Amova-StraitsTrading Asia ex Japan REIT Index ETF CFA

Amova-StraitsTrading Asia ex-Japan REIT Index ETF's portfolio represents a small subset of the investment opportunity set available to its peers in the property indirect Asia Morningstar Category, but this narrow focus has not resulted in elevated risk over the long term. It is managed by Amova’s Singapore-based team, which runs a small portion of the firm's overall passive assets under management. At a global level, Amova has a long history in passive fund management and is well-equipped in the space. As a result, the strategy earns a Process rating of Average and a People rating of Above Average. The exchange-traded fund was renamed from NikkoAM-StraitsTrading Asia ex-Japan REIT ETF effective Sept. 1, 2025, following the firm's rebranding.