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KraneShares Trust - KraneShares Sustainable Ultra Short Duration Index ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund invests in fixed income markets. It primarily invests in U.S. dollar denominated investment grade corporate debt securities that are rated BBB- to AAA by Moody’s or S&P. The fund invests in securities with maturities of up to one year. The fund invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index, by using representative sampling technique. The fund does not invest in securities of companies operating across controversial weapons research, gambling, tobacco, cannabis, firearms and weapons, adult entertainment, fossil fuel power generation, fossil fuel production, or thermal coal or genetic engineering sectors. KraneShares Trust - KraneShares Sustainable Ultra Short Duration Index ETF was formed on July 26, 2024 and is domiciled in the United States.