Smart NZ Mid Cap ETF — Net Asset Value 2016

Dec 27, 2016

Wednesday, 28 December 2016

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MDZ NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the NZ Mid Cap Fund (MDZ) as at 23 December 2016.

Units on Issue:	18,450,223
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$3.81523
Tracking Difference	0.46%

The objective of the NZ Mid Cap Fund (MDZ) is to provide a return that closely matches the return on the S&P/NZX Mid Cap Index. The S&P/NZX Mid Cap Index comprises the constituents of the S&P/NZX 50 Index, excluding those included in the S&P/NZX 10 index and non-New Zealand companies.

The following companies are currently held in the Fund:

		NTA & Allotment Notice	NTA & Allotment Notice				Z) as at 23	Z) as at 23
	DZ
		ares Limited would like to report details of ther 2016.
	martshecemb			e Units o	n Issue for the NZ Mid Cap	und (MD
				223-			n the S&P/excluding th
UUNT	nits onits A	n Issue:18,450,llotted/(Redeemed):		223-
	et Taracki	$3.810.4ngible Assets (NTA):ng Difference		5236%
	he folhe objid Capcluded	lowing companies are currently held iective of the NZ Mid Cap Fund (MDZ) is to prIndex. The S&P/NZX Mid Cap Index comprisin the S&P/NZX 10 index and non-New Zeal		n the Fuovide a rees the cand com	nd:turn that closely matches thonstituents of the S&P/NZXpanies.	e return o50 Index,
C	ode		Security description
A	IR		Air New Zealand Ltd.
A	RG		Argosy Property Ltd.
A	RV		Arvida Group Ltd.
A	TM		The a2 Milk Company Ltd.
C	NU		Chorus Ltd.
C	VT		Comvita Ltd.
E	BO		EBOS Group Ltd.
F	RE		Freightways Ltd.
F	SF		Fonterra Shareholders'Fund Uni	ts
G	MT		Goodman Property Trust
G	NE		Genesis Energy Ltd.
H	BL		Heartland Bank Ltd.
IF	T		Infratil Ltd.
IP	L		Investore Property Ltd.
K
	MD		Kathmandu Holdings Ltd.
K	PG		Kiwi Property Group Ltd.
M	CY		Mercury NZ Ltd.
M	ET		Metlifecare Ltd.
M	FT		Mainfreight Ltd.
M	PG		Metro Performance Glass Ltd.
N	ZR		The New Zealand Refining Comp	any Ltd.
N	ZX		NZX Ltd.
P	CT		Precinct Properties New Zealand	Ltd.
P	FI		Property for Industry Ltd
			.
P	OT		Port Of Tauranga Ltd.
R	BD		Restaurant Brands NZ Ltd.
S	CL		Scales Corporation Ltd.
S	PG		Stride Property Group
S	UM		St G Hldi Ltd
			ummerse roup ongs .
T	GH		Tegel Group Holdings Ltd.
T	HL		Tourism Holdings Ltd.
T	ME		Trade Me Group Ltd.
TPW
VCT			Vector Ltd.

www.smartshares.co.nz

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VGL	Vista Group International Ltd.
VHP	Vital Healthcare Property Trust
WHS	The Warehouse Group Ltd.
XRO	Xero Ltd.

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 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