Smart US 500 ETF — Net Asset Value 2021

May 11, 2021

Level 7, Jarden House, 21 Queen Street, PO Box 105262, Auckland, New Zealand smartshares@smartshares.co.nz

Tuesday, 11 May 2021

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NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each of the Smartshares exchange traded funds as at 10 May 2021.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.31133	55,230,726	400,000
ASD	Smartshares Australian Dividend ETF	1.71047	17,679,541	-
ASF	Smartshares Australian Financials ETF	7.76477	3,490,468	-
ASP	Smartshares Australian Property ETF	1.54207	39,672,531	125,000
ASR	Smartshares Australian Resources ETF	6.32318	6,682,633	-
DIV	Smartshares NZ Dividend ETF	1.30394	80,532,211	-
EMF	Smartshares Emerging Markets ETF	1.47401	103,489,155	370,000
EUF	Smartshares Europe ETF	1.88642	100,356,036	180,000
FNZ	Smartshares NZ Top 50 ETF	3.43148	268,151,179	300,000
GBF	Smartshares Global Bond ETF	3.33182	70,114,618	-
MDZ	Smartshares NZ Mid Cap ETF	6.36496	29,040,674	-
MZY	Smartshares Australian Mid Cap ETF	9.06037	19,157,274	-
NPF	Smartshares NZ Property ETF	1.50961	94,261,748	250,000
NZB	Smartshares NZ Bond ETF	3.09642	119,051,618	-
NZC	Smartshares NZ Cash ETF	2.95105	73,833,712	-
OZY	Smartshares Australian Top 20 ETF	4.41936	40,056,267	150,000
TNZ	Smartshares NZ Top 10 ETF	2.13496	83,131,573	(250,000)
TWF	Smartshares Total World ETF	2.83398	39,687,555	80,000
USF	Smartshares US 500 ETF	10.66655	33,146,994	55,000
USG	Smartshares US Large Growth ETF	7.22734	16,768,866	25,000
USM	Smartshares US Mid Cap ETF	6.36379	14,417,745	145,000
USS	Smartshares US Small Cap ETF	6.07879	13,773,711	110,000
USV	Smartshares US Large Value ETF	3.88957	24,073,176	95,000
AGG	Smartshares Global Aggregate Bond ETF	1.31837	44,174,630	40,000
BOT	Smartshares Automation and Robotics ETF	4.11314	9,840,891	10,000
EMG	Smartshares Emerging Markets Equities ESG ETF	2.47871	14,952,676	170,000
ESG	Smartshares Global Equities ESG ETF	2.52807	5,685,216	-
EUG	Smartshares Europe Equities ESG ETF	2.66385	14,172,921	160,000
JPN	Smartshares Japan Equities ESG ETF	2.10885	11,569,840	140,000
LIV	Smartshares Healthcare Innovation ETF	3.33529	10,174,680	(50,000)
USA	Smartshares US Equities ESG ETF	2.73443	16,581,766	180,000
NZG	Smartshares S&P/NZX 50 ETF	2.73198	102,399,842	200,000
AUS	Smartshares S&P/ASX 200 ETF	3.05682	11,312,708	100,000
TWH	Smartshares Total World (NZD Hedged) ETF	3.18918	16,749,829	60,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.41011	16,101,427	-

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 20,000 unit holders and more than NZD $4.7 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