Smart US Small Cap ETF — Net Asset Value 2022

Nov 1, 2022

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

Wednesday, 2 November 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 1 November 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.02026	59,300,726	100,000
ASD	Smartshares Australian Dividend ETF	1.58285	19,929,541	-
ASF	Smartshares Australian Financials ETF	8.19708	3,165,468	-
ASP	Smartshares Australian Property ETF	1.43044	32,547,531	(250,000)
ASR	Smartshares Australian Resources ETF	6.10035	11,032,633	75,000
DIV	Smartshares NZ Dividend ETF	1.23391	70,907,211	-
EMF	Smartshares Emerging Markets ETF	1.22776	121,374,155	1,250,000
EUF	Smartshares Europe ETF	1.74510	101,326,036	-
FNZ	Smartshares NZ Top 50 ETF	3.03173	215,740,182	200,000
GBF	Smartshares Global Bond ETF	2.97624	68,534,618	(80,000)
MDZ	Smartshares NZ Mid Cap ETF	5.54542	30,440,674	(100,000)
MZY	Smartshares Australian Mid Cap ETF	9.59828	17,132,274	-
NPF	Smartshares NZ Property ETF	1.18540	110,636,748	(500,000)
NZB	Smartshares NZ Bond ETF	2.83887	102,771,618	(580,000)
NZC	Smartshares NZ Cash ETF	2.97774	109,383,712	(160,000)
OZY	Smartshares Australian Top 20 ETF	4.39382	37,656,267	-
TNZ	Smartshares NZ Top 10 ETF	1.84245	73,631,573	-
TWF	Smartshares Total World ETF	2.87895	84,924,208	(150,000)
USF	Smartshares US 500 ETF	12.07177	40,001,994	50,000
USG	Smartshares US Large Growth ETF	7.31294	27,068,866	100,000
USM	Smartshares US Mid Cap ETF	6.88695	13,422,745	-
USS	Smartshares US Small Cap ETF	6.31897	12,998,711	-
USV	Smartshares US Large Value ETF	4.73515	18,853,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.12848	140,066,268	-
BOT	Smartshares Automation and Robotics ETF	3.66469	12,520,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	1.97895	17,052,676	-
ESG	Smartshares Global Equities ESG ETF	2.61109	55,650,216	-
EUG	Smartshares Europe Equities ESG ETF	2.52188	14,002,921	-
JPN	Smartshares Japan Equities ESG ETF	1.92189	12,019,840	-
LIV	Smartshares Healthcare Innovation ETF	2.92664	10,169,680	-
USA	Smartshares US Equities ESG ETF	3.02893	16,426,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.38435	214,399,842	200,000
AUS	Smartshares S&P/ASX 200 ETF	3.06790	32,912,708	200,000
TWH	Smartshares Total World (NZD Hedged) ETF	2.83065	17,864,889	75,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.14965	123,101,427	-

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