KraneShares
Asia Robotics and Artificial Intelligence Index ETF - ( KraneShares
Bosera MSCI China A Share ETF - ( KraneShares
Asia Pacific High Yield Bond ETF, (Formerly, KraneShares CCBS China
Corporate High Yield Bond USD Index ETF) - ( KraneShares
CICC China 5G and Semiconductor Index ETF (Formerly, KraneShares CICC
China 5G and Technology Leaders Index ETF) - ( KraneShares
CICC China Consumer Leaders Index ETF - ( KraneShares
CICC China Leaders 100 Index ETF ( KraneShares
CSI China Internet ETF - ( KraneShares
China Credit Index ETF (Formerly, KraneShares Bloomberg Barclays China
Aggregate Bond Inclusion Index ETF) - ( KraneShares
Bloomberg Barclays China Bond Inclusion Index ETF (Formerly, KraneShares E
Fund China Commercial Paper ETF) - ( KraneShares
Electric Vehicles and Future Mobility Index ETF - ( KraneShares
Emerging Markets Consumer Technology Index ETF - ( KraneShares
Emerging Markets Healthcare Index ETF - ( KraneShares
Global Carbon ETF - ( KraneShares
MSCI All China Consumer Discretionary Index ETF - ( ) KraneShares
MSCI All China Consumer Staples Index ETF - (KraneShares
MSCI All China Health Care Index ETF - (KraneShares
MSCI All China Index ETF - ( KraneShares
MSCI China A Hedged Index ETF - ( KraneShares
MSCI China Clean Technology Index ETF (Formerly, KraneShares MSCI China
Environment Index ETF) - ( KraneShares
MSCI China ESG Leaders Index ETF -( KraneShares
MSCI Emerging Markets ex China Index ETF - ( KraneShares
MSCI One Belt One Road Index ETF - ( KraneShares
SSE STAR Market 50 Index ETF - ( |
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver*** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
$ |
$ |
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Return |
Quarter
Ended/Year | |
|
|
|
|
- |
|
KraneShares Bosera MSCI
China A Share ETF |
1 year |
5 years |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) | |
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
Return |
Quarter
Ended/Year | |
|
|
|
|
- |
|
KraneShares Asia Pacific
High Yield Bond ETF (formerly, KraneShares
CCBS China Corporate High Yield Bond USD Index ETF) |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver*** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
$ |
$ |
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China
A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign investors.
|
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
|
Return |
Quarter Ended/Year |
|
|
|
|
- |
|
KraneShares CICC China
Leaders 100 Index ETF (previously known as the KraneShares
Zacks New China ETF) |
1 year |
5 years |
Since
Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● |
The
Index Provider defines China-based companies as those that: (i) are
incorporated in mainland China; (ii) have their headquarters in mainland
China; or (iii) derive at least 50% of its revenue from goods produced or
sold, or services performed, in mainland China. |
● |
China
Internet Companies include, but are not limited to, companies that develop
and market Internet software and/or provide Internet services; manufacture
home entertainment software and educational software for home use; provide
retail or commercial services primarily through the Internet; and develop
and market mobile Internet software and/or provide mobile Internet
services. |
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign investors.
|
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong dollars.
|
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or Bermuda.
|
|
Return |
Quarter
Ended/Year |
|
|
|
|
- |
|
KraneShares CSI China
Internet ETF |
1 year |
5 years |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver*** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
$ |
$ |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
104 |
KraneShares
Bloomberg Barclays China Bond Inclusion Index ETF |
● | RMB Bonds issued by the People’s Republic of China (“PRC”) represent approximately 25% of the weight of the Underlying Index; |
● | RMB Bonds issued by policy banks (namely, the Agricultural Development Bank of China, China Development Bank and Export-Import Bank of China) represent approximately 25% of the weight of the Underlying Index; and |
● | RMB Bonds issued by corporations or other government-related entities (“Corporate RMB Bonds”) represent approximately 50% of the Underlying Index, with the weight of any individual such issuer capped at 9%. |
Return |
Quarter
Ended/Year | |
|
|
|
|
- |
|
KraneShares
Bloomberg
Barclays
China
Bond Inclusion Index ETF (formerly, KraneShares E Fund China Commercial
Paper ETF) |
1 year |
5 years |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
Return |
Quarter
Ended/Year | |
|
|
|
|
- |
|
KraneShares Electric
Vehicles and Future Mobility Index ETF |
1 Year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver*** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
Rank |
Weight |
1
to 10 |
3.5%
|
11
to 30 |
2.5%
|
31
to 50 |
0.75%
|
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong dollars.
|
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Return |
Quarter Ended/Year | |
|
|
|
|
- |
|
KraneShares Emerging
Markets Consumer Technology Index ETF |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● | China A-Shares, which are shares of
companies incorporated in mainland China that are traded on the Chinese
exchanges and denominated in domestic renminbi. China A-Shares are
primarily purchased and sold in the domestic Chinese market. To the extent
the Fund invests in China A-Shares, it expects to do so through the
trading and clearing facilities of a participating exchange located
outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified
Foreign Institutional Investor (“RQFII”) or Qualified Foreign
Institutional
Investor
(“QFII”) license may also be acquired to invest directly in China
A-Shares. |
● | China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
● | China H-Shares, which are shares of
companies incorporated in
mainland
China and listed on the Hong Kong Stock Exchange (“H-Shares”), where
they are traded in Hong Kong dollars and may be traded by foreign
investors. |
● | China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
● | P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Return |
Quarter
Ended/Year | |
|
| |
- |
|
KraneShares Emerging
Markets Healthcare Index ETF |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
Solactive
Emerging Markets Healthcare Index (Reflects no deduction for fees,
expenses or taxes) |
|
|
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
The
Fund attempts to maintain exposure to carbon credit futures that are
substantially the same as those included in the Index and to exceed the
performance of the Index through direct or indirect investments in debt
instruments.
The
Index is designed to measure the performance of a portfolio of liquid
carbon credit futures that require “physical delivery” of emission
allowances issued under cap and trade regimes. The Index includes only
carbon credit futures that mature in December of the next one to two years
and that have a minimum average monthly trading volume over the previous
six months of at least $10 million. The Index weights eligible carbon
credit futures based on their average monthly trading volume during the
relevant six-month period, subject to a 5% minimum weight per regime and a
65% maximum weight to any one of the following geographic regions: (1)
Europe, the Middle East and Africa, (2) the Americas, and (3) the
Asia-Pacific. In addition, no single carbon credit futures contract
expiring in a particular year will receive an allocation of less than 5%
or more than 60% at the semi-annual rebalancing or annual reconstitution
of the Index.
As
of June 29, 2021, the Index included carbon credit futures linked to the
value of emissions allowances issued under the following cap and trade
regimes: the European Union Emissions Trading System; the California
Carbon Allowance; and the Regional Greenhouse Gas Initiative cap and trade
regimes. As the global carbon credit market grows, additional carbon
credit futures, including those linked to the value of the United Kingdom
Allowance, are expected to enter the Index, and the Fund’s portfolio when
they have a minimum average monthly trading volume of at least $10 million
over the relevant six-month period.
