[Nikko Asset Management] Regarding the establishment of “New Muse Niche U.S. BDC Fund (no currency hedging, distribution type 4 times a year)”
*Nikko Asset Management Co., Ltd.*
Press release: August 5, 2024
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[Nikko Asset Management] Regarding the establishment of “New Muse Niche U.S. BDC Fund (no currency hedging, distribution type 4 times a year)”
Nikko Asset Management Co., Ltd. (hereinafter referred to as “Nikko Asset”) is an add-on investment trust that invests in BDCs (Business Development Companies) listed on financial instruments exchanges in the United States. (No currency hedging, distribution type 4 times a year)” is scheduled to be established and begin operation on August 21st. This fund is a product eligible for the growth investment limit of the NISA system [1].
“New Muse Niche U.S. BDC Fund” is a fund that invests in BDCs and aims to secure income income and grow trust assets. In February 2017, Nikko Asset launched “New Muse Niche U.S. BDC Fund (no currency hedging, monthly distribution type)” and “New Muse Niche U.S. BDC Fund (with currency hedge, monthly distribution type),” which have monthly settlements. “New Muse Niche U.S. BDC Fund (no currency hedging, twice a year settlement type)” and “New Muse Niche U.S. BDC Fund (with currency hedge, twice a year settlement type)” have been established. , has continued to operate. This time, we will newly establish the “New Muse Niche U.S. BDC Fund (no currency hedging, distribution type 4 times a year)” which aims to settle accounts and pay dividends 4 times a year.
Product name: “New Muse Niche U.S. BDC Fund (no currency hedging, distribution type 4 times a year)”
Product classification: Add-on investment trust/Overseas/Other assets Setting date: August 21, 2024
[1] Handling may vary depending on the sales company.
* About “New Muse Niche U.S. BDC Fund (no currency hedging,
distribution type 4 times a year)” *
(The following materials refer to the above funds as well as “New Muse Niche U.S. BDC Fund (no currency hedge, monthly distribution type)”, “New Muse Niche U.S. BDC Fund (with currency hedge, monthly
distribution type)”, “New Muse Niche U.S. BDC Fund (with currency hedge, monthly distribution type)” This is common material for the five funds: Niche U.S. BDC Fund (no currency hedge, twice-yearly settlement type) and New Muse Niche U.S. BDC Fund (with currency hedge, twice-yearly settlement type).
*Other considerations*
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This document provides investors with information on the “New Muse Niche U.S. BDC Fund (no currency hedging, distribution type 4 times a year)” and the “New Muse Niche U.S. BDC Fund (no currency hedging, monthly distribution type)”. New Muse Niche U.S. BDC Fund (with currency hedge, monthly distribution type), New Muse Niche U.S. BDC Fund (no currency hedge, semi-annual settlement type), New Muse Niche U.S. BDC Fund (with currency hedge, This is a sales material created by Nikko Asset Management for the purpose of increasing understanding of the “Twice-Annual Settlement Type”.
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When applying for this fund, the sales company will provide you with an investment trust explanatory document (prospectus), so please be sure to read the contents and make your own decisions.
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“New Muse Niche U.S. BDC Fund (no currency hedging, quarterly distribution type)” will file a securities registration statement in August 2024 pursuant to Article 5 of the Financial Instruments and Exchange Act (Act No. 25 of 1942). Although we submitted the notification to the Director of the Kanto Local Finance Bureau on the 5th, the notification has not become effective. Therefore, the contents of this document may be amended before it becomes effective.
that’s all
* Nikko Asset Management Co., Ltd. *
Financial Instruments Business Operator Kanto Local Finance Bureau (Kinsho) No. 368
Member associations: The Investment Trusts Association of Japan, Japan Investment Advisors Association of Japan