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Smart NZ Dividend ETF Net Asset Value 2017

May 10, 2017

66184_rns_2017-05-11_3eb45d6c-96c7-42e0-8a06-dce1c7732f84.pdf

Net Asset Value

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Thursday, 11 May 2017

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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 10 May 2017.

Units on Issue: 31,712,302 - Units Allotted/(Redeemed): Net Tangible Assets (NTA): $1.13925 Tracking Difference: 2.01%

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:

50 High Dividend I 50 High Dividend I 50 High Dividend I ndex. The S&P/NZX 50 High Dividend Index comprises the top 25 stocks with the highest
CodeSAIAAAIRAiANZAARGArCENCThe following cdividend yields and ompanies are currently held in the Fund:liquidity from the NZX 50 index.
Code S ecurity description
AIA A uckland Intl Airport Ltd
AIR Ai r New Zealand Ltd.
ANZ A ustralia and New Zealand Banking Group Ltd.
ARG Ar gosy Property Ltd.
CEN C ontact Energy Ltd.
CNU C horus Ltd.
EBO E BOS Group Ltd.
FBU Fl etcher Building Ltd.
FRE Fr eightways Ltd.
FSF Fo nterra Shareholders'Fund Units
GMT G oodman Property Trust
GNE G enesis Energy Ltd.
IFT In fratil Ltd.
KPG Ki wi Property Group Ltd.
MCY M ercury NZ Ltd.
MELMMPGMPCTPrSKCSSKTSkSPKSTHLToTMETrWBCWZELZ MEL M eridian Energy Ltd.
MPG M etro Performance Glass Ltd.
PCT Pr ecinct Properties New Zealand Ltd.
SKC S KYCITY Entertainment Group Ltd.
SKT Sk y Network Television Ltd.
SPK S park New Zealand Ltd.
THL To urism Holdings Ltd
TME Tr ade Me Group Ltd.
WBC W estpac Banking Corporation
ZEL Z Energy Ltd.
About Smartshares

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

www.smartshares.co.nz

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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 [email protected]

www.smartshares.co.nz