The
Fund will utilize a subsidiary (the “Subsidiary”) for purposes of
investing in carbon credit futures. The Subsidiary is a corporation
operating under Cayman Islands law that is wholly-owned and controlled by
the Fund. The Subsidiary is advised by the Adviser. The Fund may invest up
to 25% of its assets in the Subsidiary. The Subsidiary has the same
investment objective as the Fund and will follow the same investment
policies and restrictions as the Fund. Except as noted, for purposes of
this Prospectus, references to the Fund’s investment strategies and risks
include those of its Subsidiary, and references to the Fund include the
Subsidiary.
|
What is a “cap and trade”
regime? In
a “cap and trade” regime, a limit (“cap”) is typically set by a regulator,
such as a government entity or supranational organization, on the total
amount of specific greenhouse gases, such as CO
2 ,
that can be emitted by regulated entities, such as manufacturers or energy
producers. The regulator then issues or sells “emission allowances” to
regulated entities which may then buy or sell (“trade”) the emission
allowances on the open market. To the extent that the regulator may then
reduce the cap on emission allowances, regulated entities are thereby
incentivized to reduce their emissions; otherwise they must purchase
emission allowances on the open market, where the price of such allowances
will likely be increasing as a result of demand, and regulated entities
that reduce their emissions will be able to sell unneeded emission
allowances for profit. Commodity futures contracts linked to the value of
emission allowances are known as “carbon credit
futures”. |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) | |
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
● | China A-Shares, which are shares of companies incorporated in mainland China that are traded on the Chinese exchanges and denominated in domestic renminbi. China A-Shares are primarily purchased and sold in the domestic Chinese market. To the extent the Fund invests in China A-Shares, it expects to do so through the trading and clearing facilities of a participating exchange located outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”) or Qualified Foreign Institutional Investor (“QFII”) license may also be acquired to invest directly in China A-Shares. |
● | China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
● | China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
● | China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
● | P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
● | China A-Shares, which are shares of companies incorporated in mainland China that are traded on the Chinese exchanges and denominated in domestic renminbi. China A-Shares are primarily purchased and sold in the domestic Chinese market. To the extent the Fund invests in China A-Shares, it expects to do so through the trading and clearing facilities of a participating exchange located outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”) or Qualified Foreign Institutional Investor (“QFII”) license may also be acquired to invest directly in China A-Shares. |
● | China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
● | China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
● | China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
● | P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver*** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● | China A-Shares, which are shares of companies incorporated in mainland China that are traded on the Chinese exchanges and denominated in domestic renminbi. China A-Shares are primarily purchased and sold in the domestic Chinese market. To the extent the Fund invests in China A-Shares, it expects to do so through the trading and clearing facilities of a participating exchange located outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”) or Qualified Foreign Institutional Investor (“QFII”) license may also be acquired to invest directly in China A-Shares. |
● | China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
● | China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
● | China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
● | P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
● | S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Return |
Quarter
Ended/Year | |
|
|
|
|
- |
|
KraneShares MSCI All China
Health Care Index ETF |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
MSCI
China All Shares Health Care 10/40 Index |
|
|
Shareholder Fees (
fees
paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waivers** |
- |
Total Annual Fund
Operating Expenses After Fee Waivers |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
· |
China A-Shares, which are shares of companies incorporated in mainland China that are traded on the Chinese exchanges and denominated in domestic renminbi. China A-Shares are primarily purchased and sold in the domestic Chinese market. To the extent the Fund invests in China A-Shares, it expects to do so through the trading and clearing facilities of a participating exchange located outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”) or Qualified Foreign Institutional Investor (“QFII”) license may also be acquired to invest directly in China A-Shares. |
· |
China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
· |
China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
· |
China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
· |
P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares may be issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Return |
Quarter
Ended/Year | |
|
| |
- |
|
KraneShares MSCI All China
Index ETF |
1 year |
5 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses that you pay each year as a percentage of the
value of your investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
· |
China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
· |
China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
· |
China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
· |
P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
· |
China A-Shares, which are shares of companies incorporated in mainland China that are traded on the Chinese exchanges and denominated in domestic renminbi. China A-Shares are primarily purchased and sold in the domestic Chinese market. To the extent the Fund invests in China A-Shares, it expects to do so through the trading and clearing facilities of a participating exchange located outside of mainland China (“Stock Connect Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”) or Qualified Foreign Institutional Investor (“QFII”) license may also be acquired to invest directly in China A-Shares. |
· |
China B-Shares, which are shares of companies listed on the Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign currencies (such as Hong Kong Dollars or U.S. Dollars), which were primarily created for trading by foreign investors. |
· |
China H-Shares, which are shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded in Hong Kong dollars and may be traded by foreign investors. |
· |
China N-Shares, which are shares of companies with business operations in mainland China and listed on an American stock exchange, such as NYSE or NASDAQ (“N-Shares”). |
· |
P-Chips, which are shares of private sector companies with a majority of their business operations in mainland China and controlling private Chinese shareholders, which are incorporated outside of mainland China and traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
Red Chips, which are shares of companies with a majority of their business operations in mainland China and controlled by the central, provincial or municipal governments of the PRC, whose shares are traded on the Hong Kong Stock Exchange in Hong Kong dollars. |
· |
S-Chips, which are shares of companies with business operations in mainland China and listed on the Singapore Exchange. S-Chip shares are issued by companies incorporated anywhere, but many are registered in Singapore, the British Virgin Islands, the Cayman Islands, or Bermuda. |
Return |
Quarter
Ended/Year | |
Highest
Return |
|
|
Lowest
Return |
- |
|
KraneShares MSCI China
Clean Technology Index ETF (formerly, KraneShares MSCI China Environment
Index ETF) |
1 year |
Since Inception ( |
|
|
|
Return
After Taxes on Distributions |
|
|
Return
After Taxes on Distributions and Sale of Fund
Shares |
|
|
S&P
500 Index (Reflects no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) | |
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
· |
First, the Index Provider rates companies within each industry depending on how well they manage ESG risks and opportunities facing the company, such as climate change, product liability, corporate governance and corporate behavior, relative to the company’s industry peers. |
· |
Second, the Index Provider conducts an assessment of controversies concerning the negative ESG impact of the company’s operations, products and services. The evaluation framework used to assess controversies is designed to reflect the international norms represented by the UN Declaration of Human Rights, the International Labor Organization Declaration on Fundamental Principles and Rights at Work, and the UN Global Compact. |
· |
Third, the Index Provider identifies companies that are involved in certain businesses, such as alcohol, tobacco, civilian firearms, gambling, nuclear power, and conventional and controversial weapons. |
· |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China
A-Shares. |
· |
China
B-Shares, which are
shares of companies listed on the
Shanghai or Shenzhen Stock Exchange but quoted and traded in foreign
currencies (such as Hong Kong Dollars or U.S. Dollars), which were
primarily created for trading by foreign
investors. |
· |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
· |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
· |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
· |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
· |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
Shareholder
Fees (fees paid directly from your
investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
Fee
Waiver** |
- |
Total Annual Fund
Operating Expenses After Fee Waiver |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
Return |
Quarter
