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Smart Australian Mid Cap ETF — Report Publication Announcement 2016
Dec 21, 2016
66235_rns_2016-12-21_cce02228-3034-40f4-9a8c-adf786d6426d.pdf
Report Publication Announcement
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Level 7, Zurich House, 21 Queen Street, PO Box 105262, Auckland, New Zealand [email protected]
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21 December 2016
Smartshares Limited releases half year results for the Australian Mid Cap Fund (MZY)
Smartshares Limited, a wholly owned subsidiary of NZX Limited, have announced the half year results for the Australian Mid Cap Fund.
The NZX Australian Mid Cap Index Fund was resettled on 7 November 2016 as the Australian Mid Cap Fund, prior to which the Australian Mid Cap Fund was a shell entity. On 7 November 2016 the NZX Australian Mid Cap Index Fund resettled its assets into the Australian Mid Cap Fund at a total value of $79,414,000.
As a result, the attached half year results are the wind-up accounts for the NZX Australian Mid Cap Index Fund, covering the period 1 April 2016 to 9 November 2016. Smartshares Limited considers that this provides unitholders with the most relevant financial information.
For more information please contact:
Stephen Upton Head of Operations, NZX Funds Management T: 09 375 9163 E: [email protected]
About Smartshares
Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF (TNZ - the NZSX 10 Fund) in 1996. Smartshares is New Zealand’s only issuer of ETFs listed on the NZX Main Board, with more than 10,000 direct unit holders and more than NZD$1.6 billion of funds under management. 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 read a copy of the product disclosure statement, please visit: www.smartshares.co.nz