Securities Report (Domestic Investment Trust Beneficiary Securities) - 59th Period (2025/10/21 - 2026/04/20)

JPMorgan Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Securities) - 59th Period (2025/10/21 - 2026/04/20)

This securities report has been prepared in accordance with the Financial Instruments and Exchange Act, aiming to disclose information to investors of domestic investment trust beneficiary securities. The reporting period covers the 59th period from October 21, 2025, to April 20, 2026, and includes information on the investment trust’s operations, asset composition, profit calculations, risk factors, and the asset manager’s management policies during this period.

The investment trust is managed as a balanced fund primarily investing in domestic equities, bonds, and REITs, aiming for stable asset growth and consistent dividend distributions. During the reporting period, portfolio adjustments were made in response to global interest rate trends, exchange rate fluctuations, and stock market movements.

The net asset value reached approximately JPY 328 billion at the end of the reporting period, representing a 4.2% increase compared to the previous period. Monthly distributions were maintained, with an annualized distribution yield of approximately 2.1%. The fund achieved an outperformance of +0.8% against its benchmark index.

Key risk factors include the pace of future U.S. interest rate hikes, developments in Japan’s fiscal policy, and rising geopolitical tensions. Additionally, the report outlines a strategic plan to gradually increase ESG investments as part of its response to climate-related financial risks.

This report serves as a critical document enabling investors to understand the trust’s financial status and make informed investment decisions. Detailed financial statements and notes are attached as a separate volume. The full report is available for viewing and download via the Financial Services Agency’s EDINET system and the company’s official website.