News

Manager of Nomura Global Dynamic Bond FundAwarded "Best Alpha Manager"
in FE fundinfo UK "Alpha Manager Awards 2021"
Nomura Asset Management (NAM) was ranked fourth in the Asset Management Group in FE
fundinfo UK’s 2021 Alpha Manager Awards, which was announced on June 15. A total of six
managers from NAM and American Century Investments were recognized as “Alpha Managers”,
awarded for Global, Japanese and Asian Growth Equity Funds.
In addition, Richard “Dickie” Hodges, who manages the Nomura Global Dynamic Bond Fund at
Nomura Asset Management U.K. Ltd., won the "Best Alpha Manager" award in the sterling
strategic bond category, which was announced on the FE fundinfo on June 16th. This was thesecond year in a row that he has won the award for his outstanding performance.

Richard “Dickie” Hodges manages the Nomura Global Dynamic Bond Fund, an unconstrainedbond strategy fund that invests in a wide range of sectors and countries and is one of our flagshipfunds. Since its establishment at the end of January 2015, a wide range of investors across various
countries have chosen this fund for its solid returns generated despite historically low interest rates.
In Japan, it is already available for institutional investors including pension funds and financial
institutions, and also for retail investors via a fund of funds (FoFs), and a “Fund-Wrap” service,and the investor base continues to expand.
“Alpha Managers” are selected from among the top 10% of the best-performing fund managers
across UK retail funds each year. The performance of the manager over his/her career is evaluatedand managers who have been able to overcome short-term market fluctuations and continue toprovide added value to their clients over the long term are selected. The "Best Alpha Manager" isselected from among the "Alpha Managers" and awarded to the industry's most visionary
managers based on qualitative analysis. FE Fundinfo is a fund analysis and rating agency usedby approximately 80% of financial advisors in the UK. The Alpha Manager Awards is one of the
top awards in the UK retail fund market.
At NAM, we will continue to strive to provide products and services that meet our clients’ needs.
For more information on the FE fundinfo, please visit
https://www.fefundinfo.com/en-gb/news/2021-fe-fundinfo-alpha-managers-revealed/
https://www.fefundinfo.com/en-gb/news/fe-fundinfo-reveals-2021-alpha-manager-winners/
endDisclaimer of Nomura Asset Management
Investment Advisory
1. Financial Instruments Business Operator Handling the Products
Trade name: Nomura Asset Management Co., Ltd.
Director of Kanto Local Finance Bureau (Financial Instruments Firms) No.373
Membership: The Investment Trusts Association, Japan/ Japan Investment Advisers Association/ TypeII Financial Instruments Firms Association
2. Expenses for the Products (Fees, etc.)
In general, the investment advisory fees of up to 11 basis points (including tax) per average net asset
value are charged for investment advisory services depending on the contract period.
In addition to investment advisory fees, brokerage commissions and various expenses related tocustody of securities are incurred as expenses and deducted from contract assets. In addition, sincethese expenses vary depending on the investment status, it is not possible to present the rate, maximum
amount, etc. in advance.
The investment trust of this product may be purchased as an investment decision of NAM within thediscretionary investment contract, and in this case, management fee (60 bp) of the investment trust andexpenses of distributors, trustees, etc. shall be incurred. When the investment trust is converted into
cash, the investment trust reserve expense may be required.
Management fees to distributors, trustees, etc. shall be borne within the investment trust. (The fee isnot paid directly by the clients.)
3. Investment risk of the product
As for financial instruments transactions conducted for clients, we invest in stocks, convertible bonds,public and corporate bonds, etc. (including investments through investment trusts and limitedpartnerships). Therefore, there is a risk that the prices of stocks, currencies, etc. to be invested may falland losses may be incurred due to the effects of domestic and foreign economic and political situations,fluctuations in interest rates, changes in the performance of issuers, changes in financial conditions,etc. Derivative transactions may be used in this product. Since this transaction is carried out by utilizing
leverage of more than the amount of margin, the price may fluctuate due to fluctuations in securities
and indexes, etc., which are underlying assets, and there is a possibility that losses exceeding theamount of margin deposited may occur. The leverage ratio cannot be presented in advance because itis subject to change as needed due to changes in the investment policy and domestic and overseas
market environments. The amount of margin determined by our company based on the account of thesecurities company to which the order is placed is deposited from the contract assets during the period
in which the derivative transactions are conducted.
Investment Trusts
1. Caution
The risks and expenses listed below are assumed to be general investment trusts. The rates forexpenses are the highest rates among all publicly offered investment trusts managed by Nomura AssetManagement, which are borne by investors. As the risks and expenses associated with an investment
trust vary, when investing in an investment trust, please refer to the explanatory document (prospectus)
and the pre-contract document carefully in advance.
2. Risks Related to Investment Trusts
Investment trusts invest mainly in domestic and foreign stocks, public and corporate bonds, and othersecurities whose prices fluctuate, and the investment principal is not guaranteed. The price per unit ofinvestment fluctuates due to fluctuations in the market prices of the assets and in foreign exchange
rates. Therefore, losses may be incurred as the price of unit may become less than the amount invested
by investors. Investment Trusts differ from deposits and savings. In addition, for investment trusts, thecontent and nature of risks are different because the types of target assets, restrictions, trading markets,countries, etc. are different for each investment trust. Therefore, please refer to the explanatory
document (prospectus) and the pre-contract document when investing.
3. Expenses related to investment trusts
The total amount of the following costs will vary depending on the period investors hold the fund, etc.,
and therefore cannot be presented.

