New York, NY – July 26^th, 2024 – Krane Funds Advisors, LLC ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs), today announced the launch of the KraneShares Sustainable Ultra Short Duration Index ETF (Ticker: KCSH) on the New York Stock Exchange (NYSE).

KCSH tracks the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index, which is designed to measure the performance of US dollar-denominated, investment-grade corporate debt with a maturity of up to one year with a concentration on socially and climate conscious companies. The Index uses screening criteria based on Institutional Shareholder Services (ISS) climate analysis and carbon emissions thresholds to align with the Paris Agreement's 1.5°C scenario by 2050 while providing a distribution of credit and interest rate risk that is similar to commonly used ultra-short duration, investment grade bond benchmarks.

"With investors looking to diversify their equities, and with few incentives to extend duration, KCSH seeks to maximize current income through ultra-short duration, investment grade bonds,"* said KraneShares Head of Climate Investments Luke Oliver. "As with the rest of KraneShares climate-focused suite of ETFs, KCSH can offer compelling potential returns while supporting the decarbonization of the global economy."

"KCSH can help deliver attractive yield potential through ultra-short duration investment grade fixed income exposure," said KraneShares COO Jonathan Shelon. "KCSH combines KraneShares' ETF and climate investing expertise with Solactive’s indexing capabilities, expanding our offering of sophisticated and innovative strategies with sustainable impact to our clients."

"We are delighted to extend our partnership with KraneShares into the area of 'green cash’ investments. This index adheres to strict screening criteria and provides a powerful tool to invest in short-term bonds while ensuring the sustainability of the underlying assets," said Solactive Chief Markets Officer Timo Pfeiffer. “With this launch, we believe we are setting an important milestone in the sustainable investing fixed income indexing space."

For more information on the KraneShares Sustainable Ultra Short Duration Index ETF (Ticker: KCSH), please visit https://kraneshares.com/kcsh or consult your financial advisor.

*Diversification does not ensure a profit or guarantee against a loss.

About KraneShares

KraneShares is a specialist investment manager focused on China, Climate, and Uncorrelated Assets. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners' deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

About Solactive

Solactive is a leading provider of indexing, benchmarking, and calculation solutions for the global investment and trading community. Headquartered in Frankfurt and, with offices in Hong Kong, Toronto, Berlin, Dresden, and Amsterdam, we innovate and disrupt the status quo as the partner of choice for our clients.

The unique blend of our 300 staff’s expertise in data, data science, financial markets, and technology enables our clients’ continued success through the delivery of a superior experience, unique customization capabilities, and the best value for money available in the industry. With more than 30,000 indices calculated daily, we offer a full suite of solutions, including market-leading ESG and thematic indices.

As at January 2024, Solactive served approximately 500 clients across the world, with approximately US$300 billion invested in products linked to our indices. Solactive is registered with ESMA as a benchmark administrator and is supervised by the BaFin.