Smart US Small Cap ETF — Net Asset Value 2022

Dec 15, 2022

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

Friday, 16 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 15 December 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.04070	60,250,726	-
ASD	Smartshares Australian Dividend ETF	1.61621	20,554,541	-
ASF	Smartshares Australian Financials ETF	7.86825	3,140,468	-
ASP	Smartshares Australian Property ETF	1.35005	38,422,531	-
ASR	Smartshares Australian Resources ETF	6.37614	11,257,633	75,000
DIV	Smartshares NZ Dividend ETF	1.21068	71,657,211	-
EMF	Smartshares Emerging Markets ETF	1.23986	122,619,155	-
EUF	Smartshares Europe ETF	1.79369	104,126,036	470,000
FNZ	Smartshares NZ Top 50 ETF	3.04028	216,140,182	(200,000)
GBF	Smartshares Global Bond ETF	3.04478	95,009,618	-
MDZ	Smartshares NZ Mid Cap ETF	5.54559	30,440,674	-
MZY	Smartshares Australian Mid Cap ETF	9.28824	17,357,274	-
NPF	Smartshares NZ Property ETF	1.15948	121,011,748	-
NZB	Smartshares NZ Bond ETF	2.84568	116,677,077	-
NZC	Smartshares NZ Cash ETF	2.97339	123,903,712	-
OZY	Smartshares Australian Top 20 ETF	4.35283	38,181,267	-
TNZ	Smartshares NZ Top 10 ETF	1.89220	73,381,573	-
TWF	Smartshares Total World ETF	2.75032	91,834,208	1,720,000
USF	Smartshares US 500 ETF	11.16817	41,441,994	275,000
USG	Smartshares US Large Growth ETF	6.72687	27,508,866	20,000
USM	Smartshares US Mid Cap ETF	6.42599	13,467,745	-
USS	Smartshares US Small Cap ETF	5.74378	13,133,711	-
USV	Smartshares US Large Value ETF	4.40346	19,328,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.15617	140,846,268	-
BOT	Smartshares Automation and Robotics ETF	3.71784	12,370,891	(40,000)
EMG	Smartshares Emerging Markets Equities ESG ETF	2.02782	17,212,676	-
ESG	Smartshares Global Equities ESG ETF	2.51758	58,430,216	1,140,000
EUG	Smartshares Europe Equities ESG ETF	2.62458	14,022,921	-
JPN	Smartshares Japan Equities ESG ETF	1.94874	12,069,840	-
LIV	Smartshares Healthcare Innovation ETF	2.80076	10,099,680	-
USA	Smartshares US Equities ESG ETF	2.85562	16,446,766	(30,000)
NZG	Smartshares S&P/NZX 50 ETF	2.42148	217,299,842	100,000
AUS	Smartshares S&P/ASX 200 ETF	3.02276	32,812,708	200,000
TWH	Smartshares Total World (NZD Hedged) ETF	2.87025	19,729,889	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.14600	125,101,427	-

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