Smart NZ Top 50 ETF — Net Asset Value 2019

Jan 22, 2019

Tuesday, 22 January 2019

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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 21 January 2019.

Units on Issue:	194,051,179
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$2.59752
Tracking Difference:	0.31%

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:

	sday, 22 Janu	sday, 22 Janu	ry 2019	ry 2019
	Z NTA & All
			otment Notice
	artshares Limited				of the Units on Issue for the NZ Top 50 Fund (FNZ) as at 21
			would like to report details
	uary 2019.
UniUniTraNet	ts on Issue:ts Allotted/(Re		194,05deemed):		1,179-
	Tanible Ass				9752
			s :
	cking Differeng		.0ce:		.31%
	objective of theortfolio Index. T				provide a return that closely matches the return on the S&P/Nex comprises 50 of the largest entities listed on the NZX Main
			NZ Top 50 Fund (FNZ) is tohe S&P/NZX 50 Portfolio Ind
	rd.
	following co				eld in the Fund:
			panies are currently h
Co	e	Se	urit descrition
			y p
AIA		Auc	kland International Airpor		t Ltd.
AIR		Air	ew Zealand Ltd
			.
AN	Z	Aus	tralia and New Zealand B		anking Group Ltd.
AR	G	Arg	osy Property Ltd
AR	V	Arvi	da Group Ltd.
AT	M	The	a2 Milk Company Ltd.
CE	N	Con	tact Ener Ltd
			gy .
CN	U	Cho	rus Ltd.
EB	O	Ebo
			s Group Ltd.
FB	U	Flet	cher Building Ltd.
FP	H	Fish			Corporation Ltd.
			er & Paykel Healthcare
FR	E	Frei	ghtways Ltd.
FS			'
		Fon	erra areoersun		Units
GM	T	Goo	dman Property Trust
GN	E	Gen	i E Ltd
			ess nergy .
GT	K	Gen	track Group Ltd.
HG	H	Hea			d.
			rtland Group Holdings Lt
IFT		Infr	atil Ltd
IPL		Inve	store Property Ltd.
KM	D	Kat	mand Holdins Ltd
			u g
KP	G	Kiw	i Property Group Ltd.
MC	Y	Mer
			cur
			.
ME	L	Mer	idian Energy Ltd
ME	T	Mt	lif Ltd
		e	ecare
MF	T	Mai	nfreight Ltd.
NZ	R	The	New Zealand	efining C	ompany Ltd.
NZ	X	NZ	X Ltd.
PC	T	Pre	i Pi	N Z	land Ltd.
			nct ropertes	ew ea
PFI		Pro	perty for Industr	y Ltd.
PO	T	Por	t Of Tauranga L	td.
PP	H	Pus	hpay Ltd
			.
RB	D	Res	taurant Brands	NZ Ltd.
RY	M	Rym	Hlth	Ltd
			an eacare	.

www.smartshares.co.nz

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SAN	Sanford Ltd.
SCL	Scales Corporation Ltd.
SKC	SKYCITY Entertainment Group Ltd.
SKL	Skellerup Holdings Ltd.
SKT	Sky Network Television Ltd.
SML	Synlait Milk Ltd.
SPG	Stride Property Group
SPK	Spark New Zealand Ltd.
SUM	Summerset 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
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 15,000 unit holders and more than NZD $2.4 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