Smart US 500 ETF — Net Asset Value 2018

Feb 21, 2018

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Wednesday, 21 February 2018

USF NTA & Allotment Notice

Smartshares Limited would like to report details of the Units on Issue for the US 500 Fund (USF) as at 20 February 2018

Units on Issue:	19,005,001
Units Allotted/(Redeemed):	20,000
Net Tangible Assets (NTA):	$6.81567
Tracking Difference	0.04%

The objective of the US 500 Fund (USF) is to invest in Vanguard’s S&P 500 ETF (VOO), which aims to track the S&P 500 Index. The S&P 500 comprises 500 of the largest U.S companies.

Code	Security description
VOO	VANGUARD S&P 500 ETF

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.com