PRESS RELEASE
16 JUNE 2020

NIKKO ASSET MANAGEMENT CO., LTD.

Nikko AM Wins Two ETF Awards

Best ETF Provider, Japan and Best ETF Mandate
On 4 June, Nikko Asset Management (Nikko AM) was recognised as Best ETF Provider Japan and for the BestETF Mandate as part of The Asset Triple A Awards 2020. The Asset, an influential industry publication about
the asset management industry in Asia, made a comprehensive decision looking at ETF providers’ products,
launches, educational and other activities, innovation, leadership and performance over the period of 1
January to 31 December 2019. This is the second time The Asset has awarded Nikko AM, following thecompany’s first win in 2017.
Head of the ETF Center and Joint Global Head of the ETF Business Koei Imai commented, “We are extremely
proud to be named Best ETF Provider for Japan. Nikko AM continues to lead the way in ETF innovation, as
the only company in Japan providing cash creation & redemption type ETFs based on the Nikkei 225, JPX
Nikkei 400 and the TSE REIT indices. We also offer four TSE-listed ETFs that are eligible for Japan’s regularsaving NISA, more than any other manager.”
The Nikko AM ETF assets under management (AUM) in Japan grew 30% year on year to reach JPY8.65 trillion
as of December 2019. The firm carried out robust promotions, including meetings with institutional
investors as they searched for revenue in the country’s negative interest rate environment. Nikko AM also
conducted unconventional, digital promotions of the company’s ETFs and the ETF market in general toretail investors, which is remarkable in the traditionally conservative Japan market. Furthermore, the JapanETF team collaborated with the firm’s global offices to hold for seminars for non-Japanese institutional
investors, and led the pack in handling inquiries from overseas investors and market makers in English.
For these latest awards, The Asset placed a renewed importance on a firm’s ESG-oriented initiatives. During
the award period, the Nikko AM office in Tokyo earned certification as carbon neutral, the highest gold
rating in the PRIDE Index 2019 for creating a workplace that is inclusive of LGBT individuals, and hosted
Syrian refugee interns to provide them with valuable experience for their careers and for cultural exchange.
The award for Best ETF Mandate went to the Nikko AM Global Internet ETF, listed on 24 October 2019 andbecoming the company’s first on the Hong Kong Stock Exchange. Based on the Singapore Exchange
Limited’s (SGX) iEdge-FactSet Global Internet Index, it includes access to many of the world’s top Internetcompanies by market capitalisation.
Phillip Yeo, Joint Global Head of ETF Business and International Head of Product Development andManagement, remarked, “It is an honour to be chosen for this award. This ETF is a quick and affordable
thematic solution made possible through our close collaboration with many business partners including thestock exchange, index providers, fund administrators and market makers. It marks a strategic milestone as
we entered the diverse and global Hong Kong market, and strengthened our position across Asia. We looken.nikkoam.com

1forward to continuing to produce and deliver a wide range of ETF solutions to meet the needs of customers
in Asia and around the world.”
For more information about The Asset, please visit its website.
https://www.theasset.com/– ENDS –Investment trusts invest in assets whose prices fluctuate (foreign currency-denominated assets containexchange rate risk as well), so the NAV will fluctuate accordingly. It is possible that the NAV will fall below
your original investment.
Different investment trusts invest in different asset classes, markets, and countries, and contain different
investment restrictions, so the details of their risks differ accordingly.
Outline of Fees, etc.
Investors must bear the following expenses:
Fee charged directly at the time of purchase and redemption
Purchase Application Fees:

Up to 4.4% (4.0% before tax)

Redemption fee:

Up to 1.1% (1.0% before tax)

Amount Retained in Trust Assets:

Up to 0.6%

Fees and expenses charged indirectly through the trust assets (i.e. paid by the Fund)
Trust Fees:

Up to 3.045% (2.95% before tax)
Some funds charge a performance fee based on investment performance, etc.

Other Expenses:

Brokerage commission with respect to securities held in the portfolio, audit
fees, interest on borrowing and advances, fees related to securities lending,etc.

* The rate or maximum amounts applicable to other fees and expenses cannot be disclosed in advance because the actual amount will varydepending on the state of the assets managed.
* The total amount of fees above will vary depending on the length of investment period and other factors. Therefore, we cannot give a specifictotal.
* For more detail, please refer to the investment trust explanatory document (prospectus distributed in advance of purchase).

