Daiwa Asset Management told holders of three exchange-traded funds on August 6 what to expect from the next round of unit distributions, and the numbers vary sharply by asset class. The TOPIX High Dividend Yield 40 Index ETF, ticker 1651 on the Tokyo Stock Exchange, is estimated to pay ¥5 per unit. Two US Treasury ETFs from the same iFreeETF lineup, one currency-hedged and one not, are pointing to distributions of ¥15 and ¥38 per unit respectively.
The estimates are dated to figures as of August 5, 2026, and cover the calculation period ending August 10, 2026.
| Fund | Ticker | Estimated distribution |
|---|---|---|
| iFreeETF TOPIX High Dividend Yield 40 Index | 1651 | ¥5 per unit |
| iFreeETF U.S. Treasury 3-5 Year (currency-unhedged) | 381A | ¥38 per unit |
| iFreeETF U.S. Treasury 3-5 Year (currency-hedged) | 382A | ¥15 per unit |
iFreeETF is Daiwa's index-tracking ETF brand, and the three funds in this notice sit in different corners of the lineup. Ticker 1651 tracks the TOPIX High Dividend Yield 40 Index, a basket of income-focused Japanese equities. Tickers 381A and 382A both track a 3-5 year US Treasury index, differing only in whether currency risk against the yen is hedged. Daiwa's notice also states that the per-unit figures match each fund's exchange trading unit, so an investor holding a single board lot receives these amounts directly rather than some multiple or fraction of them.
Daiwa issued this estimate a few days before the calculation period closes, giving holders and prospective buyers a preview before the final payout is locked in. The filing carries the standard caveat attached to this kind of notice: the figures are provisional, and if units are created or redeemed in any of the three funds before the August 10 cutoff, the assumptions behind the estimate change and the final distribution can move with them.
The disclosure does not include each ETF's unit price, net assets, or distribution history, so there is no basis here for comparing yield across the equity tracker and the two Treasury funds. What the notice confirms is the raw per-unit amount investors can expect around period-end, issued under Daiwa's president and routed through the company's disclosure department.