United States

NAV Memo

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KFA”) announces that the net asset value per share (NAV) of KraneShares China Innovation ETF (“KGRO”) as of Friday Nov. 17, 2023 was $13.86. This value differs from the originally posted NAV of $10.65.

The NAV adjustment was a result of an error in calculating the NAV.

For more information about the Funds available in the US, visit: https://kraneshares.com/.

Important Notes

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting www.kraneshares.com. Read the prospectus carefully before investing.

Risk Disclosures:

Investing involves risk, including possible loss of principal.

The KraneShares ETFs are distributed by SEI Investments Distribution Company (SIDCO), which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Fund.

Joseph Dube

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