Smart Bitcoin ETF — Net Asset Value 2025

Oct 23, 2025

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

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Friday, 24 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 23 October 2025.

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NZX Code Fund Name NTA Units on Issue Change in Units
AGG Smart Global Aggregate Bond ETF 1.22748 167,766,268 100,000
APA Smart Asia Pacific ETF 3.09977 26,900,726 (100,000)
ASD Smart Australian Dividend ETF 2.16279 21,929,541 -
ASF Smart Australian Financials ETF 12.59170 5,015,468 (25,000)
ASP Smart Australian Property ETF 1.69439 25,547,531 -
ASR Smart Australian Resources ETF 6.96221 11,257,633 150,000
AUE Smart Australian ESG ETF 3.47012 30,465,228 -
AUS Smart Australian Top 200 ETF 4.05801 62,912,708 (100,000)
BOT Smart Automation and Robotics ETF 6.42209 11,115,891 20,000
BTC Smart Bitcoin ETF 4.11805 9,965,123 -
DIV Smart NZ Dividend ETF 1.30519 72,032,211 -
EMF Smart Emerging Markets ETF 1.88112 118,014,155 (65,000)
EMG Smart Emerging Markets ESG ETF 3.28728 36,252,676 -
ESG Smart Global ESG ETF 4.60857 69,480,216 -
EUF Smart Europe ETF 2.81342 47,086,036 120,000
EUG Smart Europe ESG ETF 4.34878 4,557,921 -
FNZ Smart NZ Top 50 ETF 3.22605 197,140,182 (100,000)
GBF Smart Global Bond ETF 3.18768 45,624,618 -
GGB Smart Global Government Bond ETF 2.54127 1,180,554 -
GLD Smart Gold ETF 3.84497 9,284,286 (60,000)
GPR Smart Global Property ETF 2.81155 22,346,307 50,000
INF Smart Global Infrastructure ETF 3.08018 21,397,059 25,000
JPN Smart Japan ESG ETF 3.18486 4,104,840 30,000
LIV Smart Healthcare Innovation ETF 3.36184 7,044,680 -
MDZ Smart NZ Mid Cap ETF 6.25205 23,440,674 -
MZY Smart Australian Mid Cap ETF 12.97015 22,982,274 75,000
NGB Smart S&P/NZX NZ Government Bond ETF 2.28214 10,516,727 -
NPF Smart NZ Property ETF 1.20284 86,011,748 -
NZB Smart NZ Bond ETF 3.07217 19,354,077 (60,000)
NZC Smart NZ Cash ETF 2.99491 46,083,712 45,000
NZG Smart S&P/NZX 50 ETF 2.61444 78,351,142 -
NZT Smart S&P/NZX 20 ETF 2.52120 2,281,742 -
OZY Smart Australian Top 20 ETF 5.65526 34,731,267 -
TNZ Smart NZ Top 10 ETF 1.99540 55,881,573 (250,000)
TWF Smart Total World ETF 4.69648 51,154,208 -
TWH Smart Total World (NZD Hedged) ETF 4.37775 108,914,889 90,000
USA Smart US ESG ETF 5.46481 7,796,766 -
USF Smart US 500 ETF 20.52479 47,706,994 (30,000)
USG Smart US Large Growth ETF 15.41727 38,493,866 -
USH Smart US 500 (NZD Hedged) ETF 3.73440 61,050,000 100,000
USM Smart US Mid Cap ETF 9.68623 5,647,745 15,000
USS Smart US Small Cap ETF 8.41390 4,833,711 -
UST Smart US Technology (NZD Hedged) ETF 3.04998 7,374,091 20,000
USV Smart US Large Value ETF 6.35239 8,683,176 110,000
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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