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Smart NZ Top 50 ETF Net Asset Value 2019

Jan 23, 2019

66195_rns_2019-01-24_a29a961b-d497-49e5-8c4f-cf3333bc9251.pdf

Net Asset Value

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Wednesday, 23 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 22 January 2019.

Units on Issue:Units Allotted/(Redeemed):Tracking Difference:Net Tangible Assets (NTA): 194,151,179100,000$2.590570.31%

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:

Code Security des cription
AIA Auckland Inte rnational Airport Ltd.
AIR Air New Zeala nd Ltd.
ANZ Australia and New Zealand Banking Grou p Ltd.
ARG Argosy Proper ty Ltd
ARV Arvida Group Ltd.
ATM The a2 Milk C ompany Ltd.
CEN Contact Energ y Ltd.
CNU Chorus Ltd.
EBO Ebos Group L td.
FBU Fletcher Build ing Ltd.
FPH Fisher & Payk el Healthcare Corporation L td.
FRE Freightways L td.
FSF Fonterra Shar eholders'Fund Units
GMT Goodman Pro perty Trust
GNE Genesis Ener gy Ltd.
GTK Gentrack Gro up Ltd.
HGH Heartland Gro up Holdings Ltd.
IFT Infratil Ltd
IPL Investore Pro perty Ltd.
KMD Kathmandu H oldings Ltd
KPG Kiwi Property Group Ltd.
MCY Mercury NZ Lt d.
MEL Meridian Ener gy Ltd
MET Metlifecare Lt d
MFT Mainfreight Lt d.
NZR The New Zealand Refining Company Ltd.
NZX NZX Ltd.
PCT Precinct Properties New Zealand Ltd.
PFI Property for Industry Ltd.
POT Port Of Tauranga Ltd.
PPH Pushpay Ltd.
RBD Restaurant Brands NZ Ltd.
RYM Ryman Healthcare Ltd.

www.smartshares.co.nz

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SAN SAN Sanford Ltd. Sanford Ltd. Sanford Ltd. Sanford Ltd.
SCL Scales Corporation Ltd.
SKC SKYCIT Y Entertainment Group Ltd.
SKL Skeller up Holdings Ltd.
SKT Sky Ne twork Television Ltd.
SML Synlait Milk Ltd.
SPG Stride P roperty Group
SPK Spark N ew Zealand Ltd.
SUM Summe rset 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 $2.5 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 [email protected]

www.smartshares.co.nz