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Smart US Large Growth ETF — Net Asset Value 2017
Sep 18, 2017
66292_rns_2017-09-19_234fff99-b40b-428d-ac97-84dadf673af0.pdf
Net Asset Value
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Tuesday, 19 September 2017
USG NTA & Allotment Notice
Smartshares Limited would like to report details of the Units on Issue for the US Large Growth Fund (USG) as at 18 September 2017
| Units on Issue: | 10,643,495 |
|---|---|
| Units Allotted/(Redeemed): | 9,970 |
| Net Tangible Assets (NTA): | $3.62673 |
| Tracking Difference | -0.64% |
The objective of the US Large Growth Fund (USG) is to invest in Vanguard's Growth ETF (VUG), which aims to track the CRSP US Large Cap Growth Index. The CRSP US Large Cap Growth Index includes U.S. companies that comprise the top 85% of investable market capitalization that are considered Growth securities.
| Code | Security description |
|---|---|
| VUG | CSRP US Large Cap Growth 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 [email protected]