Ended/Year |
|
|
|
|
- |
|
KraneShares MSCI Emerging
Markets ex China Index ETF |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
● |
China
A-Shares, which are shares of companies incorporated in mainland China
that are traded on the Chinese exchanges and denominated in domestic
renminbi. China A-Shares are primarily purchased and sold in the domestic
Chinese market. To the extent the Fund invests in China A-Shares, it
expects to do so through the trading and clearing facilities of a
participating exchange located outside of mainland China (“Stock Connect
Programs”). A Renminbi Qualified Foreign Institutional Investor (“RQFII”)
or Qualified Foreign Institutional Investor (“QFII”) license may also be
acquired to invest directly in China A-Shares. |
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
● |
China
H-Shares, which are shares of companies incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
● |
China
N-Shares, which are shares of companies with business operations in
mainland China and listed on an American stock exchange, such as NYSE or
NASDAQ (“N-Shares”). |
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
|
Return |
Quarter
Ended/Year |
|
|
|
|
- |
|
KraneShares MSCI One Belt
One Road Index ETF |
1 year |
Since Inception ( |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholder
Fees (fees paid directly from your investment) |
|
Annual Fund Operating
Expenses (expenses
that you pay each year as a percentage of the value of your
investment) |
|
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees* |
|
Other
Expenses** |
|
Total Annual Fund
Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
|
● |
China
B-Shares, which are shares of companies listed on the Shanghai or Shenzhen
Stock Exchange but quoted and traded in foreign currencies (such as Hong
Kong Dollars or U.S. Dollars), which were primarily created for trading by
foreign investors. |
|
● |
China
H-Shares, which are shares of companies
incorporated in mainland China and
listed on the Hong Kong Stock Exchange (“H-Shares”), where they are traded
in Hong Kong dollars and may be traded by foreign
investors. |
|
● |
China
N-Shares, which are shares of companies
with business operations in mainland
China and listed on an American stock exchange, such as NYSE or NASDAQ
(“N-Shares”). |
|
● |
P-Chips,
which are shares of private sector companies with a majority of their
business operations in mainland China and controlling private Chinese
shareholders, which are incorporated outside of mainland China and traded
on the Hong Kong Stock Exchange in Hong Kong
dollars. |
|
● |
Red
Chips, which are shares of companies with a majority of their business
operations in mainland China and controlled by the central, provincial or
municipal governments of the PRC, whose shares are traded on the Hong Kong
Stock Exchange in Hong Kong dollars. |
|
● |
S-Chips,
which are shares of companies with business operations in mainland China
and listed on the Singapore Exchange. S-Chip shares are issued by
companies incorporated anywhere, but many are registered in Singapore, the
British Virgin Islands, the Cayman Islands, or
Bermuda. |
· |
KraneShares Bosera MSCI China A Share ETF (KBA); |
· |
KraneShares CICC China 5G & Semiconductor Index ETF (KFVG); |
· |
KraneShares CSI China Internet ETF (KWEB); |
· |
KraneShares MSCI All China Consumer Discretionary Index ETF (KDSC); |
· |
KraneShares MSCI All China Consumer Staples Index ETF (KSTP); |
· |
KraneShares MSCI All China Health Care Index ETF (KURE); |
· |
KraneShares MSCI All China Index ETF (KALL); |
· |
KraneShares MSCI China A Hedged Index ETF (KBAH); |
· |
KraneShares MSCI China Clean Technology Index ETF (KGRN); |
· |
KraneShares MSCI Emerging Markets ex China Index ETF(KEMX); |
· |
KraneShares MSCI One Belt One Road Index ETF (OBOR); and |
· |
KraneShares SSE Star Market 50 Index ETF (KSTR). |
· |
The Index Provider defines China-based companies as those that: (i) are incorporated in mainland China; (ii) have their headquarters in mainland China; or (iii) derive at least 50% of its revenue from goods produced or sold, or services performed, in mainland China. |
· |
China Internet Companies include, but are not limited to, companies that develop and market Internet software and/or provide Internet services; manufacture home entertainment software and educational software for home use; provide retail or commercial services primarily through the Internet; and develop and market mobile Internet software and/or provide mobile Internet services. |
· |
RMB Bonds issued by the People’s Republic of China (“PRC”) represent approximately 25% of the weight of the Underlying Index; |
· |
RMB Bonds issued by policy banks (namely, the Agricultural Development Bank of China, China Development Bank and Export-Import Bank of China) represent approximately 25% of the weight of the Underlying Index; and |
· |
RMB Bonds issued by corporations or other government-related entities (“Corporate RMB Bonds”) represent approximately 50% of the Underlying Index, with the weight of any individual such issuer capped at 9%. |
Rank |
Weight |
1
to 10 |
3.5% |
11
to 30 |
2.5% |
31
to 50 |
0.75% |
· |
Alternative
Energy – Products, services, or infrastructure projects supporting the
development or delivery of renewable energy and alternative
fuels. |
· |
Energy
Efficiency – Products, services, infrastructure, or technologies that
proactively address the growing global demand for energy while minimizing
effects on the environment. |
· |
Sustainable
Water – Products, services, and projects that attempt to resolve water
scarcity and water quality issues, including minimizing and monitoring
current water use and demand increases, improving the quality of water
supply, and improving the availability and reliability of
water. |
· |
Green
Building – Building material suppliers; home builders; or property
managers that directly support and have a confirmed commitment to
achieving sustainable building standards (e.g. LEED, Energy Star Homes, or
other recognized standards of sustainable building) for all new
construction. |
· |
Pollution
Prevention – Products services, or projects focused on pollution
prevention; waste minimization or recycling, as a means of alleviating the
burden of unsustainable waste generation. |
· |
First, the Index Provider rates companies within each industry depending on how well they manage ESG risks and opportunities facing the company, such as climate change, product liability, corporate governance and corporate behavior, relative to the company’s industry peers. |
· |
Second, the Index Provider conducts an assessment of controversies concerning the negative ESG impact of the company’s operations, products and services. The evaluation framework used to assess controversies is designed to reflect the international norms represented by the UN Declaration of Human Rights, the International Labor Organization Declaration on Fundamental Principles and Rights at Work, and the UN Global Compact. |
· |
Third, the Index Provider identifies companies that are involved in certain businesses, such as alcohol, tobacco, civilian firearms, gambling, nuclear power, and conventional and controversial weapons. |
Risk |
KBOT |
KBA |
KHYB |
KFYP |
KWEB |
KRDT |
KBND |
KARS |
KEMQ |
Artificial
Intelligence and Robotics Risk |
X |
||||||||
Asia-Pacific
Risk |
X |
||||||||
Autonomous
Vehicles and Future Mobility Companies Risk |
X |
||||||||
Cash
and Cash Equivalents Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
China
Risk - General |
X |
X |
X |
X |
X |
X |
X |
X |
X |
China
- Onshore Investing Risks |
X |
X |
X |
X |
X |
X |
X |
X |
X |
China
Equity Investing Risks |
X |
X |
X |
X |
X |
X | |||
China
Fixed Income Investing Risks |
X |
X |
X |
Risk |
KBOT |
KBA |
KHYB |
KFYP |
KWEB |
KRDT |
KBND |
KARS |
KEMQ |
Communication
Services Sector Risk |
X |
X | |||||||
Concentration
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Consumer
Discretionary Sector Risk |
X |
X |
X | ||||||
Consumer
Services Sector Risk |
X | ||||||||
Consumer
Staples Sector Risk |
X |
||||||||
Currency
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Depositary
Receipts Risk |
X |
X |
X |
X |
X |
X | |||
Derivatives
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Emerging
Markets Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Equity
Securities Risk |
X |
X |
X |
X |
X |
X |
X | ||
ETF
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
ETF
Risk - New Fund Risk |
X |
X |
X |
||||||
ETF
Risk - Small Fund Risk |
X |
X |
X |
||||||
Financials
Sector Risk |
X |
X |
X |
||||||
Fixed
Income Securities Risk |
X |
X |
X |
||||||
Foreign
Securities Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Frontier
Markets Risk |
X | ||||||||
Geographic
Focus Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Germany
Risk |
X |
||||||||
High
Portfolio Turnover Risk |
X |
X |
X |
X |
X |
X |
X | ||
High
Yield and Unrated Securities Risk |
X |
X |
X |
||||||
Hong
Kong Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Industrials
Sector Risk |
X |
X |
|||||||
Information
Technology Sector Risk |
X |
X |
X |
X | |||||
Internet
Companies Risk |
X |
X | |||||||
Investments
in Investment Companies Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
IPO
Risk |
X |
X |
|||||||
Japan
Risk |
X |
||||||||
Large
Capitalization Company Risk |
X |
X |
X |
X |
X |
X | |||
Liquidity
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Management
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Market
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Materials
Sector Risk |
|||||||||
Mid-Capitalization
Company Risk |
X |
||||||||
Non-Diversified
Fund Risk |
X |
X |
X |
X |
X |
X |
|||
Operational
and Cybersecurity Risk |
* |
* |
* |
* |
* |
* |
* |
* |
* |
Passive
Investment Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Risk |
KBOT |
KBA |
KHYB |
KFYP |
KWEB |
KRDT |
KBND |
KARS |
KEMQ |
Privately-Issued
Securities Risk |
X |
X |
X |
||||||
Real
Estate Sector Risk |
X |
||||||||
Securities
Lending Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Small-
and Mid-Capitalization Company Risk |
X |
X |
X |
X |
X | ||||
South
Korea Risk |
X | ||||||||
Sovereign
and Quasi-Sovereign Debt Risk |
X |
X |
X |
||||||
Taiwan
Risk |
X |
||||||||
Tax
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Tracking
Error Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
U.S.
