Krane Shares Trust registered 3 new fund series on Form 485APOS, filed 2021-05-28. Featured series: KraneShares California Carbon ETF.
| Series | Class | Ticker | New |
|---|---|---|---|
| KraneShares California Carbon ETF | KraneShares California Carbon ETF | KCCA | Yes |
| KraneShares European Carbon ETF | KraneShares European Carbon ETF | KEUA | Yes |
| KraneShares Northeast US Carbon ETF | KraneShares Northeast US Carbon ETF | KRGI | Yes |
3. In the Prospectus for KCCA, the disclosure under the Investment Objective section is deleted in its entirety and replaced with the following: The KraneShares California Carbon Allowance Strategy ETF (the Fund) seeks to provide investment results that, before fees and expenses, track the performance of the S&P Carbon Credit CCA Index Excess Return (the Index), plus any returns from any available collateral. The Index is comprised of futures contracts on emission allowances issued by a cap and trade regulatory regime that seeks to reduce greenhouse gas emissions over time.