S&P/ASX200 A-REIT Index is a REIT index developed by Standard & Poor’s Financial Services LLC and calculated by determining the weighted average after subsequent flotation adjustment by market capitalization ratio of the REIT listed on the Australian Securities Exchange, then assigning index values accordingly.

S&P/ASX 200A-REIT Inde

Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”), and ASX® is a registered trademark of the ASX Operations Pty Ltd (“ASX”).

These trademarks have been licensed for use by Nikko Asset Management. S&P, ASX or their respective affiliates do not support, recommend, distribute, or promote the Listed Index Fund Australian REIT (S&P/ASX200 A-REIT) (“The Fund”) and make no expression, guarantee, or condition on the suitability of investment in this product.

THIS FUND IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY STANDARD & POOR'S FINANCIALSERVICES LLC ANDITSAFFILIATES ("S&P") OR BY THE ASX OPERATIONS PTY LTD AND ITS AFFILIATES (“ASX”).

S&P AND ASX MAKE NO REPRESENTATION, CONDITION OR WARRANTY, EXPRESS OR IMPLIED, TO THE OWNERS OF THE FUND OR ANY MEMBER OF THE PUBLIC REGARDING THE ADVISABILITY OF INVESTING IN SECURITIES GENERALLY OR IN THE FUND PARTICULARLY OR THE ABILITY OF THE S&P/ASX 200 A-REIT Index TO TRACK MARKET PERFORMANCE AND/OR TO ACHIEVE ITS STATED OBJECTIVE AND/OR TO FORM THE BASIS OF A SUCCESSFUL INVESTMENT STRATEGY, AS APPLICABLE. S&P'S AND ASX’S ONLY RELATIONSHIP TO NIKKO ASSET MANAGEMENT IS THE LICENSING OF CERTAIN TRADEMARKS AND TRADE NAMES AND OF THE S&P/ASX200 A-REIT Index WHICH IS DETERMINED, COMPOSED AND CALCULATED BY S&P WITHOUT REGARD TO NIKKO ASSETMANAGEMENT OR THE FUND. S&P AND ASX HAVE NO OBLIGATION TO TAKE THE NEEDS OF NIKKO ASSET MANAGEMENT INTO CONSIDERATION IN DETERMINING, COMPOSING OR CALCULATING THE S&P/ASX 200A-REITIndex.

S&P AND ASX ARE NOT ADVISORS TO THE FUND AND ARE NOT RESPONSIBLE FOR AND HAVE NOT PARTICIPATED IN THE DETERMINATION OF THE PRICES AND AMOUNT OF THE FUND OR THE TIMING OF THE ISSUANCE OR SALE OF THE FUND OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY WHICH THE FUND SHARES ARE TO BE CONVERTED INTO CASH. S&P AND ASX HAVE NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING, OR TRADING OF THE FUND. S&P AND ASX DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE S&P/ASX 200 A-REIT Index OR ANY DATA INCLUDED THEREIN AND S&P AND ASX SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN.

S&P AND ASX MAKE NO WARRANTY, CONDITION OR REPRESENTATION, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY NIKKO ASSET MANAGEMENT, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P/ASX 200 A-REIT Index OR ANY DATA INCLUDED THEREIN. S&P AND ASX MAKE NO EXPRESS OR IMPLIED WARRANTIES, REPRESENTATIONS OR CONDITIONS, AND EXPRESSLY DISCLAIM ALL WARRANTIES OR CONDITIONS OF MERCHANT ABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE AND ANY OTHER EXPRESS OR IMPLIED WARRANTY OR CONDITION WITH RESPECT TO THE S&P/ASX 200 A-REIT Index OR ANY DATA INCLUDED THEREIN.

WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL S&P OR ASX HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS) RESULTING FROM THE USE OF THE S&P/ASX 200 A-REIT Index OR ANY DATA INCLUDED THEREIN, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.