The chart illustrates the performance of a hypothetical $10,000 investment made in the KraneShares Zacks New China Index, S&P BMI China Index and FTSE China 50 Index as of the market open on 3/31/2016. Assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charges. This chart does not imply any future performance. You cannot invest directly in the Index.