KBA — KraneShares Bosera MSCI China A ETF ☆

The investment seeks to provide investment results that, before fees and expenses, correspond to the price and yield performance of the MSCI China A Index (USD) (the "underlying index"). Under normal circumstances, the fund will invest at least 80% of its total assets in securities of the underlying index and depositary receipts representing such securities. The underlying index reflects the large- and mid-cap Chinese renminbi-denominated equity securities listed on the Shenzhen or Shanghai Stock Exchanges ("A Shares") that are accessible through the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect programs.