Smart Australian Dividend ETF — Net Asset Value 2017

Nov 27, 2017

Tuesday, 28 November 2017

==> picture [174 x 29] intentionally omitted <==

ASD NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the Australian Dividend Fund (ASD) as at 27 November 2017.

Units on Issue:	42,415,493
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$1.76228
Tracking Difference:	1.87%

Please note Basket applications and redemptions will be unavailable from Wednesday 15 November to Thursday 30 November. Basket applications and redemptions will resume on Friday 1 December.

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:

The following companies ar comprises the 50 highest yield	The following companies ar comprises the 50 highest yield	The following companies ar comprises the 50 highest yield	ing common stocks from the Australian equity market.	ing common stocks from the Australian equity market.	ing common stocks from the Australian equity market.	ing common stocks from the Australian equity market.	ing common stocks from the Australian equity market.
			e currently held in the Fund	:
	Code	Security descr	iption
	ABC	Adelaide Briht	on Ltd
		g	.
	AHG	Automotive Hol	dings Group Ltd.
	AHY	Al C L
		saeo are t	.
	AMP	AMP Ltd.
	APA	APA Group
	APO	APN Outdoor G	roup Pty.
	AST	AusNet Service	s Ltd.
	ASX	ASX Ltd.
	AWC	Alumina Ltd.
	AZJ	Aurizon Holding	s Ltd.
	BEN	Bendigo and A	delaide Bank Ltd.
	BLD	Boral Ltd.
	BOQ	Bank of Queen	sland Ltd.
	CBA	Commonwealth	Bank of Australia
	CSR	Challenger Ltd.
	CWN	Crown Resorts	Ltd.
	DLX	DuluxGroup Ltd	.
	DOW	Downer EDI Lt	d.
	ECX	Eclipx Group Lt	d.
	FMG	Fortescue Meta	ls Group Ltd.
	FXJ	Fairfax Media L	td
			.
	GEM	G8 Education L	td.
	GMA	Genworth Mort	ae Insurance Australia Ltd
			g .
	GWA	GWA Group Lt	d.
	HVN	Harvey Norma	Holdings Ltd.
	IFL	Ioof Holdings L	td.
	JBH	JB Hi-Fi Ltd.
	JHC	Japara Healthc	are Ltd.
	MMS	McMillan Shak	espeare Ltd.
	MPL	Medibank Priva	te Ltd.
	MQG	Macquarie Group Ltd.

www.smartshares.com

==> picture [174 x 29] intentionally omitted <==

NAB	National Australia Bank Ltd.
NVT	Navitas Ltd.
PMV	Premier Investments Ltd.
PPT	Perpetual Ltd.
PTM	Platinum Asset Management Ltd.
QBE	QBE Insurance Group Ltd.
RFG	Retail Food Group Ltd.
RIO	Rio Tinto Ltd.
RRL	Regis Resources Ltd.
SIG	Sigma Pharmaceuticals Ltd.
SKI	Spark Infrastructure Group Ltd.
SPK	Spark New Zealand Ltd.
SUL	Super Retail Group Ltd.
SUN	Suncorp Group Ltd.
SVW	Seven Group Holdings Ltd.
TAH	Tabcorp Holdings Ltd.
TGR	TassalGroupLtd.
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:

www.smartshares.com