WealthNavi Inc. announced the produce design of New "Robo-NISA," which will be launched in January 2024 in full alignment with New NISA. The New NISA program, which will start in January 2024, has "installment allowance" and "growth allowance" in one NISA account. In order to invest in "installment allowance," users have to make investment through recurring deposits.

New 'Robo-NISA" manages both "installment allowance" and 'growth allowance" within a New NISA account automatically. Users need to sign up for automated deposit plan to invest in "installment Allow." The annual management fee is 0% for "installment allowance" while the fees vary between 0.7-1%. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.

(0.77-1.1% including tax) for "growth allowance" depending on risk tolerance level. As a result, if investment is made only through automated deposits, the weighted average annual management fees of New NISA will be between 0.63-0.67% (0.693-0.737% including tax) depending on risk tolerance level. If users do not sign up for automated deposits or invest through combination of automated deposits and other deposits, the maximum fees of New NIS will be between 0.7-1% (0.77-1% including tax) depending on risks tolerance level.

Please note that the annual fees for taxable and existing NISA accounts remain unchanged at 1% (1.1% including tax). WealthNavi's research on specialist online operators (as of June 2023) which is based on the Japan Investment Advisers Association, "Contact Asset Status" - sections "Wrap Accounts" and "Discretionary Accounts" (as of March 2023). In addition, the loyalty program is available for users of direct service, which offers discounted fees depending on the period of service use and asset size.

With the program, the annual management fee for "growth allowance" comes down to 0.6-0.9% (0.66-0.99% including tax) and the weighted average annual management fees for New NISA account will be between 0.54-0.60% (0.594-0.0% including tax). WealthNav sets lower fee level for New NISA accounts to promote New NISA. The NewNISA program, which will start In January 2024, has "installation allowance" and "growth allowance") in one NISA account.

in order to invest in "installation allowance," users have to make investments through recurring deposits. New "Robo-NSA" manages both "installment Allow" and "growth allowance" within a NewNISA account automatically. Users need To sign up for automated deposit plan To sign up for automated deposit plans to invest in "installment allowances." The annual management fee is 0% for "installment allowance " while the fees vary between 0.,7-1%.

In the events of any discrepancy between the Japanese Original and this English translation, the Japan original shall prevail. (0.,77-1.1%including tax) for "growth allowance") depending on risk tolerance level.