Krane Shares

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    Funds Group: Krane Shares
    Management Company: Krane Funds Advisors, LLC
    Funds Affected: KraneShares MSCI China Environment Index ETF
    Principal Sustainable Investment Strategy: Thematic Investing-Environmental
    Summary:
    The fund seeks to replicate the performance of the MSCI China IMI Environment 25/50 Index which is designed to track the equity market performance of Chinese companies that derive at least a majority of their revenues from environmentally beneficial products and services, as determined by MSCI Inc., the provider of the index. The index is intended to provide exposure to Chinese issuers that focus on contributing to a more environmentally sustainable economy by making efficient use of scarce natural resources or by mitigating the impact of environmental degradation. The index aims to include companies with exposure to one or more of the following five themes: (1) alternative energy; (2) sustainable water; (3) green building; (4) pollution prevention; and (5) energy efficiency.