NEW YORK, DEC. 1, 2015 – Krane Funds Advisors, the New York-based investment manager of KraneShares exchange-traded funds (ETFs), today announced that Mark Schlarbaum and Jonathan Shelon joined the company as managing partners.

“We believe investors need a greater strategic focus on China in their portfolios,” said Jonathan Krane, CEO of KraneShares. “Mark and Jonathan are industry veterans and bring a wealth of experience and success in helping investors realize their investment goals”.

Mark Schlarbaum has over 23 years of investment experience consisting of equity trading in both international and domestic markets as well as managing diversified investment portfolios for some of the largest advisory platforms in the U.S. He previously worked for T. Rowe Price for 7 years where he was responsible for trading over $40 billion of assets consisting of domestic and international equities, options and futures.

Jonathan Shelon has spent the majority of his career managing investment portfolios and diverse teams at leading asset management organizations. Most recently, he was the Chief Investment Officer of the 40-person Specialized Strategies Team at J.P. Morgan, overseeing $40 billion in assets. Prior to joining J.P. Morgan, Jonathan spent ten years as a portfolio manager at Fidelity Investments where he managed over $150 billion in assets for over five million shareholders in the Freedom Funds series.

“I joined KraneShares because I believe that the U.S. and China have the most important economic and political relationship of the 21st Century,” said Mark Schlarbaum. “As China’s prominence on the world stage expands, U.S. investors may need to increase their investment allocation to China. I believe KraneShares is the best China-focused platform in the market.”

Jonathan Shelon added, “China possesses the world’s second and third largest stock and bond markets. With rapidly increasing access, institutional and individual investors may capture these opportunities by using KraneShares’ transparent and cost-effective building blocks.”

About KraneShares

We are an asset management company focused on providing investors with strategies that capture China’s importance as an essential element of a well-designed investment portfolio. Our ETFs seek to deliver global investors with opportunities emphasizing the next-wave of China's development, while preparing them for major developments like the inclusion of China’s A-share market in global indexes, and the recognition of the renminbi as a reserve currency. For more information about our ETFs visit www.kraneshares.com.