Smart NZ Property ETF — Net Asset Value 2017

Mar 23, 2017

Friday, 24 March 2017

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NPF NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the NZ Property Fund (NPF) as at 23 March 2017.

Units on Issue: 46,480,787 - Units Allotted/(Redeemed): Net Tangible Assets (NTA): $1.05041 Tracking Difference 2.58%

The objective of the NZ Property Fund (NPF) is to provide a return that closely matches the return on the S&P/NZX Real Estate Select Index. The S&P/NZX Real Estate Select Index currently comprises 8 of the largest companies in the property sector listed on the NZX market.

The following companies are currently held in the Fund:

Code	Security description
ARG	Argosy Property Ltd.
GMT	Goodman Property Trust
IPL	Investore Property Ltd.
KPG	Kiwi Property Group Ltd.
PCT	Precinct Properties New Zealand Ltd.
PFI	Property for Industry Ltd.
SPG	Stride Property Group
VHP	Vital Healthcare Property Trust

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