Sparindex INDEX Japan Value KL Stock

Sparindex Japan Value Index (the Fund) is a Denmark-based investment fund. The Fund is engaged in making investments in Japanese value stocks. The Fund invests in the stocks included in the MSCI Japan Value index. As of December 31, 2011, it primarily invested in such sectors, as finance (26.89%), consumer goods (15.17%) and industry (17.12%), among others. As of June 20, 2012, its investment portfolio comprised Mitsubishi UFJ Financial (6.21%), Honda Motor (5.35%) and Mizuho Financial Group Inc (4.23%), among others. Sparindex Japan Value Index is a division of Investeringsforeningen Sparindex, a Denmark-based investment organization.