Smart NZ Dividend ETF — Fund Information / Factsheet 2018

May 18, 2018

Friday, 18 May 2018

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DIV NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the NZ Dividend Fund (DIV) as at 17 May 2018.

Units on Issue:	21,782,211
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$1.11100
Tracking Difference:	2.14%

Please note Basket applications and redemptions will be unavailable from Wednesday 16 May to Wednesday 30 May. Basket applications and redemptions will resume on Thursday 31 May.

The objective of the NZ Dividend Fund (DIV) is to provide a return that closely matches the return on the S&P/NZX 50 High Dividend Index. The S&P/NZX 50 High Dividend Index comprises the top 25 stocks with the highest dividend yields and liquidity from the NZX 50 index.

The following companies are currently held in the Fund:

C	ode		Security description
A	IR		Air New Zealand Ltd
			.
A	RG		Argosy Property Ltd.
C	EN		Contact Ener Ltd
			gy .
C	NU		Chorus Ltd.
F	RE		Freihtwas Ltd
			gy .
F	SF		Fonterra Shareholders'Fund Units
G	MT		Gdmn PrrtTrt
			ooa opey us
G	NE		Genesis Energy Ltd.
IF	T		Iftil Ltd
			nra .
K	PG		Kiwi Property Group Ltd.
M	CY		M NZ Ld
			ercury t.
M	EL		Meridian Energy Ltd.
N	ZR		New Zealand Refining Ltd.
P	CT		Precinct Properties New Zealand Ltd.
R	BD		Restaurant Brands New Zealand Ltd.
S	KC		SKYCITY Entertainment Group Ltd.
S	KT		Sky Network Television Ltd.
S	PG		Stride Stapled Group
S	PK		Spark New Zealand Ltd.
T	HL		Tourism Holdings Ltd
T	ME		Trade Me Group Ltd.
V	CT		Vector Ltd.
W	BC		Westpac Banking Corporation
Z	EL		Z Ener Ltd
			gy .
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	martshar	sistheioneerofETFsinNewZealandlaunchin		hefirst	ETF(T	NZ-the

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

www.smartshares.co.nz

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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

www.smartshares.co.nz