Notice regarding the extension of the period for reducing the trust fee rates of NEXT FUNDS S&P 500 (Unhedged) Exchange Traded Fund (Code:2633) and NEXT FUNDS S&P 500 (Yen-Hedged) Exchange Traded Fund (Code:2634)

November 5, 2021

Nomura Asset Management Co., Ltd. hereby announces that we are extending the period for reducing the trust fee rates of the following ETFs.

Target ETFs
NEXT FUNDS S&P 500 (Unhedged) Exchange Traded Fund (Code:2633)
NEXT FUNDS S&P 500 (Yen-Hedged) Exchange Traded Fund (Code:2634)

Period for reducing the trust fee rates
Before the amendment: From March 29, 2021 to March 30, 2022
After the amendment: From March 29, 2021 to December 20, 2022

The trust fee rates for the target ETFs are as follows:

Trust fee rates during the reduction period	0.077%/year (0.07%/year, tax exclusive)
Trust fee rates after the end of the reduction period	0.099%/year (0.09%/year, tax exclusive)