Smart US Small Cap ETF — Net Asset Value 2023

Apr 4, 2023

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

Wednesday, 5 April 2023

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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 4 April 2023.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.16921	61,150,726	-
ASD	Smartshares Australian Dividend ETF	1.72133	20,929,541	-
ASF	Smartshares Australian Financials ETF	7.56158	3,190,468	-
ASP	Smartshares Australian Property ETF	1.31762	39,672,531	375,000
ASR	Smartshares Australian Resources ETF	6.67898	12,682,633	-
DIV	Smartshares NZ Dividend ETF	1.20372	70,907,211	(250,000)
EMF	Smartshares Emerging Markets ETF	1.29314	104,614,155	(80,000)
EUF	Smartshares Europe ETF	1.96362	103,031,036	-
FNZ	Smartshares NZ Top 50 ETF	3.06363	212,540,182	(200,000)
GBF	Smartshares Global Bond ETF	3.05667	88,179,618	40,000
MDZ	Smartshares NZ Mid Cap ETF	5.44820	30,040,674	-
MZY	Smartshares Australian Mid Cap ETF	9.27413	17,507,274	(75,000)
NPF	Smartshares NZ Property ETF	1.16238	124,761,748	-
NZB	Smartshares NZ Bond ETF	2.87712	128,057,077	(90,000)
NZC	Smartshares NZ Cash ETF	2.99361	127,723,712	(80,000)
OZY	Smartshares Australian Top 20 ETF	4.45028	38,481,267	(150,000)
TNZ	Smartshares NZ Top 10 ETF	1.98699	72,631,573	-
TWF	Smartshares Total World ETF	2.92120	93,229,208	-
USF	Smartshares US 500 ETF	11.82455	42,741,994	45,000
USG	Smartshares US Large Growth ETF	7.52206	27,623,866	(65,000)
USM	Smartshares US Mid Cap ETF	6.55113	13,752,745	-
USS	Smartshares US Small Cap ETF	5.87808	13,323,711	-
USV	Smartshares US Large Value ETF	4.41069	19,528,176	(50,000)
AGG	Smartshares Global Aggregate Bond ETF	1.15930	156,586,268	-
BOT	Smartshares Automation and Robotics ETF	4.10970	12,210,891	(50,000)
EMG	Smartshares Emerging Markets Equities ESG ETF	2.12856	16,712,676	-
ESG	Smartshares Global Equities ESG ETF	2.70279	59,750,216	-
EUG	Smartshares Europe Equities ESG ETF	2.86052	14,062,921	-
JPN	Smartshares Japan Equities ESG ETF	2.07377	11,969,840	-
LIV	Smartshares Healthcare Innovation ETF	2.71434	9,939,680	-
USA	Smartshares US Equities ESG ETF	2.98162	16,506,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.48049	213,299,842	(300,000)
AUS	Smartshares S&P/ASX 200 ETF	3.10840	33,712,708	300,000
TWH	Smartshares Total World (NZD Hedged) ETF	2.97769	21,944,889	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.17578	114,901,427	-

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