Securities Report (Domestic Investment Trust Beneficiary Certificates) - 34th Period (2025/10/28 - 2026/04/27)

Daiwa Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 34th Period (2025/10/28 - 2026/04/27)

This securities report has been prepared by Daiwa Asset Management Co., Ltd. in accordance with Article 24-5 of the Financial Instruments and Exchange Act, regarding domestic investment trust beneficiary securities. The reporting period covers the 34th fiscal term from October 28, 2025, to April 27, 2026, and includes information essential for investment decisions, such as investment performance, asset composition, income calculations, risk factors, and management analysis.

The investment trust primarily allocates assets to domestic equities and bonds, aiming for stable returns and risk diversification. This report details investment performance, portfolio allocation ratios, fee structures, trust remuneration, and opinions from supervisory bodies.

The report also discusses the potential impact of changing market conditions and global economic trends on future operations, enhancing transparency for investors. It will be submitted to the Financial Services Agency and made publicly available via the company's official website.

Investors should note that investment trusts are not principal-protected products and may result in losses due to market fluctuations. Past performance does not guarantee future results. The contents of this report do not constitute a guarantee of future performance, and all investment decisions must be made at the investor's own discretion and risk.

For inquiries regarding this report, please contact the Customer Inquiry Desk at Daiwa Asset Management Co., Ltd.