Smart NZ Dividend ETF — Net Asset Value 2025

Dec 30, 2025

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

Wednesday, 31 December 2025

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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 30 December 2025.

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NZX Code Fund Name NTA Units on Issue Change in Units
AGG Smart Global Aggregate Bond ETF 1.21753 96,416,268 -
APA Smart Asia Pacific ETF 3.14829 28,905,726 125,000
ASD Smart Australian Dividend ETF 2.09317 22,804,541 -
ASF Smart Australian Financials ETF 12.35284 5,415,468 -
ASP Smart Australian Property ETF 1.64973 26,172,531 -
ASR Smart Australian Resources ETF 7.53788 11,557,633 -
AUE Smart Australian ESG ETF 3.40818 3,165,228 -
AUS Smart Australian Top 200 ETF 3.96617 72,412,708 -
BOT Smart Automation and Robotics ETF 6.29721 11,105,891 20,000
BTC Smart Bitcoin ETF 3.27408 11,785,123 30,000
DIV Smart NZ Dividend ETF 1.28891 74,032,211 125,000
EMF Smart Emerging Markets ETF 1.84727 121,499,155 35,000
EMG Smart Emerging Markets ESG ETF 3.31166 7,107,676 75,000
ESG Smart Global ESG ETF 4.70323 68,445,216 -
EUF Smart Europe ETF 2.87720 49,446,036 175,000
EUG Smart Europe ESG ETF 4.46831 4,937,921 50,000
FNZ Smart NZ Top 50 ETF 3.23770 193,640,182 -
GBF Smart Global Bond ETF 3.16732 46,379,618 60,000
GGB Smart Global Government Bond ETF 2.51032 1,380,554 50,000
GLD Smart Gold ETF 4.00098 10,334,286 80,000
GPR Smart Global Property ETF 2.66276 1,326,307 -
INF Smart Global Infrastructure ETF 2.95424 1,302,059 -
JPN Smart Japan ESG ETF 3.20052 4,509,840 30,000
LIV Smart Healthcare Innovation ETF 3.49670 7,009,680 -
MDZ Smart NZ Mid Cap ETF 6.28245 23,340,674 -
MZY Smart Australian Mid Cap ETF 12.84611 23,807,274 -
NGB Smart S&P/NZX NZ Government Bond ETF 2.23838 6,916,727 -
NPF Smart NZ Property ETF 1.15742 88,261,748 -
NZB Smart NZ Bond ETF 3.03382 20,079,077 20,000
NZC Smart NZ Cash ETF 2.99534 8,618,712 100,000
NZG Smart S&P/NZX 50 ETF 2.62082 78,851,142 100,000
NZT Smart S&P/NZX 20 ETF 2.51630 2,581,742 -
OZY Smart Australian Top 20 ETF 5.51832 35,181,267 -
TNZ Smart NZ Top 10 ETF 2.00003 54,381,573 -
TWF Smart Total World ETF 4.76350 54,754,208 90,000
TWH Smart Total World (NZD Hedged) ETF 4.47715 119,604,889 (50,000)
USA Smart US ESG ETF 5.55735 7,756,766 -
USF Smart US 500 ETF 20.84295 48,601,994 50,000
USG Smart US Large Growth ETF 15.57005 37,913,866 30,000
USH Smart US 500 (NZD Hedged) ETF 3.82328 64,805,000 (130,000)
USM Smart US Mid Cap ETF 9.61395 5,392,745 (25,000)
USS Smart US Small Cap ETF 8.53382 4,888,711 -
UST Smart US Technology (NZD Hedged) ETF 3.09595 10,804,091 25,000
USV Smart US Large Value ETF 6.45447 8,338,176 -
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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