KRBN | KraneShares Global Carbon Strategy ETF

KRBN ISSUER

Krane Funds Advisors, LLC, the issuer of KRBN, endeavors to achieve its investment objective by maintaining exposure to carbon credit futures closely mirroring those within the Index. This index consists of futures contracts on emission allowances issued by diverse cap and trade regulatory frameworks aimed at reducing greenhouse gas emissions. By investing in emission allowances or carbon credits, companies are encouraged to mitigate emissions, thus contributing to climate change mitigation efforts. KRBN's portfolio, managed through a subsidiary, predominantly includes carbon credit futures linked to reputable cap and trade regimes like the European Union Emissions Trading System and the California Carbon Allowance. While striving to align with the Index, the fund may deviate by investing in carbon credit futures with different maturity dates or weighting strategies. Additionally, it may utilize other financial instruments such as debt instruments and futures contracts to achieve its investment goals. However, due to its use of CFTC-regulated futures and swaps, the fund is classified as a commodity pool under the Commodity Exchange Act. As a non-diversified fund, KRBN's concentration reflects that of the Index, especially in industries related to emission allowances.

KRBN DIVIDEND

As an exchange-traded fund (ETF) primarily focused on carbon credit futures, KRBN, issued by Krane Funds Advisors, LLC, typically does not offer dividends in the traditional sense. Unlike stocks, which may provide regular dividend payments to shareholders from company profits, KRBN's investment strategy revolves around capital appreciation through exposure to carbon credit futures linked to cap and trade regimes. Investors in KRBN may instead realize returns through changes in the fund's net asset value (NAV) as carbon credit markets fluctuate. While KRBN doesn't pay out dividends in the conventional sense, it offers potential for capital growth driven by the performance of the underlying carbon credit futures holdings.

KRBN TRACKING

KRBN, an ETF managed by Krane Funds Advisors, LLC, aims to closely track the performance of its underlying index, which consists of carbon credit futures tied to various cap and trade regulatory regimes. The fund employs a strategy designed to replicate the price movements of these futures contracts, allowing investors to gain exposure to the carbon credit market. Krane Funds Advisors employs a combination of investment techniques, including investing directly or indirectly in carbon credit futures contracts and other financial instruments consistent with its investment objective. While KRBN generally seeks to mirror the performance of its index, slight divergences may occur due to factors such as fees, expenses, and market conditions. Overall, the fund endeavors to provide investors with a reliable means of participating in the carbon credit market's potential growth while closely tracking the index's movements.

KRBN CORRELATION

KRBN, managed by Krane Funds Advisors, LLC, exhibits a correlation with the carbon credit futures market, as reflected by its underlying index. The fund's investment strategy aims to closely align with the performance of this market segment, which consists of futures contracts tied to emission allowances issued under various cap and trade regulatory frameworks. Consequently, KRBN's returns typically move in tandem with changes in the carbon credit market, providing investors with exposure to this specific asset class. While correlations may vary over time due to factors such as market dynamics and regulatory changes, KRBN aims to maintain a strong correlation with its underlying index to deliver returns reflective of the carbon credit futures market's performance. Investors seeking to diversify their portfolios with exposure to environmentally focused assets may find KRBN's correlation with the carbon credit market appealing.

KRBN SECTOR

KRBN, managed by Krane Funds Advisors, LLC, operates within the niche sector of environmental finance, specifically focusing on carbon credit futures. Unlike traditional sectors such as technology or healthcare, KRBN's investment mandate centers on assets tied to emission allowances issued under cap and trade regulatory regimes worldwide. As climate change mitigation efforts intensify globally, the demand for carbon credits and related financial instruments is expected to grow, making KRBN's sector increasingly relevant. By offering exposure to the carbon credit market, KRBN provides investors with a unique opportunity to align their portfolios with environmental sustainability goals while potentially benefiting from the growth of this emerging sector. As such, KRBN occupies a distinctive space within the broader financial market landscape, catering to investors interested in sustainable investing and environmental stewardship.

KRBN EXPOSURE

KRBN, managed by Krane Funds Advisors, LLC, offers investors exposure to the burgeoning carbon credit futures market, providing a vehicle for participation in environmental finance. Through its investment strategy, KRBN seeks to replicate the performance of its underlying index, which comprises liquid carbon credit futures tied to emission allowances issued by diverse cap and trade regulatory regimes worldwide. By investing in carbon credit futures contracts, KRBN grants investors access to a specialized asset class aimed at mitigating greenhouse gas emissions and combating climate change. This exposure allows investors to align their portfolios with environmental sustainability objectives while potentially benefiting from the anticipated growth of the carbon credit market. As a result, KRBN serves as a unique investment opportunity for those seeking to incorporate environmental considerations into their investment decisions and capitalize on the increasing importance of climate-related financial instruments.