Smart US Small Cap ETF — Net Asset Value 2022

Jan 10, 2022

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

Monday, 10 January 2022

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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 7 January 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.31531	57,690,726	-
ASD	Smartshares Australian Dividend ETF	1.69317	19,179,541	125,000
ASF	Smartshares Australian Financials ETF	8.06450	3,290,468	(100,000)
ASP	Smartshares Australian Property ETF	1.69905	34,172,531	(250,000)
ASR	Smartshares Australian Resources ETF	5.78115	8,257,633	(75,000)
DIV	Smartshares NZ Dividend ETF	1.34056	71,157,211	-
EMF	Smartshares Emerging Markets ETF	1.46320	113,089,155	-
EUF	Smartshares Europe ETF	2.03725	99,791,036	(15,000)
FNZ	Smartshares NZ Top 50 ETF	3.48205	210,540,182	-
GBF	Smartshares Global Bond ETF	3.29634	67,274,618	-
MDZ	Smartshares NZ Mid Cap ETF	6.63902	30,040,674	-
MZY	Smartshares Australian Mid Cap ETF	9.87598	17,657,274	-
NPF	Smartshares NZ Property ETF	1.54334	110,886,748	-
NZB	Smartshares NZ Bond ETF	2.98973	99,391,618	-
NZC	Smartshares NZ Cash ETF	2.95341	134,343,712	-
OZY	Smartshares Australian Top 20 ETF	4.37039	38,406,267	-
TNZ	Smartshares NZ Top 10 ETF	2.10724	76,381,573	(250,000)
TWF	Smartshares Total World ETF	3.14950	72,907,555	-
USF	Smartshares US 500 ETF	12.66209	36,451,994	20,000
USG	Smartshares US Large Growth ETF	8.78072	24,808,866	65,000
USM	Smartshares US Mid Cap ETF	7.24424	13,527,745	65,000
USS	Smartshares US Small Cap ETF	6.49530	13,248,711	-
USV	Smartshares US Large Value ETF	4.40554	18,373,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.29265	130,744,630	-
BOT	Smartshares Automation and Robotics ETF	4.92380	12,570,891	70,000
EMG	Smartshares Emerging Markets Equities ESG ETF	2.42428	16,412,676	-
ESG	Smartshares Global Equities ESG ETF	2.91276	49,970,216	40,000
EUG	Smartshares Europe Equities ESG ETF	2.93017	13,807,921	-
JPN	Smartshares Japan Equities ESG ETF	2.23414	11,839,840	-
LIV	Smartshares Healthcare Innovation ETF	3.18925	10,309,680	30,000
USA	Smartshares US Equities ESG ETF	3.25127	16,146,766	50,000
NZG	Smartshares S&P/NZX 50 ETF	2.76400	122,999,842	-
AUS	Smartshares S&P/ASX 200 ETF	3.13006	30,112,708	(200,000)
TWH	Smartshares Total World (NZD Hedged) ETF	3.39798	23,739,829	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.31275	94,501,427	-

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 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