Press Release
4 June 2021
Sumitomo Mitsui Trust Asset Management Co., Ltd.

Announcing the Listing of
SMT ETF Carbon Efficient Index Japan Equity (TSE stock code: 2642)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (Representative Director
and President: Yoshio Hishida; hereinafter "SuMi TRUST") is pleased toannounce the SMT ETF Carbon Efficient Index Japan Equity (TSE stock code:2642) (hereinafter, “the ETF”) will be listed on the Tokyo Stock Exchange on June23, 2021.
The ETF is based on the Tokyo Stock Price Index (TOPIX) constituents as its
universe, with the similar risk/return characteristics as TOPIX, but with a 19%
improvement in carbon efficiency (carbon emissions per unit of revenue) (as ofMarch 31, 2021*). It can be expected to be useful as a tool for forming new core
Japanese equity portfolios that also address climate change risk, and as anextension or alternative to TOPIX-linked funds. In addition, the ETF can address
the concerns of investors who wish to contribute to society through theirinvestments but find it difficult to see how they are contributing.
(*According to S&P Dow Jones Indices LLC.)
As a responsible institutional investor, SuMi TRUST is committed to addressing
ESG (Environment, Social and Governance) issues from a global perspective
through constructive dialogue with companies in its portfolio and collaboration
with international organizations promoting ESG efforts in various fields. The ETF
is a symbolic product that is in line with such efforts taken by us and, after morethan two-year track record of investing in the index,
SuMi TRUST have decided to offer this product in the form of an ETF in order tomake it available to as many investors as possible.
SuMi TRUST is committed to pursuing new forms of asset management thatmeet the needs of the times and aspirations for the future.

ETF Overview
Issue name/CodeSMT ETF Carbon Efficient Index Japan Equity(TSE stock code: 2642/ISIN: JP3049340007)

Fund characteristics

An ETF that aims to track the S&P/JPX Carbon EfficientIndex*.
*An index that uses TOPIX constituents as its universe anddetermines the weight of constituents by focusing on the levelof environmental information disclosure and carbon
efficiency (carbon emissions per unit of revenue).

Target Index

S&P/JPX Carbon Efficient Index

Type

ETF

Launch Date

June 22, 2021

TOPIX Listing Date

June 23, 2021

Global Business Development Department
Sumitomo Mitsui Trust Asset Management Co., Ltd.
1-1-1 Shibakoen, Minato-ku, Tokyo 105-0011 Japan
Tel: +81-3-6453-3770 e-mail: fundservices@smtb.jp

Disclaimer -1This document includes information regarding Sumitomo Mitsui Trust Asset Management Co., Ltd. and this document
has not been approved by or registered with any regulatory or governmental authority in any jurisdiction.
In Japan, Sumitomo Mitsui Trust Asset Management Co., Ltd. is licensed and registered with the Financial Services
Agency of Japan. Outside of Japan, Sumitomo Mitsui Trust Asset Management Co., Ltd. is registered as an
Investment Manager in the Republic of Ireland and Grand Duchy of Luxembourg, and as an Investment Advisor in the
Republic of Korea.
THIS DOCUMENT IS PRESENTED SOLELY FOR THE PURPOSES OF DISCUSSION AND TO PROVIDEREFERENCE INFORMATION ABOUT SUMITOMO MITSUI TRUST ASSET MANAGEMENT CO., LTD. UNDER NO
CIRCUMSTANCE SHOULD THIS DOCUMENT BE USED OR CONSIDERED AS AN OFFER TO SELL, OR A
SOLICITATION OF ANY OFFER TO BUY, INTERESTS IN ANY INVESTMENT FUND MANAGED BY SUMITOMOMITSUI TRUST ASSET MANAGEMENT CO., LTD. OR ANY OTHER TYPE OF FINANCIAL SERVICE OR
PRODUCT BY SUMITOMO MITSUI TRUST ASSET MANAGEMENT CO., LTD. FURTHERMORE, THE
DISTRIBUTION OR COMMUNICATION OF THIS DOCUMENT SHALL NOT FORM THE BASIS, OR BE RELIEDON IN CONNECTION WITH, ANY CONTRACT THEREFOR.
The information and opinions contained in this document do not purport to be full or complete and do not constituteinvestment advice. No reliance should be placed, for any purpose, on the information or opinions contained in thisdocument or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given
as to the accuracy or completeness of the information or opinions contained in this document by the Sumitomo Mitsui
Trust Asset Management Co., Ltd. or by its directors, officers, partners, shareholders, employees or affiliates and noliability is accepted by any of the foregoing for the accuracy or completeness of any such information or opinions.
Sumitomo Mitsui Trust Asset Management Co., Ltd. undertakes no obligation to update the information set forth
herein.
This document is confidential and shall not be reproduced or redistributed in whole or in part for any purpose, andshall not be disclosed, directly or indirectly, to any party other than the recipient. This document may include
information not allowed to present in the regions other than those the recipient receives this document. We are notresponsible for the usage of this document in the regions excluding those where the recipient obtains this document.
By accepting this document, the recipient agrees to be bound by all limitations and conditions stated herein.
All copyrights regarding this material, other than the parts quoted from other companies’ materials, belong to
Sumitomo Mitsui Trust Asset Management Co., Ltd. This material may not be used or reproduced in part or in whole
for any purpose without our express permission. Should you have any questions as to this material, please address
them to our marketing department.

