KPHO – KraneShares Dragon Cptl Vtnm Gr Idx ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dragon Capital MerQube Vietnam Growth Index. Under normal circumstances, the fund invests at least 80% of its net assets in securities of the underlying index and other instruments that have economic characteristics similar to those in the underlying index. The index is designed to measure the performance of stocks and foreign exchange-traded funds that are listed on the Ho Chi Minh City Stock Exchange and available for investment by U.S. investors, notwithstanding foreign ownership limits. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KPHO	KraneShares Dragon Capital Vietnam Growth Index ETF	ETF	Open	—	—	Dec 4, 2025	$11.46M	1.020%	—	—	—

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