Securities Report (Domestic Investment Trust Beneficiary Certificates) - 13th Period (2025/10/16 - 2026/04/15)

Sumitomo Mitsui DS Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 13th Period (2025/10/16 - 2026/04/15)

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 13th period from October 16, 2025, to April 15, 2026.

As the investment management company of this trust, Sumitomo Mitsui DS Asset Management Co., Ltd. discloses through this report the status of asset management, investment policies, risk factors, asset valuation, income distribution policies, and a detailed breakdown of fees. The content of this report is intended to support investors in making informed decisions and to enhance market transparency.

The report analyzes the investment performance for the period from the perspectives of market conditions and asset allocation, and discusses the impact of global and domestic equity and bond market trends on investment results. Going forward, the report outlines risk management strategies considering changes in monetary policy, economic trends, and foreign exchange rate movements.

The investment trust aims to reduce risk and pursue stable returns by diversifying investments across various domestic and international asset classes. Investment targets include equities, bonds, REITs, and infrastructure funds. The management company conducts flexible portfolio adjustments in response to market changes.

As part of investor disclosure, this report clearly presents the market value of trust assets, total net assets, net asset value per unit, dividend distribution records, and a breakdown of trust fees. It also includes a summary of the audit report and information on asset custody.

This report has been submitted to the Financial Services Agency and is also publicly available on the company's website, ensuring accessibility for investors and stakeholders. The report emphasizes that its contents do not guarantee future investment performance and reiterates that investments are subject to market price fluctuations.

Sumitomo Mitsui DS Asset Management Co., Ltd. will continue to strengthen compliance and governance, striving to maintain and improve an investment management framework that earns the trust of investors.