News Release

Nomura to Launch New ETFs Designed to Track Performance ofBloomberg U.S. Treasury 7-10 Year Index on TSETokyo, October 11, 2021—Nomura Asset Management Co., Ltd. (NAM), the core company within
the Investment Management Division of Nomura Group, today announced that it will launch newETFs designed to track the performance of the Bloomberg U.S. Treasury 7-10 Year Index.

CodeNameIndex

2647

NEXT FUNDS Bloomberg US
Treasury Bond (7-10 year) Index(Unhedged) Exchange Traded Fund

Bloomberg U.S. Treasury
7-10 Year Index TTM JPY
Currency Unhedged2648

NEXT FUNDS Bloomberg USTreasury Bond (7-10 year) Index(Yen-Hedged) Exchange Traded
Fund

Bloomberg U.S. Treasury
7-10 Year Index TTM JPY
Currency Hedged

Management
fee1
0.143%
annually(0.13%,taxexcluded)
0.143%
annually(0.13%,taxexcluded)

These ETFs were today approved for listing by the Tokyo Stock Exchange (TSE) with a listingdate of October 29, 2021. From the listing date, investors will be able to trade the ETFs on theTSE through securities dealers and traders in Japan.
The minimum investment amount for these ETFs is expected to be approximately 50,000 yen (per10 units) for both of the ETFs.
These ETFs are part of Nomura’s NEXT FUNDS range and bring the total to 62.
For further details on these ETFs please refer to our website (https://global.nomuraam.co.jp/nextfunds/).

† “NEXT FUNDS” is the brand name for the ETF product range of Nomura
Asset Management Co., Ltd., representing “Nomura Exchange TradedFunds”.

ends

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Management fee rates are as of October 27, 2021.

NomuraNomura is a global financial services group with an integrated network spanning over 30 countries. By connectingmarkets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its
three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management.
Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions
and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Disclaimer of "Bloomberg U.S. Treasury 7-10 Year Index"
・“Bloomberg®” and Bloomberg U.S. Treasury 7-10 Year Index TTM JPY Currency Unhedged are service
marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited, theadministrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposesby Nomura Asset Management Co.,Ltd. Bloomberg is not affiliated with Nomura Asset Management
Co.,Ltd., and Bloomberg does not approve, endorse, review, or recommend the NEXT FUNDS Bloomberg
US Treasury Bond (7-10 year) Index (Unhedged) Exchange Traded Fund. Bloomberg does not guarantee
the timeliness, accurateness, or completeness of any data or information relating to the NEXT FUNDSBloomberg US Treasury Bond (7-10 year) Index (Unhedged) Exchange Traded Fund.
・“Bloomberg®” and Bloomberg U.S. Treasury 7-10 Year Index TTM JPY Currency Hedged are service
marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited, theadministrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposesby Nomura Asset Management Co.,Ltd. Bloomberg is not affiliated with Nomura Asset ManagementCo.,Ltd., and Bloomberg does not approve, endorse, review, or recommend the NEXT FUNDS BloombergUS Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund. Bloomberg does not guarantee
the timeliness, accurateness, or completeness of any data or information relating to the NEXT FUNDS
Bloomberg US Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund.
Disclaimer of Nomura Asset Management
The contents of this material are based on an English translation of a Japanese announcement made on
October 11, 2021 by Nomura Asset Management Co., Ltd. Whilst every effort has been made to translate
the Japanese document into English, the accuracy and correctness of this translation are not guaranteed,
therefore please refer to the original Japanese document.
Please note that the information contained in this document is for reference purposes only and does notconstitute an offer to sell or the solicitation of an offer to buy securities by Nomura Asset Management Co.,
Ltd. to any person in Japan and does not constitute a distribution, an offer to sell or the solicitation of an
offer to buy any securities or provide any services in any jurisdiction in which such distribution or offer is notauthorized.
Furthermore, none of the shares of the Fund have been or will be registered under the United States
Securities Act of 1933, as amended (“1933 Act”), or under the securities laws of any state or politicalsubdivision of the United States of America or any of its territories, possessions or other areas subject to its
jurisdiction including the Commonwealth of Puerto Rico (the “United States”). The Fund has not been andwill not be registered under the United States Investment Company Act of 1940, as amended, nor under
any other US federal laws.
Accordingly, the information in this document is not made or directed to any person in the United States andunder no circumstance shall the provision of the information on this document be deemed to constitute anoffer of securities or an offer to provide any services to any person in the United States or to any U.S. Person
as the term is defined under 1933 Act.
Furthermore, the information in this document is not made or directed to any person in the United Kingdom
and under no circumstances shall the provision of the information in this document be deemed to constitutean offer of securities or an offer to provide any services to any person in the United Kingdom.

