Smart US Small Cap ETF — Net Asset Value 2022

Nov 16, 2022

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

Thursday, 17 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 16 November 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.10340	60,070,726	700,000
ASD	Smartshares Australian Dividend ETF	1.66859	20,304,541	250,000
ASF	Smartshares Australian Financials ETF	8.04623	3,140,468	-
ASP	Smartshares Australian Property ETF	1.40492	31,922,531	-
ASR	Smartshares Australian Resources ETF	6.75242	10,957,633	-
DIV	Smartshares NZ Dividend ETF	1.20858	70,782,211	-
EMF	Smartshares Emerging Markets ETF	1.29420	122,274,155	900,000
EUF	Smartshares Europe ETF	1.80909	102,861,036	1,500,000
FNZ	Smartshares NZ Top 50 ETF	3.01178	215,540,182	-
GBF	Smartshares Global Bond ETF	3.01065	71,014,618	-
MDZ	Smartshares NZ Mid Cap ETF	5.54947	30,340,674	(100,000)
MZY	Smartshares Australian Mid Cap ETF	9.68024	17,282,274	-
NPF	Smartshares NZ Property ETF	1.16187	111,511,748	-
NZB	Smartshares NZ Bond ETF	2.86034	116,797,077	12,495,459
NZC	Smartshares NZ Cash ETF	2.98129	108,013,712	(200,000)
OZY	Smartshares Australian Top 20 ETF	4.51806	37,656,267	-
TNZ	Smartshares NZ Top 10 ETF	1.81887	73,631,573	-
TWF	Smartshares Total World ETF	2.87392	86,054,208	280,000
USF	Smartshares US 500 ETF	11.73325	40,441,994	300,000
USG	Smartshares US Large Growth ETF	7.12839	27,273,866	(40,000)
USM	Smartshares US Mid Cap ETF	6.77517	13,472,745	-
USS	Smartshares US Small Cap ETF	6.17835	13,068,711	-
USV	Smartshares US Large Value ETF	4.59106	19,053,176	55,000
AGG	Smartshares Global Aggregate Bond ETF	1.13595	140,686,268	-
BOT	Smartshares Automation and Robotics ETF	3.84977	12,480,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.11758	17,212,676	-
ESG	Smartshares Global Equities ESG ETF	2.58783	56,440,216	-
EUG	Smartshares Europe Equities ESG ETF	2.63149	14,022,921	-
JPN	Smartshares Japan Equities ESG ETF	1.98953	12,019,840	-
LIV	Smartshares Healthcare Innovation ETF	2.95244	10,149,680	-
USA	Smartshares US Equities ESG ETF	2.97250	16,456,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.36589	216,199,842	1,300,000
AUS	Smartshares S&P/ASX 200 ETF	3.13437	33,112,708	200,000
TWH	Smartshares Total World (NZD Hedged) ETF	2.91970	19,139,889	30,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.15781	123,901,427	-

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