Smart US Small Cap ETF — Net Asset Value 2022

Jan 31, 2022

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

Tuesday, 1 February 2022

==> picture [166 x 29] intentionally omitted <==

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 31 January 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.23506	57,505,726	65,000
ASD	Smartshares Australian Dividend ETF	1.62172	19,054,541	-
ASF	Smartshares Australian Financials ETF	7.42400	3,340,468	-
ASP	Smartshares Australian Property ETF	1.58696	34,547,531	-
ASR	Smartshares Australian Resources ETF	5.78985	8,182,633	-
DIV	Smartshares NZ Dividend ETF	1.25342	70,782,211	(250,000)
EMF	Smartshares Emerging Markets ETF	1.47199	113,064,155	100,000
EUF	Smartshares Europe ETF	1.99066	99,021,036	85,000
FNZ	Smartshares NZ Top 50 ETF	3.20996	209,440,182	-
GBF	Smartshares Global Bond ETF	3.28324	66,564,618	(100,000)
MDZ	Smartshares NZ Mid Cap ETF	6.15287	30,240,674	100,000
MZY	Smartshares Australian Mid Cap ETF	9.09519	17,732,274	-
NPF	Smartshares NZ Property ETF	1.46007	110,511,748	-
NZB	Smartshares NZ Bond ETF	2.98275	99,131,618	(300,000)
NZC	Smartshares NZ Cash ETF	2.95477	134,893,712	(700,000)
OZY	Smartshares Australian Top 20 ETF	4.13200	38,256,267	-
TNZ	Smartshares NZ Top 10 ETF	1.91406	76,131,573	-
TWF	Smartshares Total World ETF	3.06092	74,927,555	100,000
USF	Smartshares US 500 ETF	12.29011	36,906,994	85,000
USG	Smartshares US Large Growth ETF	8.26903	25,093,866	45,000
USM	Smartshares US Mid Cap ETF	6.87315	13,512,745	-
USS	Smartshares US Small Cap ETF	6.07807	13,243,711	15,000
USV	Smartshares US Large Value ETF	4.39095	18,473,176	65,000
AGG	Smartshares Global Aggregate Bond ETF	1.28325	133,284,630	(190,000)
BOT	Smartshares Automation and Robotics ETF	4.27700	12,655,891	40,000
EMG	Smartshares Emerging Markets Equities ESG ETF	2.40975	16,592,676	170,000
ESG	Smartshares Global Equities ESG ETF	2.81331	50,180,216	-
EUG	Smartshares Europe Equities ESG ETF	2.84208	13,772,921	15,000
JPN	Smartshares Japan Equities ESG ETF	2.12986	11,859,840	-
LIV	Smartshares Healthcare Innovation ETF	2.84017	10,154,680	40,000
USA	Smartshares US Equities ESG ETF	3.08183	16,106,766	(50,000)
NZG	Smartshares S&P/NZX 50 ETF	2.53354	124,099,842	-
AUS	Smartshares S&P/ASX 200 ETF	2.93940	30,612,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	3.23964	23,919,829	60,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.30641	95,301,427	-

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