Nomura Asset Management U.S.A. Inc. (“NAM-USA”) is based in New York City and provides investment advisory and investment management services to institutional investors. NAM-USA is a wholly owned subsidiary of Nomura Asset Management Co., Ltd. (NAM-Tokyo”) which is wholly owned by Nomura Holdings, Inc., a Japanese public company. NAM-Tokyo and its investment management subsidiaries located throughout the world are collectively referred to as Nomura Asset Management or the NAM Group.

When hiring NAM-USA, clients can gain access to the portfolio management services, research and other resources of the NAM Group. For all client accounts, NAM-USA delegates investment discretion and trading authority to one or more of its affiliates.

At Nomura Asset Management, we utilize our worldwide presence to formulate a global strategy uniquely informed by local expertise, placing a strong emphasis on discipline in the investment process, original research, technological development, and client service. Commitment to these principles helps us achieve our very simple goals: satisfied clients and competitive performance.

Nomura Asset Management U.S.A. Inc. (“NAM-USA”) is part of the NAM Group. NAM-USA will delegate investment discretion and trading authority to one or more of its affiliates for all client accounts. The investment philosophies, strategies and teams described herein are those of a NAM-USA affiliate. This website is a general communication. It is being provided for information purposes only, and is subject to change without notice. Nothing herein is intended to constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Any examples used in this material are generic, hypothetical and for illustration purposes only. The views and strategies described may not be suitable for all investors. Investing involves risk.