Smart NZ Top 50 ETF — Net Asset Value 2017

Jan 9, 2017

Tuesday, 10 January 2017

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FNZ NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the NZ Top 50 Fund (FNZ) as at 9 January 2017.

Units on Issue:	95,080,125
Units Allotted/(Redeemed):	0
Net Tangible Assets (NTA):	$2.12053
Tracking Difference:	0.23%

The objective of the NZ Top 50 Fund (FNZ) is to provide a return that closely matches the return on the S&P/NZX 50 Portfolio Index. The S&P/NZX 50 Portfolio Index comprises 50 of the largest entities listed on the NZX Main Board.

The following companies are currently held in the Fund:

Code	Code	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description	Security description
AIA		Auckland International Airport Ltd.
AIR		Air New Zealand Ltd.
A	NZ	Australia and		New Zea	land Banking Group Lt			d.
A	RG	Argosy Prope		rty Ltd
A
	RV	Arvida Group		Ltd.
A
	TM	The a2 Milk		ompany	td.
C	EN	Cntt Enr		Ltd
		oac e		gy .
C	NU	Chorus Ltd
		.
C	VT	Comvita Ltd.
E	BO	Ebos Group		Ltd.
F	BU	Fletcher Build		ing Ltd.
F	PH	Fisher & Pay		kel Health	care Corpo		ration Ltd.
F
	RE	Freightways		td.
F				'
	SF	Fonterra Sha		reholders	Fund Units
	MT	Gd P		t T	t
		ooman r		pery r	s
	NE	Genesis Ene		gy Ltd
				.
H	BL	Heartland Ba		nk Ltd.
IFT		Infratil Ltd
IPL		Investore Property Ltd.
KMD		Kathmandu Holdings Ltd
KPG		Kiwi Property Group Ltd.
			.
	MCY	Mercury N	Z Ltd.
	MEL	Meridian E	nergy Ltd
	MET	Metlifecar	e Ltd
	MFT	Mainfreigh	t Ltd.
	MPG	Metro Per	formance Glass Ltd			.
N
	ZR	The New	Zealand Refining C			ompany Ltd.
N	ZX	NZX Ltd.
P	CT	Precinct P	roerties New Zeal			nd Ltd
			p			.
P	FI	Property f	or Industry Ltd.
P	OT	Port Of Ta	uranga Ltd.
RBD		Restaurant Brands NZ Ltd.
RYM		Ryman Healthcare Ltd.
SCL		Scales Corporation Ltd.

www.smartshares.co.nz

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SKC	SKYCITY Entertainment Group Ltd.
SKT	Sky Network Television Ltd.
SPG	Stride Property Group
SPK	Spark New Zealand Ltd.
SUM	Summerset Group Holdings Ltd.
TGH	Tegel Group Holdings Ltd.
THL	Tourism Holdings Ltd.
TME	Trade Me Group Ltd.
TPW	Trustpower Ltd.
VCT	Vector Ltd.
VGL	Vista Group International Ltd.
VHP	Vital Healthcare Property Trust
WBC	Westpac Banking Corporation
WHS	The Warehouse Group Ltd.
XRO	Xero Ltd.
ZEL	Z Energy 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