Dollar-Denominated Chinese Debt Securities Risk |
X |
||||||||
Utilities
Sector Risk |
|||||||||
Valuation
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Risk |
KMED |
KDSC |
KSTP |
KURE |
KALL |
KBAH |
KGRN |
KEMX |
OBOR |
Cash
and Cash Equivalents Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
China
Risk - General |
X |
X |
X |
X |
X |
X |
X |
X | |
China
- Onshore Investing Risks |
X |
X |
X |
X |
X |
X |
X |
X | |
China
Equity Investing Risks |
X |
X |
X |
X |
X |
X |
X |
X | |
Concentration
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Consumer
Discretionary Sector Risk |
X |
X |
X |
||||||
Consumer
Staples Sector Risk |
X |
||||||||
Currency
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Depositary
Receipts Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Derivatives
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Emerging
Markets Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Environmental
Issuers Risk |
X |
||||||||
Equity
Securities Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
ETF
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
ETF
Risk - New Fund Risk |
X |
X |
X |
||||||
ETF
Risk - Small Fund Risk |
X |
X |
X |
X |
X | ||||
Financials
Sector Risk |
X |
X |
X |
||||||
Foreign
Securities Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Frontier
Markets Risk |
X |
X | |||||||
Geographic
Focus Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Healthcare
Sector Risk |
X |
X |
|||||||
Hedging
Risk |
X |
Risk |
KBOT |
KBA |
KHYB |
KFYP |
KWEB |
KRDT |
KBND |
KARS |
KEMQ |
High
Portfolio Turnover Risk |
X |
X |
X |
X |
|||||
Hong
Kong Risk |
X |
X |
X |
X |
X |
X |
X |
||
Industrials
Sector Risk |
X |
X | |||||||
Information
Technology Sector Risk |
X |
X |
|||||||
Investments
in Investment Companies Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
IPO
Risk |
X |
X |
X |
X |
X |
X |
X |
X | |
Large
Capitalization Company Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Liquidity
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Management
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Market
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Materials
Sector Risk |
X | ||||||||
Mid-Capitalization
Company Risk |
X |
X |
X |
X |
X |
||||
Non-Diversified
Fund Risk |
X |
X |
X |
X |
X |
X |
|||
Operational
and Cybersecurity Risk |
* |
* |
* |
* |
* |
* |
* |
* |
* |
Passive
Investment Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Russia
Risk |
X | ||||||||
Securities
Lending Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Small-
and Mid-Capitalization Company Risk |
X |
X |
X |
X | |||||
South
Korea Risk |
X |
X |
|||||||
Taiwan
Risk |
X |
||||||||
Tax
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Tracking
Error Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Utilities
Sector Risk |
X | ||||||||
Valuation
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Risk |
KESG |
KSTR |
KFVG |
KRBN |
KBUY |
Cap
and Trade Risk |
X |
||||
Cash
and Cash Equivalents Risk |
X |
X |
X |
X |
X |
China
Risk - General |
X |
X |
X |
X | |
China
Risk - Onshore Investing Risks |
X |
X |
X |
X | |
China
Equity Investing Risks |
X |
X |
X |
X | |
Commodity-Linked
Derivatives Risk |
X |
||||
Commodity
Pool Registrations Risk |
X |
||||
Concentration
Risk |
X |
X |
X |
X | |
Consumer
Discretionary Sector Risk |
X | ||||
Consumer
Staples Sector Risk |
X |
Risk |
KESG |
KSTR |
KFVG |
KRBN |
KBUY |
Currency
Risk |
X |
X |
X |
X |
X |
Depositary
Receipts Risk |
X |
X |
X |
X | |
Derivatives
Risk |
X |
X |
X |
X |
X |
Emerging
Markets Risk |
X |
X |
X |
X | |
Equity
Securities Risk |
X |
X |
X |
X | |
ESG
Risk |
X |
||||
ETF
Risk |
X |
X |
X |
X |
X |
ETF
Risk - New Fund Risk |
X |
X |
X |
X |
X |
Financials
Sector Risk |
|||||
Fixed
Income Securities |
X |
||||
Foreign
Investments Risks |
X |
||||
Foreign
Securities Risk |
X |
X |
X |
X | |
Futures
Strategy Risk |
X |
||||
Geographic
Focus Risk |
X |
X |
X |
X |
X |
Healthcare
Sector Risk |
X |
||||
High
Portfolio Turnover Risk |
X |
X |
X |
X |
X |
High
Yield and Unrated Securities Risk |
|||||
Hong
Kong Risk |
X |
X |
X | ||
Industrials
Sector Risk |
X |
||||
Information
Technology Sector Risk |
X |
X |
|||
Investments
in Investment Companies Risk |
X |
X |
X |
X |
X |
IPO
Risk |
X |
X |
|||
Large
Capitalization Company Risk |
X |
X |
X |
X | |
Liquidity
Risk |
X |
X |
X |
X |
X |
Management
Risk |
X |
X |
X |
X |
X |
Market
Risk |
X |
X |
X |
X |
X |
Materials
Sector Risk |
X |
||||
Mid-Capitalization
Company Risk |
X |
||||
Non-Diversified
Fund Risk |
X |
X |
X |
X |
X |
Operational
and Cybersecurity Risk |
* |
* |
* | ||
Passive
Investment Risk |
X |
X |
X |
X | |
Securities
Lending Risk |
X |
X |
X |
X | |
Small-
and Mid-Capitalization Company Risk |
X |
X |
X | ||
Subsidiary
Investment Risk |
X |
||||
Tax
Risk |
X |
X |
X |
X | |
Tracking
Error Risk |
X |
X |
X |
X |
Risk |
KESG |
KSTR |
KFVG |
KRBN |
KBUY |
Regulatory
Risk |
X |
||||
U.S.
