KRANESHARES TRUST EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • July 28th, 2015 • Krane Shares Trust • Delaware
Contract Type FiledJuly 28th, 2015 Company JurisdictionTHIS EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of July 10, 2014, by and between KRANESHARES TRUST, a Delaware statutory trust (the “Trust”), on behalf of its series listed in Appendix A, as amended from time to time (each a “Fund”), and the investment adviser of the Funds, KRANE FUNDS ADVISORS, LLC (the “Adviser”).