PRESS RELEASE
26 MARCH 2020

NIKKO ASSET MANAGEMENT

Nikko Asset Management Recognised as
Best Asia Equity ETF Provider for the 10th Time
Nikko Asset Management (Nikko AM) today announces that it has been voted the Best Asia Equity ETF
Provider for the tenth time in eleven years in a survey conducted by ETF Express, a leading digital news
publisher serving institutional investors and investment advisers.
“We are honoured by this recognition, which is a reflection that increasingly investors are looking for efficient
exposure to Japan and Asia equities and other yield producing asset classes. Our clients appreciate our ETFs’
efficiency, low tracking errors and strong correlation to the indices,” said Phillip Yeo, Joint Global Head of ETF
Business and International Head of Product Development and Management.
Nikko AM is the second largest ETF provider in Asia and in tenth position globally in terms of assets undermanagement (AUM) 1 . The Firm’s ETF AUM surpassed USD 80 billion in 2019, driven by per annum AUM
growth of over 30%. Inflows into the firm’s flagship Listed Index Fund TOPIX and Listed Index Fund Nikkei 225
ETFs raised approximately USD 13 billion in assets in 2019.
In 2019, the Firm further expanded its lineup of ETFs with the launch of the Listed Index Fund J-REIT (Mini)
ETF2 on the Tokyo exchange and the Nikko AM Global Internet ETF on the Hong Kong stock exchange2.
“Our diversity of products across equities, fixed income and REITs has helped clients weather recent marketvolatility,” explained Yeo. “In particular Nikko AM’s ABF Singapore Bond Index Fund has demonstrated aninverse correlation to the broader markets in times of distress since inception 15 years ago. In Asia, theSingapore dollar currency and the Singapore government bonds are often perceived as safe havens wheninvestors seek to de-risk. In the current environment we have seen an increase of investor interest.”
ETF Express surveys determine the best ETF managers in their respective asset classes, recognising managers
based on product innovation, performance, consistency, expert knowledge and transparency. Results arecentred on a peer review system that sees investors, managers, advisers and distributors, and other industry
participants nominate winners for each category. Firms are then subject to a final review by the ETF Express
editorial team before the winners are named.
This award is based on past performance and does not guarantee future investment performance.
– ENDS –1

According to ETFGI Global ETF and ETP industry insights, as of the end of December 2019en.nikkoam.com

About Nikko Asset Management
With US$246.5 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 represents approximately 200** investment professionals andapproximately 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 December
2019.
** As of 31 December 2019, 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 are recommended
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 orliability for the accuracy or completeness of this document. No reliance should be placed on any assumptions, forecasts, projections, estimates orprospects 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 offuture 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.
Singapore: Nikko Asset Management Asia Limited (Co. Reg. No. 198202562H) is regulated by the Monetary Authority of Singapore.
Hong Kong: The contents of this document have not been reviewed by the Securities and Futures Commission or any regulatory authority inHong Kong. Nikko Asset Management Hong Kong Limited is a licensed corporation in Hong Kong.

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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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AM NZ Investment Scheme, Nikko AM NZ Wholesale Investment Scheme and the Nikko AM KiwiSaver Scheme.
This material is for information purposes 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 theKuwaiti 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 privateor 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. Nomarketing 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 theUnited 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 ExecutiveRegulations to the Capital Market law (issued by Decision No. 1/2009). This document is not intended to lead to the conclusion of any contract ofwhatsoever nature within the territory of the Sultanate of Oman.
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and any inquiries regarding the Strategies should be made to Nikko AME.
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