Government Obligations Risk |
X |
||||
Valuation
Risk |
X |
X |
X |
X |
X |
Fund |
Advisory
Fee |
Fee
Waiver* |
KraneShares
Asia Robotics and Artificial Intelligence Index ETF |
0.78% |
0.10% |
KraneShares
Bosera MSCI China A Share ETF |
0.78% |
0.20% |
KraneShares
Asia Pacific High Yield Bond ETF (formerly, KraneShares CCBS China
Corporate High Yield Bond USD Index ETF) |
0.68% |
N/A |
KraneShares
CICC China 5G & Semiconductor Index ETF (formerly, Krane Shares CICC
China 5G and Technology Leaders Index ETF) |
0.78% |
0.14% |
KraneShares
CICC China Consumer Leaders Index ETF |
0.68% |
N/A |
KraneShares
CICC China Leaders 100 Index ETF |
0.68% |
N/A |
Fund |
Advisory
Fee |
Fee
Waiver* |
KraneShares
CSI China Internet ETF |
0.68% |
N/A |
KraneShares
China Credit Index ETF (formerly, KraneShares Bloomberg Barclays China
Aggregate Bond Inclusion Index ETF) |
0.68% |
0.12% |
KraneShares
Bloomberg Barclays China Bond Inclusion Index ETF (formerly, KraneShares E
Fund China Commercial Paper ETF) |
0.68% |
0.20% |
KraneShares
Electric Vehicles and Future Mobility Index ETF |
0.68% |
N/A |
KraneShares
Emerging Markets Consumer Technology Index ETF |
0.78% |
0.20% |
KraneShares
Emerging Markets Healthcare Index ETF |
0.78% |
N/A |
KraneShares
Global Carbon ETF |
0.78% |
N/A |
KraneShares
MSCI All China Consumer Discretionary Index ETF |
0.78% |
N/A |
KraneShares
MSCI All China Consumer Staples Index ETF |
0.78% |
N/A |
KraneShares
MSCI All China Health Care Index ETF |
0.78% |
0.14% |
KraneShares
MSCI All China Index ETF |
0.68% |
0.20% |
KraneShares
MSCI China A Hedged Index ETF |
0.78% |
N/A |
KraneShares
MSCI China Clean Technology Index ETF (formerly, KraneShares MSCI China
Environment Index ETF) |
0.78% |
N/A |
KraneShares
MSCI China ESG Leaders Index ETF |
0.58% |
N/A |
KraneShares
MSCI Emerging Markets ex China Index ETF |
0.58% |
0.35% |
KraneShares
MSCI One Belt One Road Index ETF |
0.78% |
N/A |
KraneShares
SSE STAR Market 50 Index ETF |
0.88% |
N/A |
KraneShares
Bosera MSCI China A Share ETF |
0.58% |
KraneShares
Asia Pacific High Yield Bond ETF (formerly, KraneShares CCBS China
Corporate High Yield Bond USD Index ETF) |
0.68% |
KraneShares
CICC China 5G & Semiconductor Index ETF (formerly, Krane Shares CICC
China 5G and Technology Leaders Index ETF) |
0.64% |
KraneShares
CICC China Consumer Leaders Index ETF |
0.68% |
KraneShares
CICC China Leaders 100 Index ETF |
0.68% |
KraneShares
CSI China Internet ETF |
0.68% |
KraneShares
Bloomberg Barclays China Bond Inclusion Index ETF ( formerly, KraneShares
E Fund China Commercial Paper ETF) |
0.56% |
KraneShares
Electric Vehicles and Future Mobility Index ETF |
0.68% |
KraneShares
Emerging Markets Consumer Technology Index ETF |
0.58% |
KraneShares
Emerging Markets Healthcare Index ETF |
0.78% |
KraneShares
Global Carbon ETF |
0.78% |
KraneShares
MSCI All China Health Care Index ETF |
0.64% |
KraneShares
MSCI All China Index ETF |
0.48% |
KraneShares
MSCI China Clean Technology Index ETF (formerly, KraneShares MSCI China
Environment Index ETF) |
0.78% |
KraneShares
MSCI China ESG Leaders Index ETF |
0.58% |
KraneShares
MSCI Emerging Markets ex China Index ETF |
0.30% |
KraneShares
MSCI One Belt One Road Index ETF |
0.78% |
KraneShares
SSE STAR Market 50 Index ETF |
0.88% |
Fund |
Dollar
Amount |
BPS |
KraneShares
CSI China Internet ETF |
$376,498 |
0.01% |
KraneShares
Electric Vehicles and Future Mobility Index ETF |
$12,383 |
0.02% |
KraneShares
Emerging Markets Consumer Technology Index ETF |
$1,107 |
0.00% |
KraneShares
Emerging Markets Healthcare Index ETF |
$402 |
0.01% |
KraneShares
MSCI All China Healthcare Index ETF |
$2,021 |
0.00% |
· |
Taking
the current market value of its total assets |
· |
Subtracting
any liabilities and withholdings (if any) |
· |
Dividing
that amount by the total number of shares owned by the
shareholders |
KraneShares Bosera MSCI
China A Share ETF |
2021 |
2020 |
2019 |
2018
(1) |
2017 |
Net
Asset Value, Beginning of Period ($) |
29.51 |
31.88 |
34.47 |
28.38 |
30.37 |
Net
Investment Income (Loss) ($)* |
0.30 |
0.47 |
0.60 |
0.21 |
(0.01) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
14.46 |
(2.34) |
(2.27) |
6.22 |
(0.67) |
Total
from Operations ($) |
14.76 |
(1.87) |
(1.67) |
6.43 |
(0.68) |
Distribution
from Net Investment Income ($) |
(0.30) |
(0.50) |
(0.52) |
(0.18) |
— |
Distribution
from Capital Gains ($) |
— |
— |
(0.40) |
(0.16) |
(0.85) |
Return
of Capital ($) |
— |
— |
— |
— |
(0.46) |
Total
from Distributions ($) |
(0.30) |
(0.50) |
(0.92) |
(0.34) |
(1.31) |
Net
Asset Value, End of Period ($) |
43.97 |
29.51 |
31.88 |
34.47 |
28.38 |
Total
Return (%)** |
50.00 |
(5.98) |
(4.01) |
22.68 |
(2.04) |
Net
Assets End of Period ($) (000) |
802,364 |
507,508 |
604,035 |
353,324 |
52,494 |
Ratio
of Expenses to Average Net Assets (%) |
0.59 |
0.59 |
0.60 |
0.60 |
0.72
(2) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.79 |
0.80 |
0.80 |
0.80 |
0.84
(2) |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
0.74 |
1.52 |
2.05 |
0.61 |
(0.04) |
Portfolio
Turnover (%) |
35 |
91 |
106 |
52 |
95 |
KraneShares CICC China
Leaders 100 Index ETF
(1) |
2021 |
2020 |
2019 |
2018
(2) |
2017 |
Net
Asset Value, Beginning of Period ($) |
25.03 |
28.00 |
33.88 |
34.06 |
28.02 |
Net
Investment Income ($)* |
0.80 |
0.06 |
0.66 |
0.24 |
0.21 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
6.41 |
(2.98) |
(2.09) |
7.22 |
6.54 |
Total
from Operations ($) |
7.21 |
(2.92) |
(1.43) |
7.46 |
6.75 |
Distribution
from Net Investment Income ($) |
(0.83) |
(0.05) |
