1570 – NEXT FUNDS Nikkei 225 Leveraged Idx ETF – ETF Investment Strategy

Strategy

The investment seeks to replicate, net of expenses, the Nikkei 225 Leverage Index. The index represents the doubled performance of the Nikkei Stock Average (Nikkei 225). The index value on a given day is calculated by multiplying the index value on the previous day by the doubled daily return based on the percentage change in the Nikkei 225 on the current day.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
1570	NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund	ETF	Open	—	—	Apr 10, 2012	¥731.67B	—	—	¥1	¥259.83B

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NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund 1570 Strategy

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