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Disclaimer
 Fees, etc. listed are the highest rates among those charged to the investment trusts managed by Nikko
Asset Management (as of the day this content was created).
 The risk information and fees, etc. disclosed above are those typical for a general investment trust.
Actual fees will vary for each specific investment trust. For more detail, please refer to the investment
trust explanatory document (prospectus distributed in advance of purchase).
Other matters to consider
 These materials were prepared for the purpose of providing information on investment trusts offeredby Nikko AM.
 Unlike bank deposits or insurance policies, investment trusts are not protected by the Deposit
Insurance Corporation or the Insurance Policyholders Protection Corporations. Nor are investment
trusts protected by the Investor Protection Funds when purchased at banks or other registered financial
institutions.
 Any profit or loss derived from management of investment trusts belongs to all the beneficiaries. Whenpurchasing to investment trusts, the distributor will provide you with an investment trust explanatory
document (or prospectus distributed in advance of application) beforehand, so please be sure to verify
the details and make your own decision whether or not to invest.

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3About Nikko Asset Management
With US$205.2 billion* under management, Nikko Asset Management is one of Asia’s largest asset managers, providing
high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies.
In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s
largest exchange-traded funds (ETFs).
Headquartered in Asia since 1959, the firm employs approximately 200** investment professionals, representing
approximately 30 nationalities across 11 countries. More than 400 banks, brokers, financial advisors and life insurancecompanies around the world distribute the company’s products.
The investment teams benefit from a unique global perspective complemented by the firm's historic Asian DNA,
striving to deliver consistent excellence in performance. The firm also prides itself on its progressive solution-driven
approach, which has led to many innovative funds launched for its clients.
For more information about Nikko Asset Management and to access its investment insights, please visit the firm’s
homepage.
* Consolidated assets under management and sub-advisory of Nikko Asset Management and its subsidiaries as of 31 March 2020.
** As of 31 March 2020, including employees of Nikko Asset Management and its subsidiaries.
Important Information
This document is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under suchcircumstances as may be permitted by applicable laws. This document does not constitute personal investment advice or a personal
recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients arerecommended to consult with their independent tax, financial and legal advisers prior to any investment.
This document is for information purposes only and is not intended to be an offer, or a solicitation of an offer, to buy or sell any investments orparticipate in any trading strategy. Moreover, the information in this document will not affect Nikko AM’s investment strategy in any way. The
information and opinions in this document have been derived from or reached from sources believed in good faith to be reliable but have notbeen independently verified. Nikko AM makes no guarantee, representation or warranty, express or implied, and accepts no responsibility or
liability for the accuracy or completeness of this document. No reliance should be placed on any assumptions, forecasts, projections, estimatesor prospects contained within this document. This document should not be regarded by recipients as a substitute for the exercise of their own
judgment. Opinions stated in this document may change without notice.
In any investment, past performance is neither an indication nor guarantee of future performance and a loss of capital may occur. Estimates of
future performance are based on assumptions that may not be realised. Investors should be able to withstand the loss of any principal
investment. The mention of individual securities, sectors, regions or countries within this document does not imply a recommendation to buy or
sell.
Nikko AM accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this document, provided
that nothing herein excludes or restricts any liability of Nikko AM under applicable regulatory rules or requirements.
All information contained in this document is solely for the attention and use of the intended recipients. Any use beyond that intended by Nikko
AM is strictly prohibited.
Japan: The information contained in this document pertaining specifically to the investment products is not directed at persons in Japan nor is
it intended for distribution to persons in Japan. Registration Number: Director of the Kanto Local Finance Bureau (Financial Instruments firms)
No. 368 Member Associations: The Investment Trusts Association, Japan/Japan Investment Advisers Association.
United Kingdom and rest of Europe: This document is communicated by Nikko Asset Management Europe Ltd, which is authorised andregulated in the United Kingdom by the Financial Conduct Authority (the FCA) (FRN 122084). This document constitutes a financial promotion
for the purposes of the Financial Services and Markets Act 2000 (as amended) (FSMA) and the rules of the FCA in the United Kingdom, and isdirected at professional clients as defined in the FCA Handbook of Rules and Guidance.
United States: This document may not be duplicated, quoted, discussed or otherwise shared without prior consent. Any offering or distributionof a Fund in the United States may only be conducted via a licensed and registered broker-dealer or a duly qualified entity. Nikko AssetManagement Americas, Inc. is a United States Registered Investment Adviser.

