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Smart NZ Bond ETF Net Asset Value 2016

Nov 30, 2016

66241_rns_2016-12-01_6858c105-dedd-41d3-8081-ff9a7dbfbc26.pdf

Net Asset Value

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1 December 2016

NZB NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the New Zealand Bond Fund (NZB) as at 30 November 2016

Units on Issue: 67,618,573 Units Allotted/(Redeemed): -

Net Tangible Assets

$2.98548

The objective of the NZ Bond (NZB) fund is to outperform the S&P/NZX A-Grade Corporate Bond Index on an accumulated basis over a rolling three-year period. The fund is diversified across a broad range of New Zealand securities, including deposits or debt securities issued or guaranteed by the New Zealand Government.

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 10,000 unit holders and more than NZD $1.6 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 investment statement for each of the ETFs please visit: www.smartshares.co.nz