Disclaimer -2Based on its obligations set forth under Article 37 of the Financial Instruments and Exchange Law of Japan and Act
on Regulation of Business Pertaining to Commodity Investment of Japan, Sumitomo Mitsui Trust Asset Management
Co., Ltd. hereby makes the following disclosures in relation to entering into any investment management agreementwith Sumitomo Mitsui Trust Asset Management Co., Ltd. Notwithstanding the foregoing or the disclosures set forth
below, under no circumstance should this document be used or considered as an offer to sell, or a solicitation of any
offer to buy, interests in any investment fund managed by Sumitomo Mitsui Trust Asset Management Co., Ltd. or any
other type of financial services or products by Sumitomo Mitsui Trust Asset Management Co., Ltd.
<Points to Consider>■ Risk of Loss
Under an investment management agreement, based on the investment guideline provided by the client anddiscussion between the parties regarding the manner of the investment management, securities and other
instruments which are subject to price fluctuations, including, without limitation, Japanese equity and fixed income,foreign currency denominated equity and fixed income, investment trusts, shares of collective investment schemes,loans, futures transactions, option transactions, swap transactions and foreign currency transactions, may be includedin the investment portfolio. Price fluctuations in such investment assets may result in a loss in principal of the assets
under management.
■ Price Fluctuations
Assets which are managed by Sumitomo Mitsui Trust Asset Management Co., Ltd. pursuant to an investment
management agreement are subject to various risks, including, without limitation:(1)Market Risk
Risk of the price movements in the managed assets due to fluctuations in financial markets and other indices,
including (but not limited to) fluctuations in equity markets, interest rate markets, foreign currency markets andfinancial indices.

(2)Credit Risk
Risk of the price movements in the managed assets due to changes in the financial and/or business conditions ofissuers, counterparties to a transaction or the counterparties of the issuers.

(3)Liquidity Risk
Risk of the trading of the any interests within the managed assets being restricted due to the market environment or the lackof trading volume. Similarly, there is a risk that the value of the managed assets being volatile due to the lack of market
liquidity of such assets.
Furthermore, investments of the managed assets into hedge funds and securitized products may contain various risks
related to investment approach and structure in of such investment in addition to the any of the risks mentioned above. For
further information, please refer to the explanatory documents for each product.
■Restrictions on Purchase and Redemption
To the extent permitted under the investment strategy as set forth in the investment management agreement, the managed
assets may invest in other types of investment funds or financial products. Due to factors such as the nature of the target
investments and/or investment structure, various restrictions, including, without limitation, restrictions on purchase andredemption, may be imposed in connection with certain investment products such as investments in hedge funds and/or
securitized products. In particular, redemption of such investment product may require several months. For further
information, please refer to the explanatory documents for each product. In addition, due to such factors as market liquidity,
size of the purchase or redemption or other unavoidable reasons, redemptions of investment assets from such target
investment funds may take some time, and the timing of the purchase of such investment assets may be limited.
■Restrictions on Business Pertaining to Commodity Investment
In our commodity investment advisory business, we can not conduct transactions related to product investment withcustomers as opponents (excluding qualified institutional investors' customers).In addition, we and our affiliated companies(except Mitsui Sumitomo Trust and Banking Co., Ltd. which conducts banking business and trust business) cannot receive
deposits of money or securities from customers in regard to the commodity investment advisory business, regardless of thenominal item.
■ Company Name and Other Information
Company Name: Sumitomo Mitsui Trust Asset Management Co., Ltd.
Financial Institution Registration Number: No.347 Kanto Finance Bureau of the Ministry of FinanceCommodity Trading Advisor License Number: #(1) No.25, the Minister of Economy, Trade and Industry
Participating Associations: The Investment Trusts Association, Japan, Japan Investment Advisers Association■ Fees and Costs(Management fees)
In principle, management fees are calculated on the basis of assets under management. However, the specific method of
calculation for each transaction cannot be expressed in advance, as such method is determined through discussions and inconsideration of the contents of the investment guidelines and the investment discussions between the parties. Whenentering into an investment management agreement, please be sure to confirm with our sales representatives the applicablecalculation method of the management fee.
(Trading Costs)
A commission incurred through a trade of securities, overseas custody fees and other costs will be deducted from theentrusted assets under management. When investing in investment trust products organized and managed by otherinstitutions, fees may be charged by the institutions concerned. Specific amounts and/or upper limits of costs cannot be
expressed in advance, as such costs are determined, along with calculation methodology, based on type and volume of theassets under management.
(Securities Lending)
When entering into a security-lending agreement, a fee will be charged. This fee cannot be expressed in advance, as suchfee will be determined based on separate discussion between the parties.
(Termination Fees)
When terminating an investment management agreement, a termination fee may be charged based on the terms andconditions set forth in such agreement.
(Other Expenses)
In addition to the above costs, other costs related to investment products, such as tax, levy, and/or operational costs may be
deducted from the assets under management or be charged directly to the client.
(Cooling off Period)
A cooling off period, stipulated in Article 37-6 of the Financial Instruments and Exchange Act, does not apply to an
investment management agreement.