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Singapore: This document is for information to institutional investors as defined in the Securities and Futures Act (Chapter 289), andintermediaries only. Nikko Asset Management Asia Limited (Co. Reg. No. 198202562H) is regulated by the Monetary Authority of Singapore.
Hong Kong: This document is for information to professional investors as defined in the Securities and Futures Ordinance, and intermediaries
only. The contents of this document have not been reviewed by the Securities and Futures Commission or any regulatory authority in HongKong. Nikko Asset Management Hong Kong Limited is a licensed corporation in Hong Kong.
Australia: This document is issued in Australia by Nikko AM Limited (ABN 99 003 376 252, AFSL 237563). It is for the use of wholesale clients,
researchers, licensed financial advisers and their authorised representatives only.
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is for the use of wholesale clients, researchers, licensed financial advisers and their authorised representatives only.
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offer to the public to purchase the Strategy will be made in the Kingdom of Bahrain and this document is intended to be read by the addressee
only and must not be passed to, issued to, or shown to the public generally.
Kuwait: This document is not for general circulation to the public in Kuwait. The Strategy has not been licensed for offering in Kuwait by the
Kuwaiti Capital Markets Authority or any other relevant Kuwaiti government agency. The offering of the Strategy in Kuwait on the basis a private
placement or public offering is, therefore, restricted in accordance with Decree Law No. 7 of 2010 and the bylaws thereto (as amended). No
private or public offering of the Strategy is being made in Kuwait, and no agreement relating to the sale of the Strategy will be concluded in
Kuwait. No marketing or solicitation or inducement activities are being used to offer or market the Strategy in Kuwait.
Kingdom of Saudi Arabia: This document is communicated by Nikko Asset Management Europe Ltd (Nikko AME), which is authorised andregulated by the Financial Services and Markets Act 2000 (as amended) (FSMA) and the rules of the Financial Conduct Authority (the FCA) in the
United Kingdom (the FCA Rules). This document should not be reproduced, redistributed, or sent directly or indirectly to any other party or
published in full or in part for any purpose whatsoever without a prior written permission from Nikko AME.
This document does not constitute investment advice or a personal recommendation and does not consider in any way the suitability or
appropriateness of the subject matter for the individual circumstances of any recipient. In providing a person with this document, Nikko AME is
not treating that person as a client for the purposes of the FCA Rules other than those relating to financial promotion and that person will nottherefore benefit from any protections that would be available to such clients.
Nikko AME and its associates and/or its or their officers, directors or employees may have or have had positions or material interests, may at any
time make purchases and/or sales as principal or agent, may provide or have provided corporate finance services to issuers or may provide or
have provided significant advice or investment services in any investments referred to in this document or in related investments. Relevant
confidential information, if any, known within any company in the Nikko AM group or Sumitomo Mitsui Trust Holdings group and not available
to Nikko AME because of regulations or internal procedure is not reflected in this document. The investments mentioned in this document may
not be eligible for sale in some states or countries, and they may not be suitable for all types of investors.
Oman: The information contained in this document nether constitutes a public offer of securities in the Sultanate of Oman as contemplated by
the Commercial companies law of Oman (Royal decree 4/74) or the Capital Markets Law of Oman (Royal Decree80/98, nor does it constitute anoffer to sell, or the solicitation of any offer to buy non-Omani securities in the Sultanate of Oman as contemplated by Article 139 of the
Executive Regulations to the Capital Market law (issued by Decision No. 1/2009). This document is not intended to lead to the conclusion of any
contract of whatsoever nature within the territory of the Sultanate of Oman.
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independent investigation of the risks involved in an investment in such Strategies. The document does not constitute an offer to the public
and should not be reproduced, redistributed, or sent directly or indirectly to any other party or published in full or in part for any purpose
whatsoever without a prior written permission from Nikko Asset Management Europe Ltd (Nikko AME). No transaction will be concluded in yourjurisdiction and any inquiries regarding the Strategies should be made to Nikko AME.
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offered to a limited number of investors in the UAE who are (a) willing and able to conduct an independent investigation of the risks involved in
an investment in such Strategy, and (b) upon their specific request.
The Strategy has not been approved by or licensed or registered with the UAE Central Bank, the Securities and Commodities Authority or any
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not be given or shown to any other person (other than employees, agents or consultants in connection with the addressee's consideration
thereof).
No transaction will be concluded in the UAE and any inquiries regarding the Strategy should be made to Nikko Asset Management Europe Ltd.
Republic of Korea: This document is being provided for general information purposes only, and shall not, and under no circumstances is, to beconstrued as, an offering of financial investment products or services. Nikko AM is not making any representation with respect to the eligibilityof any person to acquire any financial investment product or service. The offering and sale of any financial investment product is subject to theapplicable regulations of the Republic of Korea. Any interests in a fund or collective investment scheme shall be sold after such fund isregistered under the private placement registration regime in accordance with the applicable regulations of the Republic of Korea, and theoffering of such registered fund shall be conducted only through a locally licensed distributor.
Comprehensive Risk Information on Mutual Funds: http://en.nikkoam.com/risk-information-mutual-funds

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