FNZ NTA 31-05-2018 $2.51085

Friday, 1 June 2018 FNZ NTA & Allotment Notice Smartshares Limited would like to report details of the Units on Issue for the NZ Top 50 Fund (FNZ) as at 31 May 2018. Units on Issue: 173,951,179 Units Allotted/(Redeemed): 0 Net Tangible Assets (NTA): $2.51085 Tracking Difference: -0.33% The objective of the NZ Top 50 Fund (FNZ) is to provide a return that closely matches the return on the S&P/NZX 50 Portfolio Index. The S&P/NZX 50 Portfolio Index comprises 50 of the largest entities listed on the NZX Main Board. The following companies are currently held in the Fund: Code Security description AIA Auckland International Airport Ltd. AIR Air New Zealand Ltd. ANZ Australia and New Zealand Banking Group Ltd. ARG Argosy Property Ltd ARV Arvida Group Ltd. ATM The a2 Milk Company Ltd. CBL* CBL Corporation Limited CEN Contact Energy Ltd. CNU Chorus Ltd. CVT Comvita Ltd. EBO Ebos Group Ltd. FBU Fletcher Building Ltd. FPH Fisher & Paykel Healthcare Corporation Ltd. FRE Freightways Ltd. FSF Fonterra Shareholders' Fund Units GMT Goodman Property Trust GNE Genesis Energy Ltd. GTK Gentrack Group Ltd. HBL Heartland Bank Ltd. IFT Infratil Ltd IPL Investore Property Ltd. KMD Kathmandu Holdings Ltd KPG Kiwi Property Group Ltd. MCY Mercury NZ Ltd. MEL Meridian Energy Ltd MET Metlifecare Ltd MFT Mainfreight Ltd. NZR The New Zealand Refining Company Ltd. NZX NZX Ltd. PCT Precinct Properties New Zealand Ltd. PFI Property for Industry Ltd. POT Port Of Tauranga Ltd. PPH Pushpay Ltd. RBD Restaurant Brands NZ Ltd. RYM Ryman Healthcare Ltd. SAN Sanford Ltd. SCL Scales Corporation Ltd. SKC SKYCITY Entertainment Group Ltd. SKT Sky Network Television Ltd. SML Synlait Milk Ltd. SPG Stride Property Group SPK Spark New Zealand Ltd. SUM Summerset Group Holdings Ltd. THL Tourism Holdings Ltd. TME Trade Me Group Ltd. TPW Trustpower Ltd. VCT Vector Ltd. VHP Vital Healthcare Property Trust WBC Westpac Banking Corporation ZEL Z