Disclaimer -3■Index
・FTSE Fixed Income LLC: FTSE Fixed Income Index is an index managed by FTSE Fixed Income LLC. FTSE Fixed
Income LLC is not a sponsor for any of the funds in the materials and do not recommend, distribute and promote any of the
products in the materials. FTSE Fixed Income LLC provides index data only for providing information. It does not guarantee
accuracy and integrity nor does it have any liability for any errors, omissions and delays of the index. All rights including
intellectual property, such as copy right of this index, belong to FTSE Fixed Income LLC.
・BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS is a trademark and service markof Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”) or
Bloomberg’s licensors own all proprietary rights in the BLOOMBERG BARCLAYS INDICES.

・S&P: The rights of the index belong to product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by
Sumitomo Mitsui Trust Asset Management Co., Ltd. Standard & Poor’s® and S&P® are registered trademarks of Standard &Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“DowJones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Sumitomo Mitsui
Trust Asset Management Co., Ltd. Sumitomo Mitsui Trust Asset Management Co., Ltd 's financial products on the materials are
not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties
make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors,omissions, or interruptions of the Index.
・MSCI: Copyright MSCI2019. Unpublished. All Rights Reserved.
This information may only be used for your internal use, maynot be reproduced or redisseminated in any form and may not be
used to create any financial instruments or products or any indices. None of this information is intended to constitute investment
advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as
such. Historical data and analysis should not be taken as an indication or guarantee of any future performance, analysis,
forecast or prediction. This information is provided on an “as is” basis and the user of this information assumes the entire risk of
any use it may make or permit to be made of this information. Neither MSCI, any or its affiliates or any other person involved inor related to compiling, computing or creating this information makes any express or implied warranties or representations withrespect to such information or the results to be obtained by the use thereof, and MSCI, its affiliates and each such other person
hereby expressly disclaim all warranties (including, without limitation, all warranties of originality, accuracy, completeness,timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without
limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any other person involved in or related to compiling,
computing or creating this information have any liability for any direct, indirect, special, incidental, punitive, consequential or any
other damages (including, without limitation, lost profits) even if notified of, or if it might otherwise have anticipated, thepossibility of such damages.
・ FTSE: The financial products on the materials are not in any way sponsored, endorsed, sold or promoted by FTSE
International Limited (“FTSE”), by the London Stock Exchange Group companies (“LSEG”) or by Global Wealth Allocation
Limited (“GWA”) (together the “Licensor Parties”), and none of the Licensor Parties make any warranty or representation
whatsoever, expressly or impliedly, either as to the results to be obtained from the use of “FTSE GWA Japan Index”, “FTSE
GWA Developed ex Japan Index（FTSE GWA Kaigai Index）” the “Index” and/or the figure at which the said Index stands at any
particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE using the wealth allocation
weightings provided by GWA or by Research Affiliates LLC (“RA”) (collectively the “Licensor Parties”), and none of the Licensor
Parties make any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from theuse of the "FTSE RAFI Kaigai 1000 Index" (the “Index”) and/or the figure at which the said Index stands at any particular timeon any particular day or otherwise. The Index is compiled and calculated by FTSE in conjunction with RA. None of the Licensor
Parties shall be liable (whether in negligence or otherwise) to any person for any error in the Index and none of the Licensor
Parties shall be under any obligation to advise any person of any error therein."FTSE®" is a trade mark of LSEG and is used by
FTSE under licence. All Russell indices and related services are the property of FTSE Russell.
・ Tokyo Stock Exchange, Inc. (TSE): The intellectual property rights associated with “Tokyo Stock Price Index (TOPIX)”,“Tokyo Stock Exchange Second Section Stock Price Index”, “Tokyo Stock Exchange Mothers Index”, “JASDAQ INDEX”, “Tokyo