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As of July, 2021
Subscription fee:
Maximum 3.85%(tax included)

It is the expense which the investor bears when purchasing a fund. The fund
distributor receives it as the cost of sales. The rate, etc. must be confirmedwith the distributor.
Depending on the fund, "Redemption fee" may be required at the time ofredemption (and at the time of redemption).

Trust fee:
Maximum 2.222%(tax included)

It is the cost charged based on the period the investor holds the fund. The
asset management company, the trustee company and the distributor receive
it in a proportional manner. The asset management company receives theinvestment compensation, the trustee company receives the custodycompensation, and the distributor receives compensation for administrative
duty including the distribution of dividend, redemption money and investment
reports*For some funds, extra fee may be charged depending on the investment
performance.
*In the case of a fund of funds, with some exceptions, trust fees, etc. for funds
invested by the fund are separately charged.

It is borne by investors upon redemption. It is charged in order for investors
Investment trust reserve expense:
themselves to bear the costs incurred in the trust property due to redemption
Maximum 0.5%
by investors.

Other fees:

In addition to the expenses mentioned above, expenses such as "Brokeragecommissions for the purchase and sale of securities, etc.", "tax on the fund","audit cost", "Expenses for custody of assets in foreign countries", etc. are to
be borne according to the investing period, etc. The rate, maximum amount,etc. cannot be shown in advance because it fluctuates depending on theinvestment status, etc.

When subscribing fund, please make a decision by yourself after confirming the contents of theexplanatory document (prospectus) provided by the distributor.
About this document
This document is prepared based on information considered to be reliable, but does not guarantee theaccuracy or completeness of the information. All information contained in this document is based on the factprior to the preparation of this document and may be subject to change without notice. Nothing in thisdocument suggests or warrants future investment performance or return.
Notes upon subscription
The principal of the funds is not guaranteed. All profits and losses incurred by the funds are attributable tobeneficiaries. When making an application, please make your own decision after confirming the contents ofthe explanatory document (prospectus) provided by the distributor.

About this English news release
The contents of this material are based on an English translation of a Japanese announcement made on
July 5, 2021 by Nomura Asset Management Co., Ltd. Whilst every effort has been made to translate theJapanese 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 funds in this document 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

3jurisdiction including the Commonwealth of Puerto Rico (the “United States”). The funds have 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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