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Disclosures required in JapanRegistered Company Name: Nomura Asset Management Co., Ltd.
Registration Number: Director of the Kanto Local Financial Bureau (Financial instruments firms) No. 373
Member Associations: The Investment Trusts Association, Japan; Japan Securities Investment Advisers
Association; Type II Financial Instruments Firms Association
This document is issued for reference purposes to explain the outline of "NEXT FUNDS Bloomberg Barclays
US Intermediate Corporate Index (JPY Hedged) Exchange Traded Fund” (“Fund”) and does not constitutedisclosure material based on the Financial Instruments and Exchange Law. Moreover, this document is notin any way intended to be an investment solicitation. Before investing in the Fund, prospective investors
should carefully read the “Securities Registration Statement”, “the Prospectus”, and the “Document Prior toConclusion of Contract” under your own responsibilities and based on your own judgment.
Nomura Asset Management Co., Ltd. does not directly handle order requests for the Fund from investors.
To invest in the Fund, it is necessary to open an account with a nearby Type-1 financial instruments businessprovider (securities firm) that handles ETFs and make a request to the broker.
Since the Fund invests primarily in securities and future contracts, there is a risk that the market price ofsuch securities or the NAV per unit of the Fund could decline and cause an investment loss due to a decline
in the stock price index, a price decline in securities comprising the index, the bankruptcy of a stock issuer,or deterioration in the financial conditions of an issuer, in addition to other market factors.
AN INVESTOR’S PRINCIPAL IS THEREFORE NOT GUARANTEED.
AN INVESTOR SHALL BEAR THE FOLLOWING COSTS WHEN INVESTING IN THE FUND.
Trading Fee
Trading of the Fund incurs brokerage commission fees set by a Type-1 financial instruments businessprovider (securities firm) that handles the transaction. These commissions are separate from the actual
transaction value. (Because the commissions charged by each securities firm differ, it is not possible tospecify a maximum amount.)
Management fees (fees are charged during the trust period according to the length of the trust period)
The total management fee is obtained by adding the amount determined in (2) below to the amountdetermined in (1) below.
Management fees are paid from the trust assets, and therefore are charged indirectly according to theperiod that the ETF is held.
(1) The amount obtained by multiplying the total net assets by a rate determined by the Management
Company not to exceed 1.045% annually* (0.95% exclusive of taxes). * The maximum management fee ofeach ETF is indicated above. For Nikkei 300 Exchange Traded Fund the management fees are calculated
based on the Fund's principal.
(2) If the securities belonging to the trust assets have been loaned, an amount no more than 55%* (50%exclusive of taxes) of the loan fees. * The highest loan fee of the ETFs is indicated.
Other fees (other fees may be imposed when applicable during the trust period) ETF-related taxes,
expenses necessary for trust administrative procedures (including various expenses necessary forsafekeeping of overseas assets), interest on advances provided by the trustee, sales consignment fees
incurred when securities included in the fund are traded, audit fees, other expenses (including expenses
relating to listing of Beneficiary Interests and fees for the use of trademarks to subject indexes), andconsumption taxes on these fees are incurred, when applicable, during the trust period. These expenses
are paid from the trust assets and are charged indirectly during the period that the ETF is held. Otherexpenses will vary according to investment circumstances, and consequently, rates and maximum
amounts cannot be specified in advance. For further details, please refer to the "Costs and Taxes of theFund" section in the prospectus. Please note that the prospectus is available in Japanese only. Nomura
Asset Management Co., Ltd. does not directly handle requests for ETFs from investors. To invest in anETF, it is necessary to open an account with a nearby first financial instruments business provider(securities firm) that handles ETFs and make a request to the broker. Nomura Asset Management Co.,
Ltd. has attempted to provide complete information in this document, but it provides no guarantees
concerning its content. Nomura Asset Management Co., Ltd. and financial instrument exchanges bear noliability whatsoever for losses incurred as a result of the information in this document. In addition, use of
the information in this document for commercial purposes, and modification, reuse, and redistribution forprovision to third parties are strictly prohibited.

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