diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2a89b7f672..dee54d117f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,10 +1,41 @@
 ## Unreleased
+
+## 4.7.0 (January 17, 2024)
 - Fix JSON encoding of KubeVersion and Version on Chart resource (.NET SDK) (https://github.com/pulumi/pulumi-kubernetes/pull/2740)
 - Fix option propagation in component resources (Python SDK) (https://github.com/pulumi/pulumi-kubernetes/pull/2717)
 - Fix option propagation in component resources (.NET SDK) (https://github.com/pulumi/pulumi-kubernetes/pull/2720)
 - Fix option propagation in component resources (NodeJS SDK) (https://github.com/pulumi/pulumi-kubernetes/pull/2713)
 - Fix option propagation in component resources (Go SDK) (https://github.com/pulumi/pulumi-kubernetes/pull/2709)
 
+### Breaking Changes
+In previous versions of the pulumi-kubernetes .NET SDK, the `ConfigFile` and `ConfigGroup` component resources inadvertently assigned the wrong parent to the child resource(s). 
+This would happen when the component resource itself had a parent; the child would be assigned that same parent. This also had the effect of disregarding the component resource's provider in favor of the parent's provider.
+
+For example, here's a before/after look at the component hierarchy:
+
+Before:
+
+```
+├─ pkg:index:MyComponent            parent                                               
+│  ├─ kubernetes:core/v1:ConfigMap  cg-options-cg-options-cm-1                           
+│  ├─ kubernetes:yaml:ConfigFile    cg-options-testdata/options/configgroup/manifest.yaml
+│  ├─ kubernetes:core/v1:ConfigMap  cg-options-configgroup-cm-1                          
+│  ├─ kubernetes:yaml:ConfigFile    cg-options-testdata/options/configgroup/empty.yaml   
+│  └─ kubernetes:yaml:ConfigGroup   cg-options  
+```
+
+After:
+
+```
+└─ pkg:index:MyComponent                  parent                                               
+   └─ kubernetes:yaml:ConfigGroup         cg-options                                           
+      ├─ kubernetes:yaml:ConfigFile       cg-options-testdata/options/configgroup/manifest.yaml
+      │  └─ kubernetes:core/v1:ConfigMap  cg-options-configgroup-cm-1                          
+      └─ kubernetes:core/v1:ConfigMap     cg-options-cg-options-cm-1     
+```
+      
+This release addresses this issue and attempts to heal existing stacks using aliases. This is effective at avoiding a replacement except in the case where the child was created with the wrong provider. In this case, __Pulumi will suggest a replacement of the child resource(s), such that they use the correct provider__.
+
 ## 4.6.1 (December 14, 2023)
 - Fix: Refine URN lookup by using its core type for more accurate resource identification (https://github.com/pulumi/pulumi-kubernetes/issues/2719)
 
diff --git a/README.md b/README.md
index ba21e676c7..2db952b9bb 100644
--- a/README.md
+++ b/README.md
@@ -154,7 +154,7 @@ import * as k8s from "@pulumi/kubernetes";
 const cluster = new eks.Cluster("my-cluster");
 
 // Deploy Wordpress into our cluster.
-const wordpress = new k8s.helm.v2.Chart("wordpress", {
+const wordpress = new k8s.helm.v3.Chart("wordpress", {
     repo: "stable",
     chart: "wordpress",
     values: {