Smart Global Bond ETF — Net Asset Value 2021

May 28, 2021

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

Friday, 28 May 2021

==> picture [166 x 29] intentionally omitted <==

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 27 May 2021.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.27798	55,415,726	(180,000)
ASD	Smartshares Australian Dividend ETF	1.64908	18,679,541	-
ASF	Smartshares Australian Financials ETF	7.78751	3,565,468	-
ASP	Smartshares Australian Property ETF	1.50618	40,297,531	250,000
ASR	Smartshares Australian Resources ETF	5.76847	6,982,633	-
DIV	Smartshares NZ Dividend ETF	1.29828	80,782,211	-
EMF	Smartshares Emerging Markets ETF	1.47028	103,854,155	(100,000)
EUF	Smartshares Europe ETF	1.89168	100,831,036	(150,000)
FNZ	Smartshares NZ Top 50 ETF	3.36434	269,251,179	-
GBF	Smartshares Global Bond ETF	3.33464	73,184,618	-
MDZ	Smartshares NZ Mid Cap ETF	6.34302	29,140,674	-
MZY	Smartshares Australian Mid Cap ETF	8.77650	19,232,274	-
NPF	Smartshares NZ Property ETF	1.48298	93,636,748	(250,000)
NZB	Smartshares NZ Bond ETF	3.08758	118,581,618	-
NZC	Smartshares NZ Cash ETF	2.95154	73,513,712	-
OZY	Smartshares Australian Top 20 ETF	4.32407	39,981,267	-
TNZ	Smartshares NZ Top 10 ETF	2.02187	82,881,573	-
TWF	Smartshares Total World ETF	2.81600	40,432,555	(50,000)
USF	Smartshares US 500 ETF	10.56402	33,426,994	(50,000)
USG	Smartshares US Large Growth ETF	7.19866	17,118,866	-
USM	Smartshares US Mid Cap ETF	6.33802	14,497,745	15,000
USS	Smartshares US Small Cap ETF	5.98506	13,828,711	45,000
USV	Smartshares US Large Value ETF	3.84293	24,278,176	45,000
AGG	Smartshares Global Aggregate Bond ETF	1.31816	43,934,630	(210,000)
BOT	Smartshares Automation and Robotics ETF	4.07509	10,010,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.45844	15,022,676	-
ESG	Smartshares Global Equities ESG ETF	2.51139	5,745,216	-
EUG	Smartshares Europe Equities ESG ETF	2.68349	14,262,921	-
JPN	Smartshares Japan Equities ESG ETF	2.07601	11,689,840	-
LIV	Smartshares Healthcare Innovation ETF	3.30945	10,174,680	-
USA	Smartshares US Equities ESG ETF	2.70535	16,761,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.64204	106,899,842	400,000
AUS	Smartshares S&P/ASX 200 ETF	2.99113	11,812,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	3.17073	16,804,829	(50,000)
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.39909	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