 2023 −14.9%, 2024 +15.6%, 2025 +19.7%; 2026 to 13/11/2026 −34.4%. Past performance is not a guide to future returns. **How has KWBE done after inflation?** Over the five years to 13/11/2026 KWBE’s price changed by −45.6%, or −57.5% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.