Fund Outline - China A Share (Panda)

The following information is for customers who will make transactions through the Tokyo Stock Exchange.

Fund Name

Listed Index Fund China A Share (Panda) CSI 300
Open-ended type investment trust / fund of funds

Tokyo Stock Exchange Issue Code

1322

Targeted Investments

The Fund invests in securities investment trusts that target price performance linked to the Chinese Security Index (CSI) 300 Index (yen-equivalent basis)

Listed Exchange

Tokyo Stock Exchange

Date Listed

11 April 2008 (launched on 7 April 2008)

Exchange Trading Unit

10 units

Trust Period

Unlimited

Computation Period

From 21 January of each year to 20 January of the following year

Closing Date

20 January of each year (fixed date for dividend payment)

Dividends

All revenue from dividends arising from the trust assets will be, in principle, paid as dividends on the last day of the fiscal year after deducting expenses
*There is no guarantee on the payment or the amount of dividend

Overview of Fees & Expenses

The following fees and expenses are charged to investors:

Fees collected at the time of trading
Trading fee	Stipulated by the broker. Please contact the broker for details.
Costs paid indirectly by the customer for the trust assets (paid from the fund)
Trust fee	Approximately 0.9975% (0.95% excluding taxes) per annum of net assets. The breakdown of the trust fee rate is as follows: the fund’s trust fee rate is no higher than 0.7875% per annum (0.75% before tax) and the trust fee rate for incorporating investment trust securities targeted for investment is approximately 0.21% per annum (0.2% before tax). *The figures for items such as the rate and maximum amount cannot be provided in advance as they fluctuate in line with investment performance and other factors.
Other fees and costs	No more than 0.1% per annum of the daily total NAV of the Fund Expenses for preparation and distribution of prospectuses, audit costs, expenses for listing of the Fund, as well as royalties for the CSI300 Index are paid out of the trust assets at the times specified by the Management Company. Brokerage commissions on securities in the portfolio, interest on advances, and other fees are paid out of the trust assets each time they are incurred. *Rates, upper limit, etc. cannot be determined in advance as they fluctuate in line with investment performance and other factors.

The total amount of expenses of the Fund to be borne by investors varies according to holding length and investment status, and thus cannot be shown.

Trustee Companies

Nomura Trust and Banking Corporation