Form DEFA14A Krane Shares Trust

September 24, 2026 4:43 PM EDT

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934

 

Filed by the Registrant ☒

 

Filed by a Party other than the Registrant ☐

 

Check the appropriate box:

 

☐ Preliminary Proxy Statement

 

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

 

☐ Definitive Proxy Statement

 

☒ Definitive Additional Materials

 

☐ Soliciting Material Pursuant to § 240.14a-12

 

KraneShares Trust

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

 

☒ No fee required.

 

☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 

 

  1) Title of each class of securities to which transaction applies:
     
     
     
  2) Aggregate number of securities to which transaction applies:
     
     
     
  3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
     
     
     
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  5) Total fee paid:
     
     

 

☐ Fee paid previously with preliminary materials.

 

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

  1) Amount Previously Paid:
     
     
     
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Krane Funds Advisors, LLC

280 Park Avenue
32nd Floor
New York, NY 10017

 

 

Dear BNDD Shareholder,

 

We are writing to ask personally for a few minutes of your time to cast your proxy vote.

 

We are asking you to vote in favor of 2 proposals. The KraneShares board’s unanimous recommendation is also to vote in favor of both proposals:

 

(1) to keep Krane as the Investment Advisor

 

(2) to keep Quadratic as the Sub-Advisor for BNDD.

 

KraneShares is undergoing a change in ownership, whereby management, which founded the firm in 2013, and other officers and employees will acquire a controlling ownership interest in the firm. This change in Krane’s ownership is what has necessitated the proxy vote. In order to continue to manage the fund, we need the majority of shareholders who owned shares as of June 30, 2026, to cast their vote in favor of both proposals.

 

These proposals have been carefully reviewed and unanimously approved by the KraneShares Board of Trustees. ISS and Glass Lewis, the leading proxy voting advisory firms, have also both recommended voting in favor of the change of control.

 

Your participation matters, and we need your support to finalize the change. Please vote your shares at your earliest convenience so we can meet the requirements and continue serving you and your fund.

 

Along with this letter, you will find your personalized Voting Instruction Form (VIF), which contains your control number. Using your control number, you can cast your ballot online at proxyvote.com, or you can vote by mail using the Proxy Ballot included on the form.

 

If you have any questions, please contact us at +1-203-340-2943 or e-mail Nancy personally at nancy.davis@quadraticllc.com.

 

Sincerely,

 

Jonathan Krane

Chief Executive Officer

KraneShares

 

Nancy Davis

Portfolio Manager for the BNDD ETF

Quadratic Capital Management

 

 



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