OREANDA-NEWS. The Dai-ichi Life Insurance Company, Limited and DIAM Co.,Ltd jointly developed a new Smart Beta model for Japanese equity, which is designed to invest in the high-growth companies in Japan with Dai-ichi Life's expertise in the long-term stock investment and DIAM's in the sophisticated quantitative investment.

Smart Beta is a generic concept of indices whose weights are determined by different methods from the conventional market capitalization's.

The model is focused not only on "value" and "small", but also on "growth potential" of the companies, while general Smart Beta models, having been becoming the focus of attention, are mostly developed with investment strategies such as "value" and "low volatility" (Refer to the attached sheet for details).

As the model is designed with a concept of investing in 200 "Japanese" "high-growth" companies based on the model, named it as "Japan Smart Growth 200 (hereinafter, JSG200)".

In order to promote the initiative and to further accelerate its investments in growing fields, Dai-ichi life is investing up to JPN 20bilin investment funds which refer to the JSG 200.

At the same time, DIAM intends to expand the recognition of JSG200, and will provide the investment products on the basis ofJSG200 with a wide range of investors.