Investment Trusts in General

• Investment trusts are not deposits. Neither principal nor yield is therefore guaranteed.
• Investment trusts are not covered by the deposit insurance system. Investment trusts sold by the Bank will be purchased through Comprehensive Securities Accounts at SBI Securities Co., Ltd. or Monex, Inc. (SBI Securities Co., Ltd. and Monex, Inc. may collectively be referred to as “Entrusted Financial Instruments Transaction Operators,” or either of the two companies may be referred to as the “Entrusted Financial Instruments Transaction Operator” depending on the context of this document hereinafter), meaning that the investment trusts are covered by the Investor Protection Funds. (Monex, Inc. calls Comprehensive Securities Accounts “Comprehensive Securities Transaction Accounts,” however, this document calls all accounts of Entrusted Financial Instruments Transaction Operators “Comprehensive Securities Accounts.”)
• Investment trusts invest mainly in domestic and foreign securities. The principal amount invested may therefore fall below its original value due to a fall in the standard price (or the net asset value in the case of foreign investment trusts) caused by fluctuation in the prices of stocks or bonds incorporated in the portfolio as a result of changes in interest rates, changes in foreign exchange rates, changes in the issuer’s credit standing and changes in the political and economic situation inside and outside Japan.
• The value of foreign currency-denominated investment trusts converted into yen may fall below their original value due to foreign exchange rate fluctuations even if their foreign currency-denominated value has not fallen below their original value.
• Past performance does not guarantee future performance. Profits and losses from investment are all attributable to the customer who purchased the investment trust.
• Investment trust transactions incur fees and expenses which will be paid by customers directly or indirectly. The examples of fees and expenses are shown below. Their rates and upper limits, etc. cannot be provided in advance because fees and expenses may differ by a. the Entrusted Financial Instruments Transaction Operator selected by the customer, b. the transaction type designated by the Entrusted Financial Instruments Transaction Operator, c. the fund purchased, d. the amount purchased, e. performance and f. the customer’s holding period of the fund. Please check prospectuses including their supplementary documents and websites of the Bank and Entrusted Financial Instruments Transaction Operators for fees and expenses. SBI Shinsei Bank may gain as compensation part of the fees and expenses paid by the customer to the Entrusted Financial Instruments Transaction Operator, etc.
  • At the time of application: The application fee for a financial instruments brokerage transaction is free of charge whether the application is made over the Bank’s counter or via the internet. However, some funds may charge an amount retained in trust assets at the time of application. Customers applying for transactions at SBI Shinsei Bank Money Plaza may be charged application fee to be paid to SBI Securities Co., Ltd. Please check SBI Securities Co., Ltd.’s website for details.
  • During investment: Investment management costs (i.e., trust/custodial fees) will be deducted from trust assets every day. In addition, audit fees will be deducted from trust assets during the holding period, and brokerage fees and custody fees for incorporated assets will be deducted from trust assets at the time of trading securities.
  • At the time of redemption: Some funds charge amounts retained in trust assets and redemption fees.
  Please check the following site for the fees, expenses and notes related to transactions with SBI Securities Co., Ltd.:
  Fees:
  https://www.sbisec.co.jp/ETGate/?_ControlID=WPLETmgR001Control&_DataStoreID=DSWPLETmgR001Control&burl=search_home&cat1=home&cat2=price&dir=price%2F&file=home_price.html&getFlg=on
  (Please check the following site for the fees related to transactions at SBI Shinsei Bank Money Plaza:)
  https://www.sbisec.co.jp/ETGate/WPLETmgR001Control?OutSide=on&getFlg=on&burl=search_home&cat1=home&cat2=price&dir=price&file=home_price_plan_a.html
  (Notes)
  https://search.sbisec.co.jp/v2/popwin/info/home/pop6040_torihikihou.html
  Please check the following site for the fees, expenses and notes related to transactions with Monex, Inc.:
  https://info.monex.co.jp/policy/risk/index.html
  
• In addition to the fees and expenses mentioned above, exchange fees set forth by the Entrusted Financial Instruments Transaction Operator the Bank or customer has selected are charged for exchanging yen into a foreign currency or exchanging a foreign currency into yen at the time of purchase or redemption of investment trusts.
• Regarding the redemption (cancellation/repurchase) of investment trusts, some funds have a closed period for applications or accept applications only on specific dates. It may also take some time until redemption is completed.
• When applying for purchasing investment trusts, please make your decisions by yourself by checking the contents of the latest prospectuses and their supplementary documents in advance.
• Prospectuses and their supplementary documents are available at the Bank’s counters. When applying for purchasing investment trusts via the internet, please confirm the prospectuses and their supplementary documents on the website of the Entrusted Financial Instruments Transaction Operator you have selected.
• Establishment and management of investment trusts are undertaken by investment trust management companies (or management companies in the case of foreign investment trusts). Custody of entrusted assets is undertaken by trust banks.
• The Bank undertakes financial instruments brokerage entrusted by SBI Securities Co., Ltd. or Monex, Inc. The customer’s applications for purchasing the investment trusts handled by the Bank is therefore transferred to the Entrusted Financial Instruments Business Operator selected by the customer. The customer needs to open a comprehensive securities account at either SBI Securities Co., Ltd. or Monex, Inc. for transactions, and investment trust transactions will be those between the customer and the Entrusted Financial Instruments Business Operator once the account is opened. Please also note that some products offered by SBI Securities Co., Ltd. or Monex, Inc. are not handled by the Bank.
  The customer’s personal information and transaction-related information are shared between the Bank and the Entrusted Financial Instruments Business Operator selected by the customer. The information is used within the scope of the purposes of use of personal information between the Bank and SBI Securities Co., Ltd. or between the Bank and Monex, Inc.
  Whether the customer conducts financial instruments brokerage transactions with the Bank does not affect the customer’s other transactions with the Bank such as loans. Similarly, the customer’s transactions with the Bank such as loans do not affect the customer’s financial instruments brokerage transactions.

<Entrusted Financial Instruments Business Operators>
Trade name: SBI Securities Co., Ltd., Financial instruments business operator number: Kin-sho 44 of the Director-General of the Kanto Local Finance Bureau, commodity futures trader
A member of the Japan Securities Dealers Association, the Type II Financial Instruments Firms Association, the Financial Futures Association of Japan, the Japan Security Token Offering Association and the Commodity Futures Association of Japan
Trade name: Monex, Inc., Financial instruments business operator number: Kin-sho 165 of the Director-General of the Kanto Local Finance Bureau.
A member of the Japan Securities Dealers Association, the Type II Financial Instruments Firms Association, the Financial Futures Association of Japan, the Japan Virtual and Crypto Assets Exchange Association and the Japan Investment Advisers Association.

［as of June 1, 2023］