Nomura NEXT FUNDS International REIT S&P Developed REIT Index (ex Japan Unhedged) ETF - JPY Share Price

The Fund aims at investment performance linked to the S&P Developed ex Japan REIT Index (Total Return) converted into Japanese Yen, which means NAV volatility is to correspond with that of the Benchmark Index. S&P Developed ex Japan REIT Index (Total Return) is an index calculated by extracting REIT and other equities based on the system similar to REIT from the S&P Global Stock Index, which is a global index of S&P. This index is calculated daily based on market capitalization after floating stock adjustments of the Real Estate Investment Trust (REIT) and other equities based on the similar system of REIT listed in developed countries. Constituent counties and constituent equities of this index can vary because of the regular revisions. In principle, the Benchmark Index in dollar is converted into Japanese yen by the Management Company using the average price of the telegraphic transfer customer rates of the next business day of the Benchmark Index calculation date.