Smart NZ Top 50 ETF — Net Asset Value 2019

Feb 21, 2019

Friday, 22 February 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 February 2019.

Units on Issue:	194,951,179
Units Allotted/(Redeemed):	-
Net Tangible Assets (NTA):	$2.62925
Tracking Difference:	0.27%

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:

	February 2019.	February 2019.	February 2019.
							179-9257%
	Units on Issue:Units Allotted/(Tracking DifferNet Tangible A			Redeemed): ence:ssets (NTA):		194,951, $2.620.2	179-9257%
	The following cThe objective of th50 Portfolio Index.Board.			ompanies are cure NZ Top 50 Fund (FThe S&P/NZX 50 Po		rently helNZ) is to prtfolio Inde	d in the Funrovide a returx comprises 5	d:n that closely0 of the larges	matches thet entities list	return on ted on the	he S&P/NZXNZX Main
	Co	e	S	ecurit descr	tio
				**y **	p
	AIA		A	ucklandIntern	ation	al Airport	Ltd.
	AIR		A	ir New Zealan	dLtd	.
	AN	Z	A	ustralia andN	ew Z	ealandBa	nking Group	Ltd.
	AR	G	A	rgosyProperty	Ltd
	AR
			A	rvida GroupLt	d.
	AT	M	T	he a2 MilkCo	mpan	yLtd.
	CE	N	C	ontactEnergy	Ltd.
	CN	U	C	horusLtd
				.
	EB	O	E	bos GroupLtd	.
	FB	U	F	letcher Buildin	gLtd	.
	FP	H	F	isher&Paykel	Hea	lthcare Co	rporation Lt	d.
	FR	E	F	reightwaysLtd	.
	FSF		F	onterra Shareh	olde	rs' Fund U	nits
	GM	T	G	oodman Prop	erty T	rust
	GN	E	G	enesisEnergy	Ltd.
	GT	K	G	entrackGroup	Ltd.
	HG	H	H	eartland Grou	pHol	dingsLtd.
	IFT		In	fratil Ltd
	IPL		In	vestorePropertyL		td.
	KMD		K	athmanduHoldings		Ltd
	KPG		K	iwi Property Group		Ltd.
	MCY		M	ercuryNZ Ltd.
	MEL		M	eridian EnergyLtd
	MET		M	etlifecareLtd
	MFT		M	ainfreight Ltd.
	NZR		T	NZldR		fiiC	Ld
				e eweaan		nng o	mpany t.
	NZX		N	ZX Ltd.
	PCT		P	recinctPropertiesN		ew Zeala	ndLtd.
	PFI		P	roperty for Industry		Ltd.
	POT		P	ort Of TaurangaLt		d.
	PPH		P	ushpay Ltd.
	RBD		R	estaurantBrandsN		Z Ltd.
	RYM		Ryman HealthcareLtd.

www.smartshares.co.nz

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SAN	Sanford Ltd.
SCL	Scales Corporation Ltd.
SKC	SKYCITY Entertainment GroupLtd.
SKL	SkellerupHoldingsLtd.
SKT	SkyNetwork Television Ltd.
SML	Synlait Milk Ltd.
SPG	Stride Property Group
SPK	Spark New ZealandLtd.
SUM	Summerset GroupHoldingsLtd.
THL	Tourism Holdings Ltd.
TME	Trade Me Group Ltd.
TPW	Trustpower Ltd.
VCT	Vector Ltd.
VGL	Vista GroupInternational Ltd.
VHP	Vital Healthcare Property Trust
WBC	WestpacBanking Corporation
ZEL	Z EnergyLtd.

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 smartshares@smartshares.co.nz

www.smartshares.co.nz