Securities Report (Domestic Investment Trust Beneficiary Certificates) - Period 2 (2025/11/11 - 2026/05/10)

Daiwa Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - Period 2 (2025/11/11 - 2026/05/10)

This securities report is filed by Daiwa Asset Management Co., Ltd. in accordance with Japan's Financial Instruments and Exchange Act. The subject securities are domestic investment trust beneficiary certificates. The reporting period covers the second period, from November 11, 2025, to May 10, 2026, a six-month duration.

The investment trust primarily targets investments in domestic equity and bond markets, aiming for stable asset management and the maximization of investor returns. This report provides detailed disclosures on investment strategies, performance, asset composition, risk factors, fee structures, and the status of trust assets during the reporting period.

Performance data includes net asset value trends, dividend distributions, and changes in total net assets, enabling investors to assess the trust's performance. The report also discusses the impact of changing market conditions and global economic developments on investment operations.

Regarding risk management, the report outlines measures addressing market risk, credit risk, liquidity risk, and foreign exchange risk. It also describes the current state of the risk management framework. Additionally, information on related parties such as the trust company, asset manager, and auditing firm is disclosed.

This report has been submitted to the Financial Services Agency and the Tokyo Stock Exchange, ensuring accessibility for general investors and stakeholders. Investors are encouraged to thoroughly review the report before making investment decisions.