Securities Report (Domestic Investment Trust Beneficiary Certificates) - 40th Period (2025/10/21 - 2026/04/20)

JPMorgan Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 40th Period (2025/10/21 - 2026/04/20)

This report has been prepared in accordance with the Financial Instruments and Exchange Act, aiming to disclose information regarding domestic investment trust beneficiary certificates to investors. The reporting period covers the 40th term from October 21, 2025, to April 20, 2026, and includes details on the fund's operations, financial performance, asset composition, risk factors, and future outlook.

The investment trust is managed as a balanced fund primarily investing in domestic equities, bonds, and REITs, with an investment policy focused on achieving stable returns and prudent risk management. During this period, the net asset value showed a slight increase compared to the previous period, driven by improved market conditions and effective portfolio adjustments.

JPMorgan Asset Management Co., Ltd., the fund manager, leverages a global research network and combines quantitative and qualitative analysis to deliver investment strategies that support long-term wealth accumulation. This report provides detailed disclosures on individual security performance, sector allocations, the impact of foreign exchange fluctuations, and a breakdown of trust fees.

Looking ahead, the company intends to maximize investor value through flexible asset allocation, while closely monitoring global interest rate trends, inflationary pressures, and geopolitical risks. With regard to risk management, the firm conducts regular monitoring and scenario analyses for market volatility, credit risk, and liquidity risk.

This report has been submitted to the Financial Services Agency and is publicly available to support informed investment decisions. Prospective investors are advised to carefully review the contents of this report and make investment decisions based on their own judgment.