v3.26.1
Annual Fund Operating Expenses
Jul. 29, 2026
KraneShares 90% KWEB Defined Outcome January 2027 ETF | KraneShares 90% KWEB Defined Outcome January 2027 ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.25%
Distribution and Service (12b-1) Fees 0.00% [1]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.71% [2]
Expenses (as a percentage of Assets) 0.97%
KraneShares 100% KWEB Defined Outcome January 2027 ETF | KraneShares 100% KWEB Defined Outcome January 2027 ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.25%
Distribution and Service (12b-1) Fees 0.00% [3]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.74% [4]
Expenses (as a percentage of Assets) 1.00%
KraneShares Asia Pacific High Income USD Bond ETF | KraneShares Asia Pacific High Income USD Bond ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.68%
Distribution and Service (12b-1) Fees 0.00% [5]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.69%
KraneShares Bosera MSCI China A 50 Connect Index ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares Bosera MSCI China A 50 Connect Index ETF | KraneShares Bosera MSCI China A 50 Connect Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [6]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
Fee Waiver or Reimbursement (0.23%) [7]
Net Expenses (as a percentage of Assets) 0.56%
KraneShares California Carbon Allowance Strategy ETF | KraneShares California Carbon Allowance Strategy ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [8]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.16% [9]
Expenses (as a percentage of Assets) 0.95%
KraneShares China Alpha Index ETF | KraneShares China Alpha Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [10]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
KraneShares China Technology & Semiconductor STAR 50 Index ETF | KraneShares China Technology & Semiconductor STAR 50 Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.88%
Distribution and Service (12b-1) Fees 0.00% [11]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.89%
KraneShares CSI China Internet ETF | KraneShares CSI China Internet ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.68%
Distribution and Service (12b-1) Fees 0.00% [12]
Other Expenses (as a percentage of Assets): 0.01% [13]
Expenses (as a percentage of Assets) 0.69%
KraneShares Dragon Capital Growth of Vietnam Index ETF | KraneShares Dragon Capital Growth of Vietnam Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [14]
Other Expenses (as a percentage of Assets): 0.01% [15]
Acquired Fund Fees and Expenses 0.23% [16]
Expenses (as a percentage of Assets) 1.02%
KraneShares Electric Vehicles and Future Mobility Index ETF | KraneShares Electric Vehicles and Future Mobility Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.68%
Distribution and Service (12b-1) Fees 0.00% [17]
Other Expenses (as a percentage of Assets): 0.01% [18]
Expenses (as a percentage of Assets) 0.69%
KraneShares Global Carbon Strategy ETF | KraneShares Global Carbon Strategy ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [19]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.12% [20]
Expenses (as a percentage of Assets) 0.91%
KraneShares Global Humanoid Robotics and Physical AI Index ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares Global Humanoid Robotics and Physical AI Index ETF | KraneShares Global Humanoid Robotics and Physical AI Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [21]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
Fee Waiver or Reimbursement (0.10%) [22]
Net Expenses (as a percentage of Assets) 0.69%
KraneShares Hang Seng TECH Index ETF | KraneShares Hang Seng TECH Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.68%
Distribution and Service (12b-1) Fees 0.00% [23]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.69%
KraneShares Hedgeye Hedged Equity Index ETF | KraneShares Hedgeye Hedged Equity Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [24]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.09%
Expenses (as a percentage of Assets) 0.88%
KraneShares High-Bandwidth Memory ETF | KraneShares High-Bandwidth Memory ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.68%
Distribution and Service (12b-1) Fees 0.00% [25]
Other Expenses (as a percentage of Assets): 0.01% [26]
Expenses (as a percentage of Assets) 0.69%
KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF | KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [27]
Other Expenses (as a percentage of Assets): 0.01% [28]
Expenses (as a percentage of Assets) 0.79%
KraneShares KWEB Covered Call Strategy ETF | KraneShares KWEB Covered Call Strategy ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.25%
Distribution and Service (12b-1) Fees 0.00% [29]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.68% [30]
Expenses (as a percentage of Assets) 0.94%
KraneShares Man Buyout Beta Index ETF | KraneShares Man Buyout Beta Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.88%
Distribution and Service (12b-1) Fees 0.00% [31]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.89%
KraneShares Mount Lucas Managed Futures Index Strategy ETF | KraneShares Mount Lucas Managed Futures Index Strategy ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.89%
Distribution and Service (12b-1) Fees 0.00% [32]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.90%
