Smart US Small Cap ETF — Net Asset Value 2022

Feb 23, 2022

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

Thursday, 24 February 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 23 February 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.22091	57,770,726	-
ASD	Smartshares Australian Dividend ETF	1.66704	18,804,541	-
ASF	Smartshares Australian Financials ETF	7.99176	3,290,468	-
ASP	Smartshares Australian Property ETF	1.62459	35,047,531	-
ASR	Smartshares Australian Resources ETF	6.10383	8,182,633	-
DIV	Smartshares NZ Dividend ETF	1.30225	70,407,211	(125,000)
EMF	Smartshares Emerging Markets ETF	1.45297	113,634,155	130,000
EUF	Smartshares Europe ETF	1.90098	99,081,036	(50,000)
FNZ	Smartshares NZ Top 50 ETF	3.27893	209,140,182	(200,000)
GBF	Smartshares Global Bond ETF	3.23798	67,264,618	1,270,000
MDZ	Smartshares NZ Mid Cap ETF	6.17936	30,640,674	-
MZY	Smartshares Australian Mid Cap ETF	9.21164	17,732,274	-
NPF	Smartshares NZ Property ETF	1.43308	110,511,748	-
NZB	Smartshares NZ Bond ETF	2.97024	98,771,618	-
NZC	Smartshares NZ Cash ETF	2.95613	135,503,712	-
OZY	Smartshares Australian Top 20 ETF	4.32323	38,256,267	-
TNZ	Smartshares NZ Top 10 ETF	1.97293	75,631,573	-
TWF	Smartshares Total World ETF	2.93374	78,192,555	2,190,000
USF	Smartshares US 500 ETF	11.60309	37,341,994	(40,000)
USG	Smartshares US Large Growth ETF	7.70505	25,263,866	(50,000)
USM	Smartshares US Mid Cap ETF	6.63715	13,497,745	(15,000)
USS	Smartshares US Small Cap ETF	5.93319	13,188,711	-
USV	Smartshares US Large Value ETF	4.21100	18,623,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.25952	135,294,630	-
BOT	Smartshares Automation and Robotics ETF	4.17287	12,755,891	20,000
EMG	Smartshares Emerging Markets Equities ESG ETF	2.38643	16,632,676	40,000
ESG	Smartshares Global Equities ESG ETF	2.66473	50,230,216	-
EUG	Smartshares Europe Equities ESG ETF	2.73253	13,812,921	(10,000)
JPN	Smartshares Japan Equities ESG ETF	2.10015	11,909,840	-
LIV	Smartshares Healthcare Innovation ETF	2.79565	10,174,680	-
USA	Smartshares US Equities ESG ETF	2.97439	15,996,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.58548	126,299,842	100,000
AUS	Smartshares S&P/ASX 200 ETF	3.05978	31,012,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	3.16581	24,039,829	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.28912	95,501,427	-

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