Securities Report (Domestic Investment Trust Beneficiary Certificates) - 35th Period (2025/10/28 - 2026/04/27)

Daiwa Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 35th Period (2025/10/28 - 2026/04/27)

This securities report is prepared by Daiwa Asset Management Co., Ltd. in accordance with the Financial Instruments and Exchange Act, aiming to ensure investor protection and market transparency regarding domestic investment trust beneficiary certificates. The reporting period covers the 35th term, from October 28, 2025, to April 27, 2026, a six-month duration.

The report details the investment trust’s management policies, performance, asset composition, risk factors, fee structure, and status of trust assets. It also includes legally mandated disclosures such as information on directors, major shareholders, transactions with related parties, and the auditor’s opinion.

The investment trust primarily targets domestic bond and equity markets, adopting an investment strategy focused on stable returns and capital preservation. Investment assets are diversified across various financial instruments, including government bonds, municipal bonds, corporate bonds, and listed equities.

Performance data includes net asset value, dividend distributions, and benchmark price movements during the period. The report also discusses the potential impact of macroeconomic factors such as exchange rate fluctuations, interest rate trends, and economic conditions on future operations.

Regarding risk management, the report outlines measures for credit risk, liquidity risk, and market risk. It describes the company’s internal control systems and risk monitoring frameworks. Additionally, enhancements to compliance and regulatory adherence are addressed.

This report has been filed with the Financial Services Agency and is publicly available via EDINET (Electronic Disclosure for Investors' NETwork). Investors and stakeholders may access the full report through EDINET or the company’s official website.

Daiwa Asset Management Co., Ltd. will continue its commitment to timely and appropriate information disclosure to maintain investor trust.