The KraneShares S&P Pan Asia Dividend Aristocrats Index ETF (KDIV) is designed to track the performance of the S&P Pan Asia Dividend Aristocrats Index. The fund allocates a substantial portion—at least 80% of its net assets—to securities comprising this benchmark index or to other investments that share similar economic attributes. The underlying index focuses on companies within the broader S&P Pan Asia BMI Index that have consistently increased their dividends every year for the past seven years.