(0.68) |
(0.30) |
(0.33) |
Distribution
from Capital Gains ($) |
— |
— |
(3.77) |
(7.34) |
— |
Return
of Capital ($) |
— |
— |
— |
— |
(0.38) |
Total
from Distributions ($) |
(0.83) |
(0.05) |
(4.45) |
(7.64) |
(0.71) |
Net
Asset Value, End of Period ($) |
31.41 |
25.03 |
28.00 |
33.88 |
34.06 |
Total
Return (%)** |
28.90 |
(10.45) |
(0.62) |
22.57 |
24.54 |
Net
Assets End of Period ($) (000) |
12,563 |
16,273 |
2,800 |
5,082 |
3,406 |
Ratio
of Expenses to Average Net Assets (%) |
0.69 |
0.69 |
0.70 |
0.71
(3) |
0.84 |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.69 |
0.69 |
0.70 |
0.71
(3) |
0.84 |
Ratio
of Net Investment Income to Average Net Assets (%) |
2.68 |
0.23 |
2.21 |
0.64 |
0.55 |
Portfolio
Turnover (%) |
143 |
126 |
181 |
105 |
86 |
KraneShares CSI China
Internet ETF |
2021 |
2020 |
2019 |
2018
(1) |
2017 |
Net
Asset Value, Beginning of Period ($) |
45.19 |
47.04 |
61.11 |
42.21 |
35.76 |
Net
Investment Income (Loss) ($)* |
(0.28) |
(0.02) |
0.10 |
(0.19) |
(0.27) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
30.90 |
(1.79) |
(12.90) |
19.43 |
7.13 |
Total
from Operations ($) |
30.62 |
(1.81) |
(12.80) |
19.24 |
6.86 |
Distribution
from Net Investment Income ($) |
(0.22) |
(0.04) |
(0.01) |
(0.34) |
(0.30) |
Distribution
from Capital Gains ($) |
— |
— |
(1.26) |
— |
— |
Return
of Capital ($) |
— |
— |
— |
— |
(0.11) |
Total
from Distributions ($) |
(0.22) |
(0.04) |
(1.27) |
(0.34) |
(0.41) |
Net
Asset Value, End of Period ($) |
75.59 |
45.19 |
47.04 |
61.11 |
42.21 |
Total
Return (%)** |
67.77 |
(3.85) |
(20.44) |
45.62 |
19.44 |
Net
Assets End of Period ($) (000) |
3,662,260 |
2,313,638 |
2,074,505 |
1,628,622 |
291,257 |
Ratio
of Expenses to Average Net Assets (%) |
0.70
(5) |
0.73
(4) |
0.75
(3) |
0.70
(2) |
0.81 |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.70
(5) |
0.73
(4) |
0.76
(3) |
0.70
(2) |
0.81 |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
(0.39) |
(0.05) |
0.20 |
(0.33) |
(0.72) |
Portfolio
Turnover (%) |
89 |
33 |
70 |
29 |
35 |
KraneShares Bloomberg
Barclays China Bond Inclusion Index ETF (formerly, KraneShares E Fund
China Commercial Paper ETF) |
2021 |
2020 |
2019 |
2018
(1) |
2017 |
Net
Asset Value, Beginning of Period ($) |
32.31 |
34.22 |
37.23 |
32.82 |
34.18 |
Net
Investment Income ($)* |
0.60 |
0.81 |
1.31 |
1.07 |
0.61 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
2.57 |
(1.75) |
(2.29) |
3.34 |
(1.96) |
Total
from Operations ($) |
3.17 |
(0.94) |
(0.98) |
4.41 |
(1.35) |
Distribution
from Net Investment Income ($) |
(0.81) |
— |
(1.95) |
— |
— |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
— |
Return
of Capital ($) |
— |
(0.97) |
(0.08) |
— |
(0.01) |
Total
from Distributions ($) |
(0.81) |
(0.97) |
(2.03) |
— |
(0.01) |
Net
Asset Value, End of Period ($) |
34.67 |
32.31 |
34.22 |
37.23 |
32.82 |
Total
Return (%)** |
9.91 |
(2.75) |
(2.52) |
13.44 |
(3.95)
(4) |
Net
Assets End of Period ($) (000) |
12,134 |
12,924 |
18,822 |
13,030 |
9,845 |
Ratio
of Expenses to Average Net Assets (%) |
0.57^ |
0.57^ |
0.58^ |
0.77^
(2)(3) |
0.95^ |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.69^ |
0.70^ |
0.70^ |
0.89^
(2)(3) |
1.07^ |
Ratio
of Net Investment Income to Average Net Assets (%) |
1.80^ |
2.46^ |
3.76^ |
3.10^ |
1.84^ |
Portfolio
Turnover (%) |
— |
— |
— |
— |
— |
KraneShares MSCI All China
Index ETF |
2021 |
2020 |
2019 |
2018
(1) |
2017 |
Net
Asset Value, Beginning of Period ($) |
23.53 |
25.48 |
26.96 |
22.56 |
21.66 |
Net
Investment Income ($)* |
0.22 |
0.36 |
0.18 |
0.45 |
0.37 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
11.06 |
(1.93) |
(1.23) |
4.28 |
1.88 |
Total
from Operations ($) |
11.28 |
(1.57) |
(1.05) |
4.73 |
2.25 |
Distribution
from Net Investment Income ($) |
(0.35) |
(0.38) |
(0.43) |
(0.33) |
(0.70) |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
(0.47) |
Return
of Capital ($) |
— |
— |
— |
— |
(0.18) |
Total
from Distributions ($) |
(0.35) |
(0.38) |
(0.43) |
(0.33) |
(1.35) |
Net
Asset Value, End of Period ($) |
34.46 |
23.53 |
25.48 |
26.96 |
22.56 |
Total
Return (%)** |
47.97 |
(6.30) |
(3.52) |
20.99 |
11.24 |
Net
Assets End of Period ($) (000) |
22,402 |
7,059 |
6,370 |
2,696 |
2,256 |
Ratio
of Expenses to Average Net Assets (%) |
0.49 |
0.49 |
0.67 |
0.63^
(2) |
0.37^ |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.69 |
0.69 |
0.69 |
0.72^
(2) |
0.73^ |
Ratio
of Net Investment Income to Average Net Assets (%) |
0.67 |
1.47 |
0.74 |
1.75^
(2) |
1.70^ |
Portfolio
Turnover (%) |
45 |
7 |
62 |
3 |
25 |
Kraneshares MSCI One Belt
One Road Index ETF |
2021 |
2020 |
2019 |
2018
(1)(3) |
Net
Asset Value, Beginning of Period ($) |
17.76 |
23.69 |
25.64 |
25.00 |
Net
Investment Income ($)* |
0.48 |
0.70 |
0.48 |
0.08 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
11.16 |
(5.58) |
(1.82) |
0.59
(5) |
Total
from Operations ($) |
11.64 |
(4.88) |
(1.34) |
0.67 |
Distribution
from Net Investment Income ($) |
(0.55) |
(1.05) |
(0.61) |
(0.03) |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
Return
of Capital ($) |
— |
— |
— |
— |
Total
from Distributions ($) |
(0.55) |
(1.05) |
(0.61) |
(0.03) |
Net
Asset Value, End of Period ($) |
28.85 |
17.76 |
23.69 |
25.64 |
Total
Return (%)** |
65.82 |
(21.78) |
(4.94) |
2.67 |
Net
Assets End of Period ($) (000) |
10,099 |
7,105 |
21,322 |
32,048 |
Ratio
of Expenses to Average Net Assets (%) |
0.79 |
0.80 |
0.79 |
0.79^†
(2)
(4) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.79 |
0.80 |
0.79 |
0.80^†
(2)
(4) |
Ratio
of Net Investment Income to Average Net Assets (%) |
