Smart US Mid Cap ETF — Net Asset Value 2023

Jul 18, 2023

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

Tuesday, 18 July 2023

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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 17 July 2023.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.21782	59,380,726	-
ASD	Smartshares Australian Dividend ETF	1.68585	20,804,541	-
ASF	Smartshares Australian Financials ETF	7.76990	3,140,468	(25,000)
ASP	Smartshares Australian Property ETF	1.33069	39,922,531	-
ASR	Smartshares Australian Resources ETF	6.57642	12,832,633	(75,000)
DIV	Smartshares NZ Dividend ETF	1.22048	70,532,211	-
EMF	Smartshares Emerging Markets ETF	1.30400	106,994,155	30,000
EUF	Smartshares Europe ETF	2.00110	101,756,036	(100,000)
FNZ	Smartshares NZ Top 50 ETF	3.08762	211,240,182	-
GBF	Smartshares Global Bond ETF	3.05019	84,799,618	-
MDZ	Smartshares NZ Mid Cap ETF	5.41476	29,140,674	-
MZY	Smartshares Australian Mid Cap ETF	9.68679	17,507,274	-
NPF	Smartshares NZ Property ETF	1.17794	127,386,748	-
NZB	Smartshares NZ Bond ETF	2.87130	145,357,077	100,000
NZC	Smartshares NZ Cash ETF	3.00886	126,068,712	-
OZY	Smartshares Australian Top 20 ETF	4.35309	39,231,267	-
TNZ	Smartshares NZ Top 10 ETF	1.97145	71,631,573	(250,000)
TWF	Smartshares Total World ETF	3.06460	84,899,208	4,460,000
USF	Smartshares US 500 ETF	12.68336	46,906,994	-
USG	Smartshares US Large Growth ETF	8.57787	31,478,866	-
USM	Smartshares US Mid Cap ETF	6.86233	12,252,745	-
USS	Smartshares US Small Cap ETF	6.18955	13,478,711	-
USV	Smartshares US Large Value ETF	4.43590	17,398,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.15009	170,986,268	2,980,000
BOT	Smartshares Automation and Robotics ETF	4.50608	11,950,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.20576	16,042,676	-
ESG	Smartshares Global Equities ESG ETF	2.92932	59,910,216	-
EUG	Smartshares Europe Equities ESG ETF	2.98152	13,292,921	-
JPN	Smartshares Japan Equities ESG ETF	2.18361	12,179,840	-
LIV	Smartshares Healthcare Innovation ETF	2.76455	9,729,680	-
USA	Smartshares US Equities ESG ETF	3.27349	16,416,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.46207	215,299,842	600,000
AUS	Smartshares S&P/ASX 200 ETF	3.09123	32,612,708	200,000
TWH	Smartshares Total World (NZD Hedged) ETF	3.13106	21,564,889	100,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.14320	99,101,427	-
AUE	Smartshares Australian Equities ESG ETF	2.50832	6,640,000	-
GGB	Smartshares Global Government Bond ETF	2.48680	2,010,000	-
GPR	Smartshares Global Property ETF	2.56308	4,822,458	-
INF	Smartshares Global Infrastructure ETF	2.55540	5,667,059	50,000
USH	Smartshares US 500 (NZD Hedged) ETF	2.56832	2,070,000	50,000

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 21,000 unit holders and more than NZD $5.3 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