iFreeETF
MSCI Japan ESG Select Leaders Index

1653

Monthly Fund Report

Open-ended Investment Trust／Domestic／Multi Asset／ETF／Index TypeTerm of Trust ： Unfinite
Fiscal Year End ： January and July - 10thas of date ： ：August 30, 2024

<NAV per unit ・ Total NAV>
(Inception date) 2017/09/25～2024/08/30

August 30, 2024

NAV（ Yen）
450,000¥348,444¥11.3

NAV per100units
Total NAV (bil.)

Total NAV(right axis)<Performance>
BenchmarkFund-2.3 %-2.2 %
1 Month-0.8 %-0.8 %
3 Months+4.8 %+5.0 %
6 Months+21.9 % +22.3 %1 Year
+50.4 % +51.4 %3 Years+107.1 % +109.2 %5 Years+18.8 % +19.1 %YTD

Since Inception +104.8 %+108.1 %400,000

NAV (reinvested)

350,000

Benchmark250,000

200

200,000

100

150,000
Inception Date

<Distributions>（per 100 units、before Taxes）
Total:(19/01)(19/07)(20/01)(20/07)(21/01)(21/07)(22/01)(22/07)(23/01)(23/07)(24/01)(24/07)400
300This fund aims to track the performance of theMSCI Japan ESG Select Leaders Total ReturnIndex.

1st～2nd
3rd
4th5th6th
7th
8th
9th
10th
11th
12th
13th
14th
Total Distribution

500

NAV

300,000<Investment Objective>

Fiscal Term （Year/month）

Total NAV
（100Mil. Yen）
600

Distribution¥3,510¥1,440¥1,950¥1,560¥2,130¥2,010¥1,880¥1,980¥3,130¥2,770¥6,060¥3,290¥4,020¥35,730

20/1/15

22/4/28024/8/9<Key Features>
1.
2.

The MSCI Japan ESG Select Leaders Total Return Index is designed to represent the performance ofcompanies that have high Environmental, Social and Governance (ESG) performance in Japan.
Listed on the Tokyo Stock Exchange and can be traded at market price intraday<Portfolio Allocation>
Asset Allocation
Asset
Number Weight
Domestic Stocks
237 96.9%
Stock Futures
12.6%
Reits, Preferred Securities
50.5%
Call Loan, Others
2.6%
Total
243
--Section Allocation
TSE Prime
96.9%
TSE Standard
0.0%
TSE Growth
0.0%
Others--Portfolio Holdings (Top10)
Issuer NameTOYOTA MOTORSONY GROUPHITACHIRECRUIT HOLDINGSSUMITOMO MITSUI FINANCIAL GROUPTOKYO ELECTRONDAIICHI SANKYOTOKIO MARINE HOLDINGSNKY400 futures
ITOCHU

Sector Allocation
TOPIX Sector
Electric Appliances
Transportation Equipment
Services
ChemicalsMachinery
Banks
Pharmaceutical
Information & Communication
Insurance
Others

Weight
22.5%
7.5%
5.9%
5.5%
5.4%
5.3%
4.8%
4.7%
4.7%
30.5%

TOPIX Sector
Transportation Equipment
Electric Appliances
Electric AppliancesServices
Banks
Electric Appliances
Pharmaceutical
Insurance--Wholesale Trade

Weight
7.0%
4.4%
4.1%
3.3%
3.0%
2.9%
2.8%
2.6%
2.6%
2.3%

* Fund performance assumes that dividends (before taxes) being reinvested in the fund, and is different from actual rate of return to investors.
* NAV value is calculated after deducting trust fees.
* In the graph, the value of MSCI Japan ESG Select Leaders Total Return Index is modified to match the fund NAV at the time of inception.
* Fund dividend is decided by the investment management company based on dividend policy. The amount of fund dividend is not guaranteed.
There may be no dividend payable in some circumstances.
* Performance and data above are based on past information and neither guarantee or promise future performance.
* In case there exists any open position of eligible futures for the fund, the total number of composition ratio by asset class is not shown.

