Smart US Small Cap ETF — Net Asset Value 2022

Dec 5, 2022

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

Tuesday, 6 December 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 5 December 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.06278	60,195,726	(20,000)
ASD	Smartshares Australian Dividend ETF	1.64023	20,304,541	-
ASF	Smartshares Australian Financials ETF	7.94892	3,140,468	-
ASP	Smartshares Australian Property ETF	1.36272	37,297,531	-
ASR	Smartshares Australian Resources ETF	6.55240	11,032,633	-
DIV	Smartshares NZ Dividend ETF	1.21562	71,407,211	-
EMF	Smartshares Emerging Markets ETF	1.26638	122,494,155	(30,000)
EUF	Smartshares Europe ETF	1.80905	102,796,036	(35,000)
FNZ	Smartshares NZ Top 50 ETF	3.05893	215,740,182	(100,000)
GBF	Smartshares Global Bond ETF	3.04248	94,129,618	-
MDZ	Smartshares NZ Mid Cap ETF	5.56345	30,240,674	-
MZY	Smartshares Australian Mid Cap ETF	9.47640	17,432,274	-
NPF	Smartshares NZ Property ETF	1.17988	119,261,748	-
NZB	Smartshares NZ Bond ETF	2.86431	116,617,077	-
NZC	Smartshares NZ Cash ETF	2.97108	124,853,712	650,000
OZY	Smartshares Australian Top 20 ETF	4.41563	37,881,267	-
TNZ	Smartshares NZ Top 10 ETF	1.90854	73,381,573	-
TWF	Smartshares Total World ETF	2.82293	89,599,208	20,000
USF	Smartshares US 500 ETF	11.52477	41,201,994	(15,000)
USG	Smartshares US Large Growth ETF	6.96207	27,473,866	120,000
USM	Smartshares US Mid Cap ETF	6.63711	13,467,745	(20,000)
USS	Smartshares US Small Cap ETF	5.99772	13,113,711	30,000
USV	Smartshares US Large Value ETF	4.53100	19,088,176	(20,000)
AGG	Smartshares Global Aggregate Bond ETF	1.15147	140,746,268	-
BOT	Smartshares Automation and Robotics ETF	3.71635	12,410,891	(20,000)
EMG	Smartshares Emerging Markets Equities ESG ETF	2.06653	17,212,676	-
ESG	Smartshares Global Equities ESG ETF	2.54412	57,240,216	-
EUG	Smartshares Europe Equities ESG ETF	2.62051	14,022,921	-
JPN	Smartshares Japan Equities ESG ETF	1.95166	12,019,840	-
LIV	Smartshares Healthcare Innovation ETF	2.85675	10,099,680	(20,000)
USA	Smartshares US Equities ESG ETF	2.89510	16,476,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.43766	216,799,842	-
AUS	Smartshares S&P/ASX 200 ETF	3.07077	32,412,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	2.93200	19,564,889	170,000
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.17302	125,101,427	600,000

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