Smart Australian Dividend ETF — Net Asset Value 2017

Apr 17, 2017

Tuesday, 18 April 2017

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ASD NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the Australian Dividend Fund (ASD) as at 13 April 2017.

Units on Issue:	39,790,493
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$1.73771
Tracking Difference:	1.89%

The objective of the Australian Dividend Fund (ASD) is to provide a return that closely matches the return on the S&P/ASX Dividend Opportunities Index. The S&P/ASX Dividend Opportunities Index comprises the 50 highest yielding common stocks from the Australian equity market.

The following companies are currently held in the Fund:

	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-	Units on Issue:39,790,493Units Allotted/(Redeemed):-
	Net Tangible Assets (NTA):$1.7377Tracking Difference:1.89%				the Fund:D) is to provide a return that closely matches thedex. The S&P/ASX Dividend Opportunities Indexs from the Australian equity market.
	The following companies are currently held inThe objective of the Australian Dividend Fund (ASreturn on the S&P/ASX Dividend Opportunities Incomprises the 50 highest yielding common stock
	Cd	rit dritin
	oe
	ABC	Adelaide Brighton Ltd.
	AGL	AGL Energy Ltd.
	AHG	Automotive Holdings Group Ltd.
	AHY	Asaleo Care Ltd.
	AMP	AMP Ltd.
	APA	APA Group
	AST	AusNet Services Ltd.
	ASX	ASX Ltd.
	AWC	Alumina Ltd.
	AZJ	Aurizon Holdings Ltd.
	BEN	Bendigo and Adelaide Bank Ltd.
	BLD	Boral Ltd.
	BOQ	Bank of Queensland Ltd.
	CBA	Commonwealth Bank of Australia
	CGF	Challenger Ltd.
	CSR	CSR Ltd.
	CWN	Crown Resorts Ltd.
	DLX	DuluxGroup Ltd.
	DOW	Downer EDI Ltd.
	DUE	Duet Group
	ECX	Eclipx Group	Ltd.
	FXJ	Fairfax Medi	a Ltd.
	GEM	G8 Educatio	n Ltd.
	GMA	Genworth Mo	rtgage Insurance	Australia Ltd		.
	GWA	GWA Group	L
			td.
	HVN	Harvey Norm	an Holdings Ltd.
	IFL	oof Holdings	Ltd.
	JBH	JB Hi-Fi Ltd.
	LLC	ndL	r
		eease	oup
	MFG	Magellan Fin	ancial Group Ltd.
		McMillan Sha
	MMS		kespeare Ltd.
	MPL	Medibank Pri	vate Ltd.
	MQG	Macuarie G	roup Ltd.
		q
	NAB	National Aus	tralia Bank Ltd.
	NVT	Navitas Ltd.

www.smartshares.com

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PPT	Perpetual Ltd.
QBE	QBE Insurance Group Ltd.
RFG	Retail Food Group Ltd.
RIO	Rio Tinto Ltd.
SIP	Sigma Pharmaceuticals Ltd.
SKI	Spark Infrastructure Group
SPK	Spark New Zealand Ltd.
SPO	Spotless Group Ltd.
SUL	Super Retail Group Ltd.
SUN	Suncorp Group Ltd.
SVW	Seven Group Holdings Ltd.
TAH	Tabcorp Holdings Ltd.
TLS	Telstra Corporation Ltd.
WBC	Westpac Banking Corporation
WES	Wesfarmers Ltd.

About Smartshares

Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF (TNZ - the NZ Top 10 Fund) in 1996. Smartshares is New Zealand’s only issuer of ETFs listed on the NZX Main Board, with in excess of 10,000 unit holders and more than NZD $1.6 billion of funds under management. The Special Division of the New Zealand Markets Disciplinary Tribunal regulates Smartshares in a similar way to NZX Regulation’s regulation of other listed issuers. Smartshares funds are listed on NZX so you can buy or sell them just like individual shares. The listed funds are designed to “track” (or, in some cases, outperform) an index. Each Smartshares ETF is designed to provide investors with similar returns to a direct investment in all the securities that make up the ETF. To learn more and obtain a copy of the Product Disclosure Statement, please visit: www.smartshares.co.nz

For further information please contact: Smartshares Limited 0800 80 87 80 smartshares@smartshares.co.nz

www.smartshares.com