Smart Total World ETF — Net Asset Value 2017

Mar 7, 2017

TWF NTA 07-03-2017 $1.86176

TWF · 2017-03-08T08:54:00+13:00 · Announcement #297958 · View on NZX

TWF NTA 07-03-2017 $1.86176

Wednesday, 8 March 2017

TWF NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for
the Total World Fund (TWF) as at 7 March 2017

Units on Issue: 16,920,500
Units Allotted/(Redeemed): -

Net Tangible Assets (NTA): $1.86176
Tracking Difference 0.50%

The objective of the Total World Fund (TWF) is to invest in Vanguard's Total
World Stock ETF (VT), which aims to track the FTSE Global All Cap Index. The
FTSE Global All Cap Index is a market-capitalisation weighted index
representing the performance of the large, mid and small cap stocks globally.

Code Security description
VT FTSE Global All Cap Index

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
End CA:00297958 For:TWF Type:GENERAL Time:2017-03-08 08:54:13