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KraneShares Trust - Quadratic Interest Rate Volatility and Inflation Hedge ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It is co-managed by Quadratic Capital Management LLC. The fund invests in fixed income markets of the United States. It invests directly, through other funds and through derivatives such as options to create its portfolio. The fund invests in U.S. Treasury Inflation-Protected Securities and in long options tied to the shape of the swap curve. The fund seeks to benchmark the performance of its portfolio against the Bloomberg US Treasury Inflation-Linked Bond Index. It employs proprietary research to create its portfolio. KraneShares Trust - Quadratic Interest Rate Volatility and Inflation Hedge ETF was formed on May 13, 2019 and is domiciled in the United States.