[Nomura Asset Management Co., Ltd.] Nomura AM, foreign stock index fund exclusively for defined contribution pensions Total net assets exceed 1 trillion yen
*View in browser* *Nomura Asset Management Co., Ltd.*
Press release: March 5, 2024
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Nomura AM, foreign stock index fund exclusively for defined
contribution pensions, total net assets exceed 1 trillion yen Nomura Asset Management Co., Ltd. (CEO and President: Hiroyasu Koike, hereinafter referred to as the “Company”) manages two funds dedicated to defined contribution pensions (DC) with the MSCI-KOKUSAI index as the target index (hereinafter referred to as “Target Funds”). )’s total net assets exceeded 1 trillion yen.
-Target funds and total net assets (as of the end of February 2024)- Fund name Total net assets
Nomura Foreign Stock Index Fund/MSCI-KOKUSAI (for defined contribution pension plans) 693.85 billion yen
Nomura DC Foreign Stock Index Fund/MSCI-KOKUSAI 314.42 billion yen
Among the target funds, “Nomura Foreign Stock Index Fund/MSCI-KOKUSAI (for defined contribution pensions)” has been in operation since 2002, when the defined contribution pension system was introduced in Japan, so that customers can enjoy long-term returns from global growth. I set it to . Since then, the fund has grown to become the largest DC-only fund in Japan*. Along with Nomura DC Foreign Stock Index Fund/MSCI-KOKUSAI, which was established in 2007, these funds are our flagship foreign stock funds and have been adopted by many DC plans.
Even in the past year, we have been in first and second place in the net increase in funds (amount established by subtracting redemption amount from March 2023 to February 2024) in DC-only funds, and continue to enjoy wide support. Masu※.
As the Japanese government promotes the “Plan to Realize an Asset Management Nation,” we will continue to promote products and solutions that will lead to the development of defined contribution pension systems, including both funds. We will continue to provide competitive products and services to investors with the aim of becoming Japan’s leading asset management company, chosen by customers around the world.
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Calculated by our company based on Fundmark data (as of the end of February 2024). In terms of net increase, Nomura Foreign Stock Index Fund/MSCI-KOKUSAI (for defined contribution pensions) came in first place, and Nomura DC Foreign Stock Index Fund/MSCI-KOKUSAI came in second place.
[Reference]
Our website Investment trust information https://www.nomura-am.co.jp/lineup/
that’s all
* -About the copyright of the MSCI-KOKUSAI index-*
MSCI Indices are owned exclusively by MSCI. MSCI and MSCI indices are service marks of MSCI and its affiliates and are licensed for use by Nomura Asset Management Co., Ltd. for certain purposes.
The legality and suitability of any fund mentioned herein has not been determined by, and has not been determined by, MSCI, its affiliates, or any other party involved in or involved in the creation or compilation of MSCI indices. It does not publish, sponsor, endorse, sell, operate or promote any funds mentioned herein, and does not make any warranties or assume any liability with respect to any funds mentioned herein.
The billing prospectus contains a more detailed description of the limited relationship MSCI has with Nomura Asset Management Co., Ltd. and its affiliated funds.
* -Notice from Nomura Asset Management-*
* ■Investment risks of the above two funds for defined contribution pension plans*
[Factors of fluctuation in base price]
The fund’s NAV is affected by the price movements of the securities in which it invests, but all profits and losses from these operations belong to the investors. Therefore, investors’ investment principal in the fund is not guaranteed, and due to a decline in the base price, investors may incur losses and lose their investment principal. Please note that investment trusts are different from deposits.
・Stock price fluctuation risk: Since the Fund essentially invests in stocks, it is affected by stock price fluctuations.
・Foreign exchange fluctuation risk: The Fund does not, in principle, conduct foreign exchange hedging for its real foreign
currency-denominated assets, so they are affected by exchange rate fluctuations.
The factors that change the base price are not limited to the above.
[Other points to note]
・The provisions of Article 37-6 of the Financial Instruments and Exchange Act (so-called cooling-off) do not apply to fund
transactions.
・The fund may experience a temporary decline in the liquidity of its assets if a large number of redemptions occur and it becomes necessary to allocate funds for redemption in a short period of time, or if the market environment in the main trading market changes suddenly. There is a risk that you will not be able to trade at a price that can be expected based on market conditions, or that your trading volume will be limited. This may have a negative impact on the base price, the acceptance of redemption applications may be canceled, and the payment of redemption proceeds may be delayed.
・Depending on capital trends, market trends, etc., or in the event of unforeseen events, it may not be possible to operate in accordance with the investment policy.
・There is a possibility that interest payments and redemption payments may be delayed by the issuers of the securities that the Fund actually invests in.
・In transactions related to funds, such as investments in securities, there is a possibility that the contract will not be fulfilled due to bankruptcy of the other party.
・The fund’s NAV and the target index do not match completely due to factors such as expenses. Also,
There is no guarantee that the Fund’s investment performance will match or exceed the underlying index.
・If there is a purchase or sale in the mother fund that is the investment target due to fluctuations in the funds of other baby funds, etc., the NAV of the fund may be affected.
・The Fund may make distributions in excess of the investment income (dividends and other income after deducting expenses and trading gains including valuation gains) generated during the calculation period. Therefore, the level of a Fund’s distributions is not necessarily indicative of the Fund’s rate of return for the calculation period. Depending on the circumstances of each investor’s individual principal (the principal acquired by each investor who owns an incremental investment trust), part or all of the distribution amount may actually correspond to a partial refund of the principal. there is.
Unlike interest on deposits, dividends are paid from the fund’s net assets, so the net assets after distributions are paid will decrease by a corresponding amount, which will cause the base price to decline. Even if there is investment income during the calculation period, if distributions exceed that investment income, the NAV on the current fiscal year’s closing date will fall compared to the NAV on the previous fiscal year’s closing date.
* ■Costs related to the two defined contribution pension funds listed above as of the end of February 2024*
Expenses directly borne by investors
・There is no commission fee at the time of purchase.
・Trust property retention amount: None.
Expenses indirectly borne by investors with trust assets
・Management costs (trust fees): These are incurred during the holding period of the fund, depending on the period.
0.09889% per year (0.0899% excluding tax)
・Other expenses/fees will be incurred each time the fund is held. (We are unable to indicate the rate, upper limit, etc. in advance, as it varies depending on the operational status, etc.)
– Brokerage commissions incurred when buying and selling securities, etc. ・Costs required for storage of foreign currency-denominated assets, etc. ・Costs related to fund audits paid to auditing firms, etc.
・Fund-related taxes, etc.
The total amount of the above expenses cannot be displayed as it varies depending on the period during which investors hold the fund. Taxation: If the beneficiary is an asset management institution stipulated in the Defined Contribution Pension Act, the National Pension Fund Federation, etc., no income tax, special income tax for reconstruction, or local tax will be levied.
*For details, please refer to “Fund Expenses and Taxes” in the investment trust manual (delivery prospectus).
* ■About this material*
This document was created by Nomura Asset Management for the purpose of providing reference information regarding the fund.
This material has been created based on information considered to be reliable, but we do not guarantee the accuracy or completeness of the information.
All information contained in this document is from before the time this document was created and is subject to change without prior notice.
Nothing contained in this material indicates or guarantees future performance or investment returns.
* About us *
Trade name: Nomura Asset Management Co., Ltd.
Financial Instruments Business Operator Kanto Local Finance Bureau (Kinsho) No. 373
Member Associations: Investment Trusts Association, Japan / Japan Investment Advisers Association, Type 2 Financial Instruments Business Association
Website: https://www.nomura-am.co.jp/
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