KraneShares MSCI All China Health Care Index ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares MSCI All China Health Care Index ETF | KraneShares MSCI All China Health Care Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [33]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
Fee Waiver or Reimbursement (0.14%) [34]
Net Expenses (as a percentage of Assets) 0.65%
KraneShares MSCI China Clean Technology Index ETF | KraneShares MSCI China Clean Technology Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [35]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
KraneShares MSCI Emerging Markets ex China Index ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares MSCI Emerging Markets ex China Index ETF | KraneShares MSCI Emerging Markets ex China Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.58%
Distribution and Service (12b-1) Fees 0.00% [36]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.59%
Fee Waiver or Reimbursement (0.35%) [37]
Net Expenses (as a percentage of Assets) 0.24%
KraneShares MSCI One Belt One Road Index ETF | KraneShares MSCI One Belt One Road Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [38]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
KraneShares Public-Private AI & Technology ETF | KraneShares Public-Private AI & Technology ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99%
Distribution and Service (12b-1) Fees 0.00% [39]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 1.00%
KraneShares Public-Private Emerging Markets Internet and Technology ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares Public-Private Emerging Markets Internet and Technology ETF | KraneShares Public-Private Emerging Markets Internet and Technology ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.78%
Distribution and Service (12b-1) Fees 0.00% [40]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.79%
Fee Waiver or Reimbursement (0.30%) [41]
Net Expenses (as a percentage of Assets) 0.49%
KraneShares Sustainable Ultra Short Duration Index ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares Sustainable Ultra Short Duration Index ETF | KraneShares Sustainable Ultra Short Duration Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.29%
Distribution and Service (12b-1) Fees 0.00% [42]
Other Expenses (as a percentage of Assets): 0.01% [43]
Expenses (as a percentage of Assets) 0.30%
Fee Waiver or Reimbursement (0.10%) [43]
Net Expenses (as a percentage of Assets) 0.20%
KraneShares Value Line(R) Dynamic Dividend Equity Index ETF | KraneShares Value Line(R) Dynamic Dividend Equity Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.55%
Distribution and Service (12b-1) Fees 0.00% [44]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.56%
KraneShares Wahed Alternative Income Index ETF | KraneShares Wahed Alternative Income Index ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.50%
Distribution and Service (12b-1) Fees 0.00% [45]
Other Expenses (as a percentage of Assets): 0.01% [46]
Expenses (as a percentage of Assets) 0.51%
Quadratic Interest Rate Volatility and Inflation Hedge ETF | Quadratic Interest Rate Volatility and Inflation Hedge ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99%
Distribution and Service (12b-1) Fees 0.00% [47]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.02%
Expenses (as a percentage of Assets) 1.02%
Fee Waiver or Reimbursement (0.04%) [48]
Net Expenses (as a percentage of Assets) 0.98%
Quadratic Deflation ETF | Quadratic Deflation ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99%
Distribution and Service (12b-1) Fees 0.00% [49]
Other Expenses (as a percentage of Assets): 0.01%
Acquired Fund Fees and Expenses 0.02%
Expenses (as a percentage of Assets) 1.02%
KraneShares 2x Long BABA Daily ETF  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination August 1, 2028
KraneShares 2x Long BABA Daily ETF | KraneShares 2x Long BABA Daily ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00% [50]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 1.26% [51]
Fee Waiver or Reimbursement (0.27%) [52]
Net Expenses (as a percentage of Assets) 0.99%
KraneShares 2x Long BIDU Daily ETF | KraneShares 2x Long BIDU Daily ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00% [53]
Other Expenses (as a percentage of Assets): 0.00% [54]
Expenses (as a percentage of Assets) 1.25% [55]
KraneShares 2x Long JD Daily ETF | KraneShares 2x Long JD Daily ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00% [56]
Other Expenses (as a percentage of Assets): 0.00% [57]
Expenses (as a percentage of Assets) 1.25% [58]
KraneShares 2x Long MELI Daily ETF | KraneShares 2x Long MELI Daily ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00% [59]
Other Expenses (as a percentage of Assets): 0.01% [60]
Expenses (as a percentage of Assets) 1.26% [61]
KraneShares 2x Long PDD Daily ETF | KraneShares 2x Long PDD Daily ETF  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00% [62]
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 1.26% [63]
[1] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[2] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). In addition, “Acquired Fund Fees and Expenses” will not be reflected in the Fund’s Financial Statements in its shareholder report. Therefore, the amounts listed in “Total Annual Fund Operating Expenses” will differ from those presented in the Fund’s Financial Highlights.
