Smart US Small Cap ETF — Net Asset Value 2022

Nov 14, 2022

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

Tuesday, 15 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 14 November 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.12546	59,370,726	-
ASD	Smartshares Australian Dividend ETF	1.66154	20,054,541	125,000
ASF	Smartshares Australian Financials ETF	8.06379	3,140,468	(25,000)
ASP	Smartshares Australian Property ETF	1.41277	31,922,531	-
ASR	Smartshares Australian Resources ETF	6.76084	10,957,633	-
DIV	Smartshares NZ Dividend ETF	1.20750	70,782,211	(125,000)
EMF	Smartshares Emerging Markets ETF	1.28234	121,374,155	-
EUF	Smartshares Europe ETF	1.83968	101,361,036	-
FNZ	Smartshares NZ Top 50 ETF	3.01149	215,540,182	-
GBF	Smartshares Global Bond ETF	3.00338	71,234,618	2,540,000
MDZ	Smartshares NZ Mid Cap ETF	5.54809	30,440,674	-
MZY	Smartshares Australian Mid Cap ETF	9.72682	17,132,274	-
NPF	Smartshares NZ Property ETF	1.17769	111,511,748	875,000
NZB	Smartshares NZ Bond ETF	2.85507	103,631,618	-
NZC	Smartshares NZ Cash ETF	2.98083	108,863,712	-
OZY	Smartshares Australian Top 20 ETF	4.50908	37,656,267	-
TNZ	Smartshares NZ Top 10 ETF	1.81945	73,631,573	-
TWF	Smartshares Total World ETF	2.89992	84,754,208	(390,000)
USF	Smartshares US 500 ETF	11.84168	40,141,994	70,000
USG	Smartshares US Large Growth ETF	7.18243	27,113,866	-
USM	Smartshares US Mid Cap ETF	6.84029	13,422,745	-
USS	Smartshares US Small Cap ETF	6.21506	12,968,711	-
USV	Smartshares US Large Value ETF	4.64287	18,898,176	(20,000)
AGG	Smartshares Global Aggregate Bond ETF	1.13173	140,686,268	(60,000)
BOT	Smartshares Automation and Robotics ETF	3.79512	12,480,891	(20,000)
EMG	Smartshares Emerging Markets Equities ESG ETF	2.07462	17,212,676	-
ESG	Smartshares Global Equities ESG ETF	2.61303	56,440,216	-
EUG	Smartshares Europe Equities ESG ETF	2.63373	14,022,921	-
JPN	Smartshares Japan Equities ESG ETF	1.99518	12,019,840	-
LIV	Smartshares Healthcare Innovation ETF	2.91748	10,149,680	(20,000)
USA	Smartshares US Equities ESG ETF	2.94437	16,456,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.36621	214,899,842	500,000
AUS	Smartshares S&P/ASX 200 ETF	3.13583	32,912,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	2.92719	18,879,889	450,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.15342	123,901,427	800,000

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