Securities Report (Domestic Investment Trust Beneficiary Certificates) - 65th Period (2025/04/22 - 2026/04/20)

Daiwa Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 65th Period (2025/04/22 - 2026/04/20)

This securities report is submitted by Daiwa Asset Management Co., Ltd. in accordance with the Financial Instruments and Exchange Act, aiming to disclose information regarding domestic investment trust beneficiary securities for the 65th period, from April 22, 2025, to April 20, 2026.

The report details the investment trust’s operational status, trust asset composition, performance, fee structure, risk factors, and compliance framework. It also includes the company’s outlook on current market and economic conditions, as well as future investment strategies.

The investment trusts covered in this report primarily consist of balanced funds and index-type funds, with portfolios including domestic equities, bonds, and REITs. To ensure transparency for investors, quantitative and qualitative information is disclosed, including asset breakdowns, valuation methods, liquidity risk, credit risk, and market risk.

Investment management is conducted in accordance with Daiwa Asset Management’s established investment policies. The report also outlines the firm’s risk management systems, internal controls, investment team structure, decision-making processes, and compliance mechanisms.

After submission to the Financial Services Agency, this report will be made publicly available to support informed investment decisions. Prospective investors are advised to fully understand the risks and cost structures detailed in the report.

Going forward, Daiwa Asset Management will continue its commitment to timely and appropriate disclosure to maintain investor trust.