Smart Bitcoin ETF — Net Asset Value 2025

Oct 21, 2025

Level 15, 45 Queen Street, PO Box 105262, Auckland, New Zealand contactus@smartinvest.co.nz

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Wednesday, 22 October 2025

NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each ETF in the Smart Exchange Traded Funds as at 21 October 2025.

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NZX Code Fund Name NTA Units on Issue Change in Units
AGG Smart Global Aggregate Bond ETF 1.22623 167,666,268 250,000
APA Smart Asia Pacific ETF 3.13906 27,000,726 75,000
ASD Smart Australian Dividend ETF 2.16576 21,929,541 -
ASF Smart Australian Financials ETF 12.70705 5,065,468 25,000
ASP Smart Australian Property ETF 1.68220 25,547,531 -
ASR Smart Australian Resources ETF 7.11409 11,107,633 -
AUE Smart Australian ESG ETF 3.50451 30,465,228 -
AUS Smart Australian Top 200 ETF 4.09646 63,012,708 100,000
BOT Smart Automation and Robotics ETF 6.49997 11,115,891 20,000
BTC Smart Bitcoin ETF 4.23334 9,965,123 70,000
DIV Smart NZ Dividend ETF 1.29987 72,032,211 125,000
EMF Smart Emerging Markets ETF 1.89891 118,079,155 210,000
EMG Smart Emerging Markets ESG ETF 3.32608 36,227,676 -
ESG Smart Global ESG ETF 4.63655 69,480,216 (25,000)
EUF Smart Europe ETF 2.82888 46,966,036 120,000
EUG Smart Europe ESG ETF 4.36205 4,557,921 30,000
FNZ Smart NZ Top 50 ETF 3.22660 197,240,182 100,000
GBF Smart Global Bond ETF 3.18581 45,639,618 (45,000)
GGB Smart Global Government Bond ETF 2.53963 1,150,554 -
GLD Smart Gold ETF 4.10423 9,124,286 140,000
GPR Smart Global Property ETF 2.79816 22,296,307 -
INF Smart Global Infrastructure ETF 3.08537 21,372,059 (35,000)
JPN Smart Japan ESG ETF 3.23460 4,094,840 40,000
LIV Smart Healthcare Innovation ETF 3.35373 7,064,680 -
MDZ Smart NZ Mid Cap ETF 6.25583 23,440,674 -
MZY Smart Australian Mid Cap ETF 13.03358 22,907,274 -
NGB Smart S&P/NZX NZ Government Bond ETF 2.28344 10,516,727 -
NPF Smart NZ Property ETF 1.20995 85,761,748 -
NZB Smart NZ Bond ETF 3.07255 19,374,077 (70,000)
NZC Smart NZ Cash ETF 2.99457 46,068,712 110,000
NZG Smart S&P/NZX 50 ETF 2.61461 78,351,142 -
NZT Smart S&P/NZX 20 ETF 2.52206 2,281,742 -
OZY Smart Australian Top 20 ETF 5.70286 34,806,267 -
TNZ Smart NZ Top 10 ETF 1.99501 56,131,573 -
TWF Smart Total World ETF 4.72862 51,264,208 -
TWH Smart Total World (NZD Hedged) ETF 4.40466 108,684,889 (205,000)
USA Smart US ESG ETF 5.49262 7,796,766 -
USF Smart US 500 ETF 20.62997 47,776,994 65,000
USG Smart US Large Growth ETF 15.53555 38,528,866 (10,000)
USH Smart US 500 (NZD Hedged) ETF 3.75486 60,760,000 (220,000)
USM Smart US Mid Cap ETF 9.71103 5,647,745 -
USS Smart US Small Cap ETF 8.50066 4,858,711 -
UST Smart US Technology (NZD Hedged) ETF 3.10075 7,354,091 25,000
USV Smart US Large Value ETF 6.36446 8,573,176 (25,000)
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Nature of Notice and Reliance on Waiver

This notice is given by Smartshares Limited (Smart) under Listing Rule 3.13.1 and relates to the continuous issue of ordinary units by Smart in each of the exchange traded funds (each an ETF) established under the Smart Exchange Traded Funds managed investment scheme (Scheme) and listed on the Main Board.

This notice is given in reliance on a waiver from NZX Listing Rule 3.13.1 granted by Special Division on 23 May 2024 that allows Smart, subject to certain conditions, to release details of the issue of ordinary units in the ETFs through MAP other than in the prescribed form. This notice is to be read in conjunction with Smart’s master capital change notice which includes all the information required under NZX Listing Rule 3.13.1 and not currently covered in this notice.

About Smart

Established in 1996, Smartshares Limited (trading as “Smart”) is a wholly owned subsidiary of NZX Limited with more than $12 billion in funds under management, serving a wide range of investors, including individual investors, financial adviser customers, businesses, iwi and Pacific nation groups. Smart’s new brand is based on the belief ‘the wise invest Smart’, and that the wisest way to build wealth is to invest in market-tracking products over time. Through Smart ETFs, Kiwis can diversify their portfolios across over 40 ETFs providing access to global, high-performing and special interest markets. Smart is the manager and issuer of the Smart Exchange Traded Funds. The product disclosure statements are available at www.smartinvest.co.nz.

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