Fund Manager:
DIAM

Research Provider:
Integrex

Fund Name:
High Rated Income Open SRI Fund (Nickname; Happy Clover SRI)

Launch Date:
Dec-05

Screening (except economy):
Social responsibilities

KEY Characteristics:
Happy Clover SRI is operated in the form of a family fund. Investment asset is to be split into: overseas bonds (75%) and Japanses equity (25%). In terms of equity investment, the fund aims to invest in companies with growth potential as well as high standard of CSR compliance. As for overseas bonds, the fund seeks to invest in countries with ample natural resourses (i.e Norway and Canada) where high return is expected. No foreign-exchange hedging activities.

Asset Value:
1.8 billion Yen