MILAN, ITALY, 13 October 2022 – Krane Funds Advisors, LLC ("KraneShares"), a global asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies, today announced the cross-listing of four euro-denominated KraneShares ETFs on the Borsa Italiana, part of the Euronext Group, including:

• KraneShares MSCI China A 50 Connect UCITS ETF (Ticker: KA50 IM)
  KA50 is a passively managed, UCITS ETF, that seeks to track the MSCI China A 50 Connect Index which consists of 50 large-cap Shanghai and Shenzhen listed stocks (A-shares) available through Stock Connect.
• KraneShares MSCI All China Health Care Index UCITS ETF (Ticker: KURE IM)
  KURE is a passively managed UCITS ETF that seeks to measure the performance of the MSCI China All Shares Health Care 10/40 Index which is designed to track the equity market performance of Chinese companies engaged in the healthcare sector.
• KraneShares MSCI China ESG Leaders UCITS ETF (Ticker: KESG IM)
  KESG is a passively managed UCITS ETF that seeks to measure the performance of the MSCI China ESG Leaders 10/40 Index which aims to provide exposure to Chinese companies with high Environmental, Social, and Governance (ESG) ratings relative to their sector peers. KESG has an Article 8 EU Sustainable Finance Disclosure Regulation (SFDR) Classification, meaning the fund promotes environmental or social characteristics and holds companies that follow good governance practices.
• KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF (Ticker KARS IM)
  KARS is a passively managed UCITS ETF that seeks to measure the performance of the Bloomberg Electric Vehicles ESG Screened Index. The Index consists of companies engaged in producing electric vehicles and their components or other initiatives that may change the future of mobility. KARS has an Article 8 SFDR classification.

These four funds joined the KraneShares CSI China Internet UCITS ETF (ticker: KWEB IM) and KraneShares ICBCCS SSE STAR Market 50 Index UCITS ETF (ticker: KSTR IM), which cross-listed on the Borsa Italiana last year.

“Through our first two cross-listed ETFs, KWEB and KSTR, we brought access to China’s leading internet platforms and domestic science and technology leaders to Italian investors,” said Dr. Xiaolin Chen, Head of International at KraneShares. “With our latest lineup of ETFs, we are expanding this offering to companies working to build a cleaner, healthier China, including companies in the electric vehicle and healthcare space. Our ETFs target the brightest growth areas of China’s economy.”

"By cross-listing these four ETFs on the Borsa Italiana, we are providing Italian investors even more opportunities to access China's leading stocks across industries powering the growth engine of China for decades to come," said Paolo Lurcotta, KraneShares Head of Italy.

“We are delighted to welcome four new ETF listings from KraneShares to ETFplus. This will provide additional options for investors looking to capture international investment opportunities. Since its launch in 2002,  ETFplus has been constantly growing and evolving both in terms of volumes traded as well as the breadth of its product offering. We continue to see a significant pipeline of new issuers and products. Asset managers from across the globe are looking to the Italian market as one of Europe’s brightest growth opportunities in the ETF space.” said Silvia Bosoni, Group Head of ETFs, Euronext. 

For more information about KA50, KURE, KESG, and KARS, visit kraneshares.eu or email [email protected].

About KraneShares

Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China-focused ETFs provides investors with solutions to capture China's importance as an essential element of a well-designed investment portfolio. We strive to deliver innovative, first-to-market strategies developed based on our strong partnerships and deep knowledge of investing. We help investors stay up to date on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC, is a signatory of the United Nations-supported Principles for Responsible Investing (UN PRI). The firm is majority owned by China International Capital Corporation (CICC).

In 2018, KraneShares established operations in the United Kingdom (UK) and Europe to better deliver its renowned China-focused ETFs to investors in the region. In addition to launching UK/Europe-specific versions of its most popular US-listed funds, KraneShares also develops strategies tailored to meet the specific needs of its UK/European clients.

KARS and KESG seeks to promote a combination of environmental and social characteristics, within the meaning of Article 8. Investors should refer to the “Sustainable Finance” section of the Prospectus for further details on how the Investment Manager addresses Sustainability Risk and ESG Integration for KARS and KESG. In line with the Index methodology, KARS and KESG promotes environmental characteristics but does not commit to making environmentally sustainable investments as defined in the Taxonomy Regulation.

These Funds may underperform other similar funds that do not consider conscious company/ESG guidelines when making investment decisions. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KARS and KESG is non-diversified.

This is a marketing communication. Please refer to the UCITS and to the KIID before making any final investment decision.

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