Nomura NEXT FUNDS Thai Stock SET50 ETF - JPY Stock

The Fund is an open-end type equity investment trust. Its benchmark is the SET50 Index. The Fund aims to track the performance of the benchmark index converted into Japanese yen by investing all, or substantially all of its assets, in stocks (including DRs) and Thai NVDR (Non-Voting Depositary Receipts) that are included or are due to be included in the SET50 Index. The SET50 Index includes the top 50 companies listed on the mainboard of The Stock Exchange of Thailand in terms of large market capitalization and high liquidity. The SET50 Index is calculated under a capitalization-weighted methodology. The composition of the index is reviewed every June and December. The SET50 Index is calculated with the inception base date of August 16, 1995 and with a base value set at 1,000.