Smart Australian Resources ETF — Net Asset Value 2021

May 19, 2021

Level 7, Jarden House, 21 Queen Street, PO Box 105262, Auckland, New Zealand smartshares@smartshares.co.nz

Thursday, 20 May 2021

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NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each of the Smartshares exchange traded funds as at 19 May 2021.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.26041	55,485,726	-
ASD	Smartshares Australian Dividend ETF	1.64972	18,429,541	250,000
ASF	Smartshares Australian Financials ETF	7.61471	3,565,468	-
ASP	Smartshares Australian Property ETF	1.48160	40,047,531	375,000
ASR	Smartshares Australian Resources ETF	5.97138	6,907,633	-
DIV	Smartshares NZ Dividend ETF	1.27459	80,782,211	-
EMF	Smartshares Emerging Markets ETF	1.45369	104,024,155	345,000
EUF	Smartshares Europe ETF	1.88607	100,726,036	35,000
FNZ	Smartshares NZ Top 50 ETF	3.33641	268,251,179	-
GBF	Smartshares Global Bond ETF	3.32818	73,034,618	120,000
MDZ	Smartshares NZ Mid Cap ETF	6.21802	29,040,674	-
MZY	Smartshares Australian Mid Cap ETF	8.65647	19,232,274	75,000
NPF	Smartshares NZ Property ETF	1.47271	93,636,748	(250,000)
NZB	Smartshares NZ Bond ETF	3.09451	118,531,618	(50,000)
NZC	Smartshares NZ Cash ETF	2.95136	73,883,712	-
OZY	Smartshares Australian Top 20 ETF	4.29371	39,981,267	-
TNZ	Smartshares NZ Top 10 ETF	2.06112	82,881,573	-
TWF	Smartshares Total World ETF	2.78983	40,307,555	80,000
USF	Smartshares US 500 ETF	10.44789	33,276,994	55,000
USG	Smartshares US Large Growth ETF	7.00296	16,983,866	20,000
USM	Smartshares US Mid Cap ETF	6.24876	14,467,745	-
USS	Smartshares US Small Cap ETF	5.94062	13,768,711	-
USV	Smartshares US Large Value ETF	3.85675	24,183,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.31103	44,114,630	20,000
BOT	Smartshares Automation and Robotics ETF	3.96726	9,970,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.43443	15,022,676	-
ESG	Smartshares Global Equities ESG ETF	2.49954	5,725,216	-
EUG	Smartshares Europe Equities ESG ETF	2.67980	14,202,921	-
JPN	Smartshares Japan Equities ESG ETF	2.06799	11,609,840	-
LIV	Smartshares Healthcare Innovation ETF	3.28706	10,174,680	-
USA	Smartshares US Equities ESG ETF	2.69465	16,681,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.65040	103,699,842	300,000
AUS	Smartshares S&P/ASX 200 ETF	2.95696	11,612,708	100,000
TWH	Smartshares Total World (NZD Hedged) ETF	3.12747	16,789,829	40,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.40038	16,101,427	-

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 20,000 unit holders and more than NZD $4.7 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