Smart US Small Cap ETF — Net Asset Value 2023

Apr 18, 2023

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

Wednesday, 19 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 18 April 2023.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.21335	61,125,726	(25,000)
ASD	Smartshares Australian Dividend ETF	1.74916	20,929,541	-
ASF	Smartshares Australian Financials ETF	7.73004	3,190,468	-
ASP	Smartshares Australian Property ETF	1.33946	39,297,531	(250,000)
ASR	Smartshares Australian Resources ETF	6.87074	12,457,633	-
DIV	Smartshares NZ Dividend ETF	1.20345	70,657,211	-
EMF	Smartshares Emerging Markets ETF	1.32766	106,289,155	35,000
EUF	Smartshares Europe ETF	2.04525	103,251,036	80,000
FNZ	Smartshares NZ Top 50 ETF	3.06039	211,840,182	(100,000)
GBF	Smartshares Global Bond ETF	3.04168	87,899,618	(40,000)
MDZ	Smartshares NZ Mid Cap ETF	5.44943	29,940,674	-
MZY	Smartshares Australian Mid Cap ETF	9.53215	17,432,274	-
NPF	Smartshares NZ Property ETF	1.15525	125,636,748	-
NZB	Smartshares NZ Bond ETF	2.87284	131,737,077	-
NZC	Smartshares NZ Cash ETF	2.99728	128,143,712	(100,000)
OZY	Smartshares Australian Top 20 ETF	4.54407	38,631,267	-
TNZ	Smartshares NZ Top 10 ETF	1.98060	72,381,573	-
TWF	Smartshares Total World ETF	3.00262	92,899,208	20,000
USF	Smartshares US 500 ETF	12.13648	42,701,994	(15,000)
USG	Smartshares US Large Growth ETF	7.66862	27,703,866	-
USM	Smartshares US Mid Cap ETF	6.70131	13,752,745	-
USS	Smartshares US Small Cap ETF	5.99107	13,338,711	-
USV	Smartshares US Large Value ETF	4.55603	19,623,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.14974	156,756,268	(100,000)
BOT	Smartshares Automation and Robotics ETF	4.13281	12,250,891	40,000
EMG	Smartshares Emerging Markets Equities ESG ETF	2.19106	16,712,676	-
ESG	Smartshares Global Equities ESG ETF	2.74828	59,700,216	-
EUG	Smartshares Europe Equities ESG ETF	2.98190	14,062,921	-
JPN	Smartshares Japan Equities ESG ETF	2.10148	11,969,840	-
LIV	Smartshares Healthcare Innovation ETF	2.88148	9,859,680	(30,000)
USA	Smartshares US Equities ESG ETF	3.05446	16,506,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.47737	213,199,842	(200,000)
AUS	Smartshares S&P/ASX 200 ETF	3.18025	33,712,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	3.01963	21,814,889	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.16288	109,301,427	-

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