Asset Management One Launches Multi-Asset Fund to Support Sophisticated Asset Management for School Corporations

Asset Management One Co., Ltd. (Chiyoda-ku, Tokyo; President: Noriyuki Sugihara; hereinafter 'Asset Management One'), in collaboration with Mizuho Securities Co., Ltd. (President: Yoshiro Hamamoto; hereinafter 'Mizuho Securities'), is pleased to announce the establishment of the 'Hybrid Strategy Multi-Asset Fund (Private Placement for General Investors/Restricted for Resale to Qualified Institutional Investors)' (hereinafter 'the Fund'), a multi-asset fund primarily for school corporation clients. In recent years, with the publication of the Asset Owner Principles and other factors, school corporations are increasingly required to enhance the sophistication of their asset management. However, due to certain constraints in securing specialized personnel and establishing an operational framework, there is a growing need to utilize external expertise. In light of this situation, Asset Management One, in partnership with Mizuho Securities, has designed and established this Fund as a solution to support the advancement of asset management for our school corporation clients. - Overview of the Fund The Fund is a multi-asset fund that diversifies investments across multiple assets, including stocks, bonds, commodities, and alternative assets. It aims to both secure profit opportunities in an inflationary environment and achieve stable operation with an emphasis on downside protection, through dynamic asset allocation according to market conditions. By combining model analysis with the judgment of fund managers, the Fund aims to contribute to the long-term asset formation of school corporations. - Future Initiatives Asset Management One will continue to strive to provide investment solutions that meet the diverse needs of asset owners, including our school corporation clients. [Risks and Costs Associated with Investment Trusts] ● Risks of Investment Trusts Investment trusts invest in securities with fluctuating values such as stocks, bonds, and real estate investment trusts (REITs) (foreign currency-denominated assets also have exchange rate risks). Therefore, the net asset value fluctuates due to changes in market conditions, the credit status of the issuers of the securities held, and other factors. For this reason, investors' principal is not guaranteed, and they may incur losses and fall below their principal investment due to a decline in the net asset value. All profits and losses from the fund's operation belong to the investors. Also, investment trusts are different from bank deposits. ● Costs of Investment Trusts [Investors will bear the following costs.] ■ Costs directly borne by the customer Purchase fee: Up to 3.85% (tax included). Redemption fee: Cannot be shown in advance as it may vary depending on the redemption price level, etc. Trust property reserved amount: Up to 0.5%. ■ Costs indirectly borne by the customer from the trust property Management fee (trust fee): Up to 2.463% per annum (tax included). *The above shows the basic rate structure. For funds that adopt a performance fee, the total cost may exceed the above limit due to the addition of the performance fee. The performance fee amount varies depending on the net asset value level, etc., so the maximum amount cannot be shown in advance. Other fees and commissions: There are other costs borne depending on the holding period, etc. Please check the investment trust prospectus. These other fees cannot be displayed in advance as they are reviewed periodically or vary depending on trading conditions. *The total amount of fees, etc., varies depending on the purchase amount and holding period, so it cannot be displayed in advance. *The risks and cost items described above assume a general investment trust. The fee rates listed are the highest rates for each fee charged among all investment trusts managed by Asset Management One Co., Ltd. *Investment trusts differ in risks, nature, and costs because each has different types of investment assets, investment restrictions, trading markets, and target countries. When applying for an investment trust, please be sure to receive the investment trust prospectus from the sales company in advance or at the same time, read it carefully, and make your own investment decisions. *Tax-included fees may change if the tax law is revised. [Important Notices] ● This document was prepared by Asset Management One Co., Ltd. ● This document is for informational purposes only and is not intended as an investment solicitation to investors. ● The content of this document is current as of the date of creation (May 18, 2026) and is subject to change without notice. ● Investment trusts are: 1. Not deposits or insurance contracts. They are not protected by the Deposit Insurance Corporation or the Policyholders Protection Corporation of Japan. In addition, they are not covered by the Investor Protection Fund unless purchased through a securities company. 2. Not guaranteed for principal or yield on the purchase amount. 3. The value of the invested assets may decrease and fall below the purchase amount, and any resulting loss is borne by the purchaser. [About Asset Management One] Asset Management One, launched in October 2016, is one of Japan's leading asset management companies with approximately 80 trillion yen in assets under management (*) across both its 'investment advisory' and 'investment trust' businesses. Combining the asset management expertise it has cultivated, Asset Management One aims to provide the highest level of solutions for the diverse investment needs of individual and institutional investors. The company operates under the corporate message 'Nurturing the future with the power of investment,' supported by a global investment research structure, offering active management of traditional assets and cutting-edge investment strategies utilizing financial engineering. *Assets under management as of the end of December 2025. Official HP: https://www.am-one.co.jp/ Company Name/ Asset Management One Co., Ltd. Financial Instruments Business Operator Kanto Local Finance Bureau (Kinsho) No. 324 Member Association/ The Investment Trusts Association, Japan