Stock Exchange REIT Index” including sub indices belong to the Tokyo Stock Exchange, Inc. (TSE) All products described in
the materials are not provided, guaranteed or distributed by the TSE. The TSE is not liable for any losses or damages incurredby any of the products in the materials.
・ JPX Group and Nikkei: The JPX-Nikkei Index 400 is copyrighted work calculated using an independent methodology
developed by the Japan Exchange Group, Inc. and the Tokyo Stock Exchange, Inc. (collectively, “the JPX Group”), and the
Nihon Keizai Shimbun, Inc. (hereunder “Nikkei”) The JPX Group and Nikkei own and maintain all intellectual property rights
associated with the JPX-Nikkei Index 400 and its calculation methodology. Trademarks and other intellectual property rights
associated with the emblems and logos representing the JPX-Nikkei Index 400 belong to the JPX Group and Nikkei. All
financial products listed in the materials are managed by pension trust service providers under their own responsibility. The JPXGroup and Nikkei are not liable for the investment management and transactions of these products. The JPX Group and Nikkei
are under no obligation to provide the JPX-Nikkei Index 400 continually, and are not liable for any errors, delays and interruption
in the release of the JPX-Nikkei Index 400. The JPX Group and Nikkei maintain all rights in the selection of composites,
calculation methodology, index modification and discontinuance of release. “JPX 日経 400” is an abbreviated form of the “JPX日経インデックス400” (the official Japanese name) and “JPX-Nikkei 400” is an abbreviated form of the “JPX-Nikkei Index 400” (theofficial English name).
・ Nomura Securities Co., Ltd.: The intellectual property rights of “NOMURA-BPI”, “NOMURA-BPI/Extended”, “NOMURABPI/Ladder ”, “NOMURA J-TIPS Index”, “NOMURA-CMT Index”, “NOMURA Par Yield” including sub indices belong to Nomura
Securities Co., Ltd. does not guarantee the accuracy, integrity, reliability and utility of the index. Nomura Securities Co., Ltd. is
not responsible for the business activities and services associated with the index.
・ Nomura Securities Co., Ltd. and Frank Russell Company: The intellectual property rights of the “Russell/Nomura Japan
Index” belong to Nomura Securities Co., Ltd. and Frank Russell Company. Nomura Securities Co., Ltd. and Frank Russell
Company do not guarantee the accuracy, reliability and utility of the index. Nomura Securities Co., Ltd. and Frank Russell
Company are not responsible for the business activities and services associated with the index.
・ Intellectual property rights of indices provided by firms other than mentioned above in the materials belong to providers that
produce those indices. These providers do not guarantee accuracy, completeness, reliability or utility of those indices, nor are
responsible for our business activities and services accompanied by those indices.

Disclaimer -4■Sumitomo Mitsui Trust Group's Policy regarding the Use of Client Information
The Sumitomo Mitsui Trust Group is a comprehensive financial services group consisting of numerous financial
institutions including a trust bank, an asset management company, etc. By properly leveraging the expertise andspecialist knowledge of each of our group companies and by working together, it is our firm belief that we can provide
more value added financial products and services to our clients.
We would like to share certain information of our clients (excluding information which is subject to a confidentiality
obligation under the agreement) within the Sumitomo Mitsui Trust Group and only to the extent that we believe to benecessary or required for this purpose.
Any client information shared within the Sumitomo Mitsui Trust Group will be used and treated with the utmost care to
avoid any inappropriate disclosure.
If you do not wish to have your information shared within our group, please contact us at the e-mail or telephone
number provided below. Thank you.
(1)Type of Client Information shared within the Sumitomo Mitsui Trust Group・Client (company) name, client (company) address, client (company) telephone number, e-mail addresses,
transaction records and information, public information and other information about the client.
・Product(s) sold and services rendered, transaction dates, balance of accounts, maturity of products, and generalclient transaction information.
(2)Common usage
Client information will only be shared amongst Sumitomo Mitsui Trust Holdings, Inc., Sumitomo Mitsui Trust AssetManagement Co., Ltd., Sumitomo Mitsui Trust Bank, Ltd. and its subsidiaries.
(3)Purpose
Research and development of various financial products(4)Contact
Global Business Development Department
Sumitomo Mitsui Trust Asset Management Co., Ltd.
1-1-1 Shibakoen, Minato-ku, Tokyo 105-0011 Japan
Tel: +81-3-6453-3770 e-mail: fundservices@smtb.jp

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