Smart US Large Value ETF — Net Asset Value 2026

May 19, 2026

Level 15, 45 Queen Street, PO Box 105262, Auckland, New Zealand contactus@smartinvest.co.nz

Tuesday, 19 May 2026

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NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each ETF in the Smart Exchange Traded Funds as at 18 May 2026.

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NZX Code Fund Name NTA Units on Issue Change in Units
AGG Smart Global Aggregate Bond ETF 1.19974 31,146,268 -
APA Smart Asia Pacific ETF 3.79081 35,895,726 90,000
ASD Smart Australian Dividend ETF 2.23863 24,679,541 -
ASF Smart Australian Financials ETF 12.77901 5,215,468 -
ASP Smart Australian Property ETF 1.50581 15,422,531 -
ASR Smart Australian Resources ETF 9.42409 13,957,633 -
AUE Smart Australian ESG ETF 3.53685 3,165,228 -
AUS Smart Australian Top 200 ETF 4.14603 89,812,708 100,000
BOT Smart Automation and Robotics ETF 7.52006 11,310,891 -
BTC Smart Bitcoin ETF 2.93532 14,680,123 -
DIV Smart NZ Dividend ETF 1.30094 80,282,211 -
EMF Smart Emerging Markets ETF 1.98755 123,544,155 -
EMG Smart Emerging Markets ESG ETF 3.88655 8,082,676 -
ESG Smart Global ESG ETF 4.92250 72,550,216 -
EUF Smart Europe ETF 2.92627 56,921,036 (50,000)
EUG Smart Europe ESG ETF 4.52298 5,662,921 -
FNZ Smart NZ Top 50 ETF 3.00008 190,140,182 (300,000)
GBF Smart Global Bond ETF 3.08842 46,184,618 -
GGB Smart Global Government Bond ETF 2.48690 1,859,554 -
GLD Smart Gold ETF 4.14112 16,014,286 -
GPR Smart Global Property ETF 2.83089 1,506,307 -
INF Smart Global Infrastructure ETF 3.16454 1,992,059 -
JPN Smart Japan ESG ETF 3.57025 6,144,840 75,000
LIV Smart Healthcare Innovation ETF 3.23871 6,859,680 -
MDZ Smart NZ Mid Cap ETF 5.80854 22,840,674 -
MZY Smart Australian Mid Cap ETF 12.52263 24,032,274 -
NGB Smart S&P/NZX NZ Government Bond ETF 2.18769 6,916,727 -
NPF Smart NZ Property ETF 1.05596 74,011,748 -
NZB Smart NZ Bond ETF 3.01980 20,409,077 -
NZC Smart NZ Cash ETF 3.00953 13,158,712 -
NZG Smart S&P/NZX 50 ETF 2.46542 81,451,142 (100,000)
NZT Smart S&P/NZX 20 ETF 2.38960 2,581,742 -
OZY Smart Australian Top 20 ETF 6.05891 35,631,267 -
TNZ Smart NZ Top 10 ETF 1.89466 52,631,573 (250,000)
TWF Smart Total World ETF 5.09759 64,394,208 205,000
TWH Smart Total World (NZD Hedged) ETF 4.78136 137,649,889 105,000
USA Smart US ESG ETF 5.90558 7,426,766 -
USF Smart US 500 ETF 22.17897 50,366,994 30,000
USG Smart US Large Growth ETF 16.38863 37,263,866 -
USH Smart US 500 (NZD Hedged) ETF 4.04955 66,085,000 (190,000)
USM Smart US Mid Cap ETF 9.93365 5,322,745 -
USS Smart US Small Cap ETF 9.11596 5,573,711 -
UST Smart US Technology (NZD Hedged) ETF 3.55000 12,354,091 20,000
USV Smart US Large Value ETF 6.87428 8,828,176 -
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Nature of Notice and Reliance on Waiver

This notice is given by Smartshares Limited (Smart) under Listing Rule 3.13.1 and relates to the continuous issue of ordinary units by Smart in each of the exchange traded funds (each an ETF) established under the Smart Exchange Traded Funds managed investment scheme (Scheme) and listed on the Main Board.

This notice is given in reliance on a waiver from NZX Listing Rule 3.13.1 granted by Special Division on 23 May 2024 that allows Smart, subject to certain conditions, to release details of the issue of ordinary units in the ETFs through MAP other than in the prescribed form. This notice is to be read in conjunction with Smart’s master capital change notice which includes all the information required under NZX Listing Rule 3.13.1 and not currently covered in this notice.

About Smart

Established in 1996, Smartshares Limited (trading as “Smart”) is a wholly owned subsidiary of NZX Limited with more than $12 billion in funds under management, serving a wide range of investors, including individual investors, financial adviser customers, businesses, iwi and Pacific nation groups. Smart’s new brand is based on the belief ‘the wise invest Smart’, and that the wisest way to build wealth is to invest in market-tracking products over time. Through Smart ETFs, Kiwis can diversify their portfolios across over 40 ETFs providing access to global, high-performing and special interest markets. Smart is the manager and issuer of the Smart Exchange Traded Funds. The product disclosure statements are available at www.smartinvest.co.nz.

For further information please contact: Smartshares Limited 0800 80 87 80 contactus@smartinvest.co.nz