Please refer to ”Warnings before handling this material”

Memorandum of The Fund
1653
Security CODE
1653 JP <Equity>
Bloomberg Ticker
1653 IV <Index>
iNAV Ticker
JP3048510006
ISIN CODE
10 units
Trade Lot
https://api.ebs.ihsmarkit.com/inav/getfile?filename=1653.csv
PCF File

Inception Date
Listing Date
Listed Market
Currency
Domicile
Management and Trustee Fee

September 25, 2017
September 26, 2017
Tokyo Stock Exchange
JPYJapan15.0 (bps , Excluding Taxes) (※）(※）Please refer to "Fee Structure" for detailed fund fees and expense.

Investment Risks

The Fund will invest in financial instruments whose prices fluctuate and as a result the NAV per unit of the Fund will also fluctuate. Therefore the invested amount will not be guaranteed and aloss of principal may be caused. All the gains and losses accrued to the trust assets will be attributable to the investors. Investment trusts are not deposits.
Major factors to cause fluctuation of NAV per unit:
1. Stock Price Volatility (Price Volatility Risks, Credit Risks): Stock price changes based on the political and economic conditions, operating results of the issuer, and market supply anddemand for the security. If the issuer becomes operationally distressed or goes bankrupt, all or part of invested amount might not be returned. If the price of stocks included in the trust assets
falls, the NAV per unit may fall below the invested amount. REITs Price Volatility (Price Volatility Risks, Credit Risks): The price of REITs will be affected by fluctuations due to market
conditions, yield and financial conditions of REITs, and changes in the regulations relating to REITs.
2. Other risks: When the trust assets of the Fund are invested in money market instruments such as call loans and/or certificates of deposit, losses may accrue due to default of the issuers ofsuch instruments (the Credit Risk). This may cause the NAV per unit to decline.
The performance of the NAV may not completely match that of the index. The factors to cause fluctuation of NAV per unit are not limited to those mentioned above.
Please read “Investment Risks” in the fund’s Prospectus describing in detail.

Fee Structure
Fees directly charged to customers
Subscription commissionDetermined by the Distributor.

Subscription Commission is a consideration for explanation of products, provision of product information and investment
information, and execution of application at the time of the subscription of the Fund.

Redemption FeeNilー

Exchange commission

Determined by the Distributor.

Exchange Commission is a consideration for administrative procedures for exchange of units of the Fund.

Fees indirectly charged during holding period
Management Fee(Trust Fee)

Other Expenses andBrokerage Commissions

Trust fee is calculated daily as sum of 1 and 2 as shown below during the holding period.
1. The amount obtained by multiplying the total net assets of the trust assets by the ratio up to 0.165% per annum (0.15% before tax).
2. The amount obtained by multiplying lending charges due to lending of stocks and REITs held in the trust assets by up to 55% (50% before tax).

(Note)●Commissions associated with securities transactions (including brokerage commissions on trade of securities,
fees for future transactions and option transactions) and auditing fees shall be charged to the trust assets.
●Fund Listing Expenses and Annual Fees for Use of Trademarks of the Index with tax levied on them can be borneby the unitholders, and can be paid from the trust assets.

(Note)As expenses for brokerage commissions on trade of securities, etc. shall vary depending on circumstances, specific rate of fees or the maximum amounts
thereof cannot be disclosed in advance.
※Please consult a distributor about details of the Subscription commission and Exchange commission.
※Total amount of fees, etc. varies depending on the holding period, etc. and cannot displayed. And REITs are traded on the market price, the expenses cannot be disclosed.
※Please see further details described under “Expenses and Taxes of the Fund” in the Prospectus.

