5.85% annual total return from China commercial paper ETF (symbol = KCNY)

Does anyone have an opinion on KCNY? I just watched their two educational videos and the fund seems interesting;
++ http://kraneshares.com/an-introduction-to-the-kraneshares-e-fund-china-commercial-paper-etf-nysekcny/
++ http://kraneshares.com/potential-applications-of-china-commercial-paper-in-portfolio

I'm sick of making 0.01% on my brokerage account money market sweeps. This ETF seems like an interesting alternative.

I looked up KCNY on www.morningstar.com and it said 100% of the ETF holdings are 'cash and equivalents'...can that be right?

Here is the fact sheet = http://kraneshares.com/resources/kcny_factsheet.pdf

Very interested to see if any one owns this fund or what their opinion is of the fund. Thx
 

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