Unitree G1 Ultimate Humanoid Robot Demo and Market Overview

Overview

Performance

Distributions

Growth of $10,000

Holdings

Fund Documents

Overview

Investment Strategy:

The KraneShares Global Carbon Strategy ETF (KRBN) is benchmarked to the S&P Global Carbon Credit Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing.

Distinct from the project-based carbon offset market, compliance cap-and-trade is a government mandated & regulated, transparent, liquid market valued at nearly a trillion in 2023.1 Cap-and-trade programs, also known as Emissions Trading Systems (ETS), are a market-based approach to regulating a region’s emissions, with mandatory participation for specified industries. Supply is managed by government agencies and adjusted primarily through an annually declining cap. 

Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA), the Regional Greenhouse Gas Initiative (RGGI), United Kingdom Allowances (UKA), and Washington State Carbon Allowances (WCA).

KRBN Features

  • Structurally designed for long-term price appreciation due to the markets’ increasing supply scarcity5, with low correlation to other major asset classes.
  • Provides potential impact by supporting price discovery and liquidity in carbon markets.
  • Counterbalance portfolio’s emissions exposure and energy transition/climate risk.

*Formerly the KraneShares Global Carbon ETF.
**Diversification does not ensure a profit or guarantee against a loss.

Premium Discount Chart

Daily Performance

Data as of 07/10/2025
Daily Net Asset Value (NAV) and Market Price
NAV $30.01
NAV Daily Change 0.40%
Market Price $29.89
Market Price Daily Change 0.10%
30 Day Median Bid/Ask Spread
0.77%

Performance History

Cumulative %
Data as of: 06/30/2025
Fund NAV Closing Price Underlying Index
1 Month 2.63% 3.27% 2.95%
3 Month 5.07% 5.21% 6.41%
6 Month 1.26% 1.30% 2.94%
YTD 1.26% 1.30% 2.94%
Since Inception 111.92% 111.83% 124.75%
Avg Annualized %
Data as of quarter end: 06/30/2025
Fund NAV Closing Price Underlying Index
1 Year -1.91% -1.80% 0.65%
3 Year -5.38% -5.04% -3.39%
Since Inception 16.48% 16.47% 17.88%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Distribution History

2025 Distributions
Ex-Date Record Date Payable Date Amount
03/27/2025 03/28/2025 03/31/2025 0.000000

Future calendar dates are subject to change. There is no guarantee that dividends will be paid. Past distributions are not indicative of future trends. This material is provided for educational purposes only and does not constitute investment advice.

Distributions are issued to brokers on the payable date, and are subject to broker payment schedules.

2024 Distributions
Ex-Date Record Date Payable Date Amount
03/26/2024 03/27/2024 03/28/2024 0.000000
06/27/2024 06/27/2024 06/28/2024 0.000000
09/27/2024 09/27/2024 09/30/2024 0.000000
12/17/2024 12/17/2024 12/18/2024 2.081890
2023 Distributions
Ex-Date Record Date Payable Date Amount
06/28/2023 06/29/2023 06/30/2023 1.641497
09/27/2023 09/28/2023 09/29/2023 0.000000
12/18/2023 12/19/2023 12/20/2023 1.130139
2022 Distributions
Ex-Date Record Date Payable Date Amount
12/28/2022 12/29/2022 12/30/2022 8.355256
2021 Distributions
Ex-Date Record Date Payable Date Amount
12/29/2021 12/30/2021 12/31/2021 0.247810

Growth of $10,000

Data as of 07/10/2025

The Growth of $10,000 chart reflects an initial investment of $10,000 on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of $10,000 chart since inception, the initial investment of $10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a $10,000 investment in the fund is hypothetical and for illustration purposes only. Fund performance data used in this chart is based on Fund NAV and represents past performance. Past performance does not guarantee future results.

Carbon Allowance Futures

Data as of 07/11/2025
Name Identifier Position Current Exposure ($) % NAV
European Union Allowance (EUA) 2025 Future MOZ25 Comdty 1,063 87,694,579 54.58%
California Carbon Allowance (CCA) Vintage 2025 Future BCYZ25 Comdty 1,150 32,706,000 20.35%
Regional Greenhouse Gas Initiative (RGGI) Vintage 2025 Future JELZ25 Comdty 386 8,434,100 5.25%
California Carbon Allowance (CCA) Vintage 2026 Future KBCZ26 Comdty 269 8,137,250 5.06%
Washington Carbon Allowance (WCA) Vintage 2025 Future WKCZ25 Comdty 131 8,056,500 5.01%
European Union Allowance (EUA) 2026 Future MOZ26 Comdty 94 7,958,091 4.95%
UK Allowance (UKA) 2025 Future UKEZ5 Comdty 112 7,186,430 4.47%
160,172,949 100%

Collateral and Currency Management

Data as of 07/11/2025
Name Identifier Position Current Exposure($) % NAV
KraneShares Sustainable Ultra Short Duration Index ETF 500767355 4,000,700 100,399,167 62.48%
STATE ST INST US GOV GVMXX 27,256,286 27,256,285 16.96%
EURO EUR 19,103,359 22,338,407 13.9%
BRITISH STERLING POUND GBP 5,263,532 7,108,655 4.42%
USD Cash & Equivalents** USD 3,583,587 3,583,587 2.23%
160,686,100 100%

Holdings, carbon allowance futures, and collateral are subject to change.
**Includes USD cash deposits & cash in margin accounts ($3,583,587)

Carbon Allowance Futures
Breakdown

Data as of: 07/11/2025
EUA 2025 Future 54.6%
CCA 2025 Future 20.4%
RGGI 2025 Future 5.2%
CCA 2026 Future 5.1%
WCA 2025 Future 5.0%
EUA 2026 Future 5.0%
UKA 2025 Future 4.5%

Currency Exposure
Breakdown

Data as of: 07/11/2025
EUR 13.9%
USD 81.7%
GBP 4.4%

Top 10 Holdings

Data as of 07/11/2025 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Type Shares Held Market Value($) Notional Value($)
1 KraneShares Sustainable Ultra Short Duration Index ETF​ 62.48% KCSH US5007673552 ETF 4,000,700 100,399,167 0
2 STATE ST INST US GOV 16.96% GVMXX Money Market 27,256,286 27,256,285 0
3 EURO 13.90% Currency 19,103,271 22,338,305 0
4 BRITISH STERLING POUND 2.24% Currency 2,670,821 3,607,073 0
5 Cash 2.23% Cash 3,583,587 3,583,587 0
6 BRITISH STERLING POUND 2.18% Currency 2,592,711 3,501,581 0
7 EURO 0.00% Currency 87 102 0
8 CA CARBON ALLOW 25DEC25 0.00% BCYZ25 Future 1,150 0 32,706,000
9 CCA VINTAGE 2026 DEC26 0.00% KBCZ26 Future 269 0 8,137,250
10 ECX EMISSION DEC25 0.00% MOZ25 Future 1,063 0 87,694,579

Holdings are subject to change.