Smart US Small Cap ETF — Net Asset Value 2023

Jul 5, 2023

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

Wednesday, 5 July 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 July 2023.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.25730	59,280,726	-
ASD	Smartshares Australian Dividend ETF	1.69161	20,804,541	-
ASF	Smartshares Australian Financials ETF	7.83454	3,115,468	-
ASP	Smartshares Australian Property ETF	1.33456	39,422,531	-
ASR	Smartshares Australian Resources ETF	6.57494	12,907,633	(375,000)
DIV	Smartshares NZ Dividend ETF	1.23098	70,657,211	-
EMF	Smartshares Emerging Markets ETF	1.32416	106,999,155	-
EUF	Smartshares Europe ETF	2.01977	101,826,036	-
FNZ	Smartshares NZ Top 50 ETF	3.08597	212,040,182	(1,200,000)
GBF	Smartshares Global Bond ETF	3.04412	86,349,618	220,000
MDZ	Smartshares NZ Mid Cap ETF	5.35264	29,640,674	-
MZY	Smartshares Australian Mid Cap ETF	9.57400	17,507,274	-
NPF	Smartshares NZ Property ETF	1.18435	126,886,748	-
NZB	Smartshares NZ Bond ETF	2.86428	144,057,077	(60,000)
NZC	Smartshares NZ Cash ETF	3.00465	126,018,712	-
OZY	Smartshares Australian Top 20 ETF	4.40748	39,231,267	-
TNZ	Smartshares NZ Top 10 ETF	1.99464	71,881,573	-
TWF	Smartshares Total World ETF	3.12586	80,044,208	-
USF	Smartshares US 500 ETF	12.99512	46,726,994	-
USG	Smartshares US Large Growth ETF	8.69825	31,023,866	800,000
USM	Smartshares US Mid Cap ETF	6.98517	12,252,745	-
USS	Smartshares US Small Cap ETF	6.29858	13,343,711	-
USV	Smartshares US Large Value ETF	4.59155	17,378,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.14875	162,156,268	-
BOT	Smartshares Automation and Robotics ETF	4.52010	11,930,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.22550	16,042,676	-
ESG	Smartshares Global Equities ESG ETF	2.97609	59,840,216	-
EUG	Smartshares Europe Equities ESG ETF	2.99692	13,262,921	-
JPN	Smartshares Japan Equities ESG ETF	2.24451	12,129,840	-
LIV	Smartshares Healthcare Innovation ETF	2.81824	9,729,680	(20,000)
USA	Smartshares US Equities ESG ETF	3.33138	16,366,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.47070	214,699,842	-
AUS	Smartshares S&P/ASX 200 ETF	3.11258	32,612,708	200,000
TWH	Smartshares Total World (NZD Hedged) ETF	3.13612	21,344,889	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.13148	96,301,427	-
AUE	Smartshares Australian Equities ESG ETF	2.52773	6,640,000	-
GGB	Smartshares Global Government Bond ETF	2.49195	2,000,000	-
GPR	Smartshares Global Property ETF	2.57507	4,772,458	-
INF	Smartshares Global Infrastructure ETF	2.52936	5,617,059	-
USH	Smartshares US 500 (NZD Hedged) ETF	2.54539	2,000,000	-

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