KraneShares China Internet and Covered Call Strategy ETF

ARCA

2023

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280 Park Avenue,32nd Floor,New York,New York,United States

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10017

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The fund invests 80% of its net assets in the component securities of the CSI Overseas China Internet Index or in instruments that have economic characteristics similar to those in the index and writes covered call options on the index or in instruments that have economic characteristics similar to writing covered call options on the index. Currently, the adviser intends to invest in KraneShares CSI China Internet ETF (“Underlying Fund”) and to write (sell) covered call options on the underlying fund. The fund is non-diversified.