2.07 |
3.03 |
2.05 |
0.52^†
(4) |
Portfolio
Turnover (%) |
39 |
30 |
72 |
1†† |
KraneShares Emerging
Markets Consumer Technology Index ETF |
2021 |
2020 |
2019 |
2018
(1)(2) |
Net
Asset Value, Beginning of Period ($) |
19.55 |
22.94 |
26.48 |
25.00 |
Net
Investment Income (Loss) ($)* |
0.11 |
0.10 |
(0.00) |
(0.03) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
13.14 |
(3.07) |
(3.54) |
1.51
(5) |
Total
from Operations ($) |
13.25 |
(2.97) |
(3.54) |
1.48 |
Distribution
from Net Investment Income ($) |
(0.74) |
(0.42) |
— |
— |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
Return
of Capital ($) |
— |
— |
— |
— |
Total
from Distributions ($) |
(0.74) |
(0.42) |
— |
— |
Net
Asset Value, End of Period ($) |
32.06 |
19.55 |
22.94 |
26.48 |
Total
Return (%)** |
67.85 |
(13.29) |
(13.37) |
5.92 |
Net
Assets End of Period ($) (000) |
110,604 |
22,485 |
28,680 |
23,828 |
Ratio
of Expenses to Average Net Assets (%) |
0.59 |
0.81 |
0.80 |
0.79†
(3)(4) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.79 |
0.81 |
0.80 |
0.79†
(3)(4) |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
0.36 |
0.46 |
(0.02) |
(0.23)†
(4) |
Portfolio
Turnover (%) |
112 |
56 |
119 |
—†† |
KraneShares MSCI China
Clean Technology Index ETF
(5) |
2021 |
2020 |
2019 |
2018
(1)(2) |
Net
Asset Value, Beginning of Period ($) |
16.60 |
20.28 |
23.86 |
25.00 |
Net
Investment Income (Loss) ($)* |
(0.28) |
0.70 |
0.39 |
(0.09) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
24.02 |
(3.29) |
(3.61) |
(1.05) |
Total
from Operations ($) |
23.74 |
(2.59) |
(3.22) |
(1.14) |
Distribution
from Net Investment Income ($) |
—
(6) |
(1.09) |
(0.36) |
— |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
Return
of Capital ($) |
— |
— |
— |
— |
Total
from Distributions ($) |
— |
(1.09) |
(0.36) |
— |
Net
Asset Value, End of Period ($) |
40.34 |
16.60 |
20.28 |
23.86 |
Total
Return (%)** |
143.03 |
(13.17) |
(13.28) |
(4.56) |
Net
Assets End of Period ($) (000) |
141,173 |
1,661 |
4,056 |
7,158 |
Ratio
of Expenses to Average Net Assets (%) |
0.78 |
0.79 |
0.79 |
0.78†
(3)(4) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.78 |
0.79 |
0.80 |
0.79†
(3)(4) |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
(0.65) |
3.81 |
1.92 |
(0.78)†
(4) |
Portfolio
Turnover (%) |
164 |
53 |
147 |
36†† |
KraneShares Electric
Vehicles and Future Mobility Index ETF |
2021 |
2020 |
2019 |
2018
(1)(2) |
Net
Asset Value, Beginning of Period ($) |
19.02 |
20.64 |
23.30 |
25.00 |
Net
Investment Income ($)* |
0.08 |
0.33 |
0.21 |
0.02 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
23.21 |
(1.51) |
(2.62) |
(1.72) |
Total
from Operations ($) |
23.29 |
(1.18) |
(2.41) |
(1.70) |
Distribution
from Net Investment Income ($) |
(0.06) |
(0.44) |
(0.25) |
— |
Distribution
from Capital Gains ($) |
— |
— |
— |
— |
Return
of Capital ($) |
— |
— |
— |
— |
Total
from Distributions ($) |
(0.06) |
(0.44) |
(0.25) |
— |
Net
Asset Value, End of Period ($) |
42.25 |
19.02 |
20.64 |
23.30 |
Total
Return (%)** |
122.46 |
(6.15) |
(10.19) |
(6.80) |
Net
Assets End of Period ($) (000) |
198,570 |
17,116 |
33,026 |
26,798 |
Ratio
of Expenses to Average Net Assets (%) |
0.70 |
0.72 |
0.70 |
0.70†
(3) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.70 |
0.72 |
0.70 |
0.70†
(3)
|
Ratio
of Net Investment Income to Average Net Assets (%) |
0.21 |
1.57 |
0.98 |
0.43†
(3) |
Portfolio
Turnover (%) |
81 |
53 |
74 |
18†† |
Kraneshares MSCI All China
Health Care Index ETF |
2021 |
2020 |
2019 |
2018
(1)(2) |
Net
Asset Value, Beginning of Period ($) |
23.78 |
22.29 |
26.65 |
25.00 |
Net
Investment Income (Loss) ($)* |
(0.09) |
0.07 |
0.02 |
(0.03) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
14.61 |
1.48 |
(4.30) |
1.68 |
Total
from Operations ($) |
14.52 |
1.55 |
(4.28) |
1.65 |
Distribution
from Net Investment Income ($) |
—
(4) |
(0.06) |
(0.04) |
— |
Distribution
from Capital Gains ($) |
— |
— |
(0.04) |
— |
Return
of Capital ($) |
— |
— |
— |
— |
Total
from Distributions ($) |
— |
(0.06) |
(0.08) |
— |
Net
Asset Value, End of Period ($) |
38.30 |
23.78 |
22.29 |
26.65 |
Total
Return (%)** |
61.06 |
6.95 |
(15.99) |
6.60 |
Net
Assets End of Period ($) (000) |
214,464 |
32,110 |
39,004 |
3,998 |
Ratio
of Expenses to Average Net Assets (%) |
0.65 |
0.69 |
0.79 |
0.82†
(3) |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.79 |
0.79 |
0.79 |
0.82†
(3)
|
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
(0.25) |
0.32 |
0.08 |
(0.82)†
(3) |
Portfolio
Turnover (%) |
45 |
101 |
71 |
—†† |
KraneShares Asia Pacific
High Yield Bond ETF (formerly, KraneShares CCBS China Corporate High Yield
Bond USD Index ETF) |
2021 |
2020 |
2019
(1)
|
Net
Asset Value, Beginning of Period ($) |
37.32 |
40.73 |
40.00 |
Net
Investment Income ($)* |
2.10 |
2.08 |
1.55 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
2.44 |
(3.49) |
0.67 |
Total
from Operations ($) |
4.54 |
(1.41) |
2.22 |
Distribution
from Net Investment Income ($) |
(2.58) |
(1.81) |
(1.31) |
Distribution
from Capital Gains ($) |
(0.14) |
(0.19) |
—
(2) |
Return
of Capital ($) |
— |
— |
(0.18) |
Total
from Distributions ($) |
(2.72) |
(2.00) |
(1.49) |
Net
Asset Value, End of Period ($) |
39.14 |
37.32 |
40.73 |
Total
Return (%)** |
12.32 |
(3.72) |
5.72 |
Net
Assets End of Period ($) (000) |
9,786 |
11,197 |
12,220 |
Ratio
of Expenses to Average Net Assets (%) |
0.69 |
0.70 |
0.69† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.69 |
0.70 |
0.69† |
Ratio
of Net Investment Income to Average Net Assets (%) |
5.32 |
5.12 |
5.13† |
