Nikko AM Japan Value A JPY

The investment objective of the Sub-Fund is to achieve a long term return. The Sub-Fund will seek to achieve its investment objective through capital appreciation and dividends by primarily investing in Japanese companies listed on the Tokyo Stock Exchange. The Sub-Fund in normal market conditions will follow a value strategy, investing in companies identified as mispriced based on fundamental research. The Reference Currency of the Sub-Fund is JPY and assets of the Sub-Fund are denominated in JPY. However, some Share Classes are denominated in a currency which is different to the Reference Currency. Therefore, each such Share Class may be exposed to currency risk due to fluctuations in the different exchange rates.