[3] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[4] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). In addition, “Acquired Fund Fees and Expenses” will not be reflected in the Fund’s Financial Statements in its shareholder report. Therefore, the amounts listed in “Total Annual Fund Operating Expenses” will differ from those presented in the Fund’s Financial Highlights.
[5] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[6] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[7] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.23% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[8] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[9] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). In addition, “Acquired Fund Fees and Expenses” will not be reflected in the Fund’s Financial Statements in its shareholder report. Therefore, the amounts listed in “Total Annual Fund Operating Expenses” and “Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement” will differ from those presented in the Fund’s Financial Highlights.
[10] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[11] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[12] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[13] Although the Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”) receives 10% of the net revenue generated by the Fund’s securities lending activities and such amount is included in “Other Expenses,” the Fund receives 90% of such net revenues. Please see the “Management” section of the Prospectus for more information.
[14] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[15] Based on estimated amounts for the current fiscal year.
[16] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). Based on estimated amounts for the current fiscal year.
[17] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[18] Although the Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”) receives 10% of the net revenue generated by the Fund’s securities lending activities and such amount is included in “Other Expenses,” the Fund receives 90% of such net revenues. Please see the “Management” section of the Prospectus for more information.
[19] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[20] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). In addition, “Acquired Fund Fees and Expenses” will not be reflected in the Fund’s Financial Statements in its shareholder report. Therefore, the amounts listed in “Total Annual Fund Operating Expenses” and “Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement” will differ from those presented in the Fund’s Financial Highlights.
[21] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[22] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.10% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[23] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[24] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[25] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[26] Based on estimated amounts for the current fiscal year.
[27] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[28] Based on estimated amounts for the current fiscal year.
[29] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[30] “Acquired Fund Fees and Expenses” are expenses incurred indirectly by the Fund through its ownership of shares of other investment companies (such as exchange-traded funds). They are not direct operating expenses paid by Fund shareholders and are not used to calculate the Fund’s net asset value (“NAV”). In addition, “Acquired Fund Fees and Expenses” will not be reflected in the Fund’s Financial Statements in its shareholder report. Therefore, the amounts listed in “Total Annual Fund Operating Expenses” will differ from those presented in the Fund’s Financial Highlights.
[31] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[32] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[33] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[34] Krane has contractually agreed to waive its management fee by 0.14% per year of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[35] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[36] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[37] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.35% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[38] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[39] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[40] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[41] Krane has contractually agreed to waive its management fee by 0.30% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[42] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[43] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.10% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[44] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[45] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[46] Based on estimated amounts for the current fiscal year.
[47] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[48] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.04% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board
[49] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[50] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[51] The cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, was 0.36% for the fiscal year ending March 31, 2026.
[52] The Fund’s investment adviser, Krane Funds Advisors, LLC (“Krane” or “Adviser”), has contractually agreed to waive its management fee by 0.27% of the Fund’s average daily net assets (“Fee Waiver”). The Fee Waiver will continue until August 1, 2028, and may only be terminated prior thereto by the Board.
[53] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[54] Based on estimated amounts for the current fiscal year.
[55] The cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets was 0.68% from Fund inception November 19, 2025, through the fiscal year ending March 31, 2026.
[56] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[57] Based on estimated amounts for the current fiscal year.
[58] The cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets was 0.35% from Fund inception October 14, 2025, through the fiscal year ending March 31, 2026.
[59] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[60] Based on estimated amounts for the current fiscal year.
[61] The cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, was 0.41% from Fund inception, June 11, 2025 through the fiscal year ending March 31, 2026.
[62] Pursuant to a Distribution Plan, the Fund may bear a Rule 12b-1 fee not to exceed 0.25% per year of the Fund’s average daily net assets. However, no such fee is currently paid by the Fund, and the Board of Trustees has not currently approved the commencement of any payments under the Distribution Plan.
[63] The cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, was 0.30% for the fiscal year ending March 31, 2026.