Copyright of the index

THIS FUND IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY MSCI INC. (“MSCI”), ANY OF ITS AFFILIATES, ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD PARTY
INVOLVED IN, OR RELATED TO, COMPILING, COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY, THE “MSCI PARTIES”). THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OFMSCI. MSCI AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY DAIWA ASSETMANAGEMENT CO. LTD. NONE OF THE MSCI PARTIES MAKES ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHERPERSON OR ENTITY REGARDING THE ADVISABILITY OF INVESTING IN FUNDS GENERALLY OR IN THIS FUND PARTICULARLY OR THE ABILITY OF ANY MSCI INDEX TO TRACKCORRESPONDING STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE MARKS AND TRADE NAMES AND OF THE MSCIINDEXES WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY MSCI WITHOUT REGARD TO THIS FUND OR THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON ORENTITY. NONE OF THE MSCI PARTIES HAS ANY OBLIGATION TO TAKE THE NEEDS OF THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY INTO CONSIDERATION INDETERMINING, COMPOSING OR CALCULATING THE MSCI INDEXES. NONE OF THE MSCI PARTIES IS RESPONSIBLE FOR OR HAS PARTICIPATED IN THE DETERMINATION OF THE TIMING OF,PRICES AT, OR QUANTITIES OF THIS FUND TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY OR THE CONSIDERATION INTO WHICH THIS FUND ISREDEEMABLE. FURTHER, NONE OF THE MSCI PARTIES HAS ANY OBLIGATION OR LIABILITY TO THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY IN CONNECTIONWITH THE ADMINISTRATION, MARKETING OR OFFERING OF THIS FUND.
ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS RELIABLE, NONE OFTHE MSCI PARTIES WARRANTS OR GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE COMPLETENESS OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCIPARTIES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER OF THE FUND, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY, FROMTHE USE OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR INCONNECTION WITH ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, AND THEMSCI PARITES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY DATAINCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE,CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
NO PURCHASER, SELLER OR HOLDER OF THIS SECURITY, PRODUCT OR FUND, OR ANY OTHER PERSON OR ENTITY, SHOULD USE OR REFER TO ANY MSCI TRADE NAME, TRADEMARK ORSERVICE MARK TO SPONSOR, ENDORSE, MARKET OR PROMOTE THIS SECURITY WITHOUT FIRST CONTACTING MSCI TO DETAERMINE WHETHER MSCI’S PERMISSION IS REQUIRED. UNDERNO CIRCUMSTANCES MAY ANY PERSON OR ENTITY CLAIM ANY AFFILIATION WITH MSCI WITHOUT THE PRIOR WRITTERN PERMISSION OF MSCI.

Warnings before handling this material

This material was prepared by Daiwa Asset Management Co. Ltd. to provide information about its funds’ performance and other operation-related facts. Potential investors should refer to andread the prospectus of such fund product for more detailed information prior to their investment decision. Since investment trusts will invest in stocks whose prices fluctuate, the NAV of thisfund could possibly decline and cause a loss in investment. The investors’ principals thus are not guaranteed and the fund contains risk that the NAV may fall below its par value. All the gainsand losses accrued to the trust assets will be attributable to the investors. Investment trusts are different from deposits and insurance policies. Investment trusts are not protected by the Deposit
Insurance Corporation of Japan and Life Insurance Policyholders Protection of Japan. Investment trusts which are not purchased from securities companies are not protected by the Japan
Investor Protection Fund. The information, statements, forecasts and projections contained herein, including any expression of opinion, are based upon sources believed to be reliable, but theiraccuracy, correctness or completeness are not guaranteed. The performance of investments, if referred to herein, is based on past data and is neither necessarily an indication nor a guarantee offuture performance of investments. The performance data in this material does not consider any tax or fees if there were any, and will not provide a final return for potential investors. Daiwa
Asset Management Co. Ltd. made all reasonable efforts to ensure that the information contained herein is current, but it is subject to change without notice. The dividend amount is to bedetermined, based on the dividend distribution policy of such fund product, by the investment manager, who will not promise or guarantee any fixed amount of dividend before investment. In
some cases, the investment manager might decide to skip a dividend payment for the correspondent period due to performance reason.
Daiwa Asset Management Co. Ltd.
Director of Kanto Local Finance Bureau (Financial instruments firms) No. 352
Association Membership : The Investment Trusts Association, Japan
Japan Investment Advisers Association
Type II Financial Instruments Firms Association