The KraneShares Artificial Intelligence & Technology ETF (AGIX) seeks to replicate the returns of a specialized benchmark. This benchmark measures the stock performance of companies operating in developed nations that are involved in artificial intelligence. Its weighting methodology is based on market capitalization, though it is modified and takes into account only shares readily available for public trading (free-float adjusted). Under typical market conditions, the fund primarily allocates its capital to the assets included in this benchmark index. It's important to note that this fund maintains a concentrated, rather than diversified, investment portfolio.