Contact us: +(1) 855 8KRANE8 info@kraneshares.com OBOR KraneShares MSCI One Belt One Road ETF Investment Strategy: The KraneShares MSCI One Belt One Road ETF (ticker: OBOR) seeks to provide investment results that track the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The Index aims to identify potential beneficiaries of the One Belt One Road initiative based on how their geography, revenue, and sector attributes align with the broad theme. OBOR seeks to capture the economic growth and monetize the potential upside for the companies involved in China’s One Belt One Road initiative. OBOR Initiative Facts: The One Belt One Road (OBOR) initiative, established by President Xi Jinping of China, is an extensive long-term infrastructure initiative modernizing the original Silk Road trading routes by land and by sea. China has signed cooperation agreements with over 140 countries and international organizations , which, including China, represent roughly 80% of the global population and 40% of global GDP . 1 2 The OBOR initiative could see upwards of $6 trillion in investment in the coming years and is poised to reshape global trade . 3 OBOR ETF Highlights: Includes countries who may benefit from the OBOR initiative, such as China, Russia, Singapore , Malaysia, Israel, and others. Includes sectors of primary focus to the OBOR initiative, such as industrials, utilities, materials, financials, and energy. Benchmarked to MSCI, a global leader in international indexing. 1.) “The Belt and Road Initiative: Country Profiles”, HKTDC.com as of 9/30/2020. 2.) Data from the World Bank as of 12/31/2019, retrieved 9/30/2020. 3.) “One Belt, One Road”: China's New Global Strategy, Journal of Contemporary East Asia Studies, 3/28/2017, retrieved 9/30/2020. Fund Details Data as of 11/30/2020 Primary Exchange NYSE CUSIP 500767868 ISIN US5007678684 Total Annual Fund Operating Expense 0.80% Inception Date 9/07/2017 Distribution Frequency Annual Index Name MSCI Global China Infrastructure Exposure Index Number of Holdings 130 Top 10 Holdings as of 11/30/2020 Holdings are subject to change. Ticker % OCBC BANK OCBC SP 5.52 IMPALA PLATINUM IMP SJ 4.96 CONTEMPORARY A-A 300750 C2 4.63 MMC NORILSK NICKEL PJSC GMKN RM 3.86 ROSNEFT OIL CO PJSC ROSN RM 3.45 KGHM POLSKA MIEDZ SA KGH PW 3.29 PTT GLOBAL CH-F PTTGC/F TB 2.57 JG SUMMIT HOLDINGS INC JGS PM 2.44 ANGLO AMERICAN P AMS SJ 2.29 CHINA YANGTZE-A 600900 C1 2.26 OBOR Performance History: Cumulative % Data as of month end: 11/30/2020 Average Annualized % Data as of month end: 11/30/2020 Average Annualized % Data as of quarter end: 09/30/2020 1 Mo 3 Mo 6 Mo Since Inception 1 Yr 3 Yr 5 Yr Since Inception 1 Yr 3 Yr 5 Yr Since Inception Fund NAV 13.70% 10.83% 24.16% 7.38% 10.35% 2.37% – 2.23% -0.44% -1.68% – -2.32% Closing Price 13.35% 11.98% 24.50% 7.67% 11.29% 2.40% – 2.31% 0.18% -2.04% – -2.38% Index 13.76% 10.68% 24.53% 12.66% 12.60% 3.83% – 3.76% 2.44% -0.24% – -0.75% 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 investors 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. For performance data current to the most recent month end, please visit www.kraneshares.com. Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. 

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OBOR Factsheet - November 2020.pdf

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