Portfolio
Turnover (%) |
53 |
70 |
38†† |
KraneShares Emerging
Markets Healthcare Index ETF |
2021 |
2020 |
2019
(1)
|
Net
Asset Value, Beginning of Period ($) |
20.85 |
22.38 |
25.00 |
Net
Investment Income (Loss) ($)* |
(0.02) |
0.01 |
(0.04) |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
12.57 |
(1.16) |
(2.58) |
Total
from Operations ($) |
12.55 |
(1.15) |
(2.62) |
Distribution
from Net Investment Income ($) |
(0.01) |
(0.37) |
—
(2) |
Distribution
from Capital Gains ($) |
— |
— |
— |
Return
of Capital ($) |
— |
(0.01) |
— |
Total
from Distributions ($) |
(0.01) |
(0.38) |
— |
Net
Asset Value, End of Period ($) |
33.39 |
20.85 |
22.38 |
Total
Return (%)** |
60.18 |
(5.25) |
(10.47) |
Net
Assets End of Period ($) (000) |
5,009 |
1,043 |
4,476 |
Ratio
of Expenses to Average Net Assets (%) |
0.80 |
0.80 |
0.79† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.80 |
0.80 |
0.79† |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
(0.05) |
0.04 |
(0.34)† |
Portfolio
Turnover (%) |
73 |
61 |
57†† |
KraneShares MSCI Emerging
Markets ex China Index ETF |
2021 |
2020
(1)
|
Net
Asset Value, Beginning of Period ($) |
18.41 |
25.00 |
Net
Investment Income ($)* |
0.55 |
0.60 |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
12.53 |
(6.45) |
Total
from Operations ($) |
13.08 |
(5.85) |
Distribution
from Net Investment Income ($) |
(0.50) |
(0.74) |
Distribution
from Capital Gains ($) |
— |
— |
Return
of Capital ($) |
— |
— |
Total
from Distributions ($) |
(0.50) |
(0.74) |
Net
Asset Value, End of Period ($) |
30.99 |
18.41 |
Total
Return (%)** |
71.19 |
(24.31) |
Net
Assets End of Period ($) (000) |
30,991 |
1,841 |
Ratio
of Expenses to Average Net Assets (%) |
0.30 |
0.50† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.58 |
0.60† |
Ratio
of Net Investment Income to Average Net Assets (%) |
1.90 |
2.54† |
Portfolio
Turnover (%) |
19 |
5†† |
KraneShares MSCI China ESG
Leaders Index ETF |
2021
(1)
|
Net
Asset Value, Beginning of Period ($) |
25.00 |
Net
Investment Loss ($)* |
(0.07) |
Net
Realized and Unrealized Gain on Investments ($) |
7.32 |
Total
from Operations ($) |
7.25 |
Distribution
from Net Investment Income ($) |
— |
Distribution
from Capital Gains ($) |
(0.15) |
Return
of Capital ($) |
— |
Total
from Distributions ($) |
(0.15) |
Net
Asset Value, End of Period ($) |
32.10 |
Total
Return (%)** |
29.05 |
Net
Assets End of Period ($) (000) |
12,839 |
Ratio
of Expenses to Average Net Assets (%) |
0.58† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.58† |
Ratio
of Net Investment Loss to Average Net Assets (%) |
(0.35)† |
Portfolio
Turnover (%) |
30†† |
KraneShares Global Carbon
ETF |
2021
(1)(2) |
Net
Asset Value, Beginning of Period ($) |
20.00 |
Net
Investment Loss ($)* |
(0.12) |
Net
Realized and Unrealized Gain on Investments ($) |
8.51 |
Total
from Operations ($) |
8.39 |
Distribution
from Net Investment Income ($) |
— |
Distribution
from Capital Gains ($) |
— |
Return
of Capital ($) |
— |
Total
from Distributions ($) |
— |
Net
Asset Value, End of Period ($) |
28.39 |
Total
Return (%)** |
41.95 |
Net
Assets End of Period ($) (000) |
93,701 |
Ratio
of Expenses to Average Net Assets (%) |
0.78† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.78† |
Ratio
of Net Investment Loss to Average Net Assets (%) |
(0.72)† |
Portfolio
Turnover (%) |
0†† |
KraneShares CICC China 5G
& Semiconductor Index ETF |
2021
(1)
|
Net
Asset Value, Beginning of Period ($) |
25.00 |
Net
Investment Loss ($)* |
(0.06) |
Net
Realized and Unrealized Loss on Investments ($) |
(1.86) |
Total
from Operations ($) |
(1.92) |
Distribution
from Net Investment Income ($) |
— |
Distribution
from Capital Gains ($) |
— |
Return
of Capital ($) |
— |
Total
from Distributions ($) |
— |
Net
Asset Value, End of Period ($) |
23.08 |
Total
Return (%)** |
(7.68) |
Net
Assets End of Period ($) (000) |
118,880 |
Ratio
of Expenses to Average Net Assets (%) |
0.64† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.78† |
Ratio
of Net Investment Loss to Average Net Assets (%) |
(0.64)† |
Portfolio
Turnover (%) |
59†† |
KraneShares CICC China
Consumer Leaders Index ETF |
2021
(1)
|
Net
Asset Value, Beginning of Period ($) |
25.00 |
Net
Investment Loss ($)* |
(0.05) |
Net
Realized and Unrealized Gain on Investments ($) |
0.87 |
Total
from Operations ($) |
0.82 |
Distribution
from Net Investment Income ($) |
— |
Distribution
from Capital Gains ($) |
— |
Return
of Capital ($) |
— |
Total
from Distributions ($) |
— |
Net
Asset Value, End of Period ($) |
25.82 |
Total
Return (%)** |
3.28 |
Net
Assets End of Period ($) (000) |
54,219 |
Ratio
of Expenses to Average Net Assets (%) |
0.68† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.68† |
Ratio
of Net Investment Loss to Average Net Assets (%) |
(0.63)† |
Portfolio
Turnover (%) |
50†† |
KraneShares SSE STAR
Market 50 Index ETF |
2021
(1)
|
Net
Asset Value, Beginning of Period ($) |
25.00 |
Net
Investment Loss ($)* |
(0.03) |
Net
Realized and Unrealized Loss on Investments ($) |
(3.91) |
Total
from Operations ($) |
(3.94) |
Distribution
from Net Investment Income ($) |
— |
Distribution
from Capital Gains ($) |
— |
Return
of Capital ($) |
— |
Total
from Distributions ($) |
— |
Net
Asset Value, End of Period ($) |
21.06 |
Total
Return (%)** |
(15.76) |
Net
Assets End of Period ($) (000) |
93,722 |
Ratio
of Expenses to Average Net Assets (%) |
0.88† |
Ratio
of Expenses to Average Net Assets (Excluding Waivers) (%) |
0.88† |
Ratio
of Net Investment Loss to Average Net Assets (%) |
(0.88)† |
Portfolio
Turnover (%) |
12†† |