KraneSharesNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
KraneShares will rename the KraneShares SSE STAR Market 50 Index ETF to the KraneShares China Technology & Semiconductor STAR 50 Index ETF effective July 20, 2026. The fund will continue tracking the same STAR Market 50 Index of leading companies listed on Shanghai's innovation-focused exchange but will update its investment strategy and disclosures to emphasize exposure to China's technology and semiconductor industries. The prospectus will also add detailed semiconductor industry risk disclosures, reflecting the sector's increased prominence within the fund.
At a glance
- Beat
- Fund Updates
- Issuer
- KraneShares
- Region
- United States
- Filed
- 1 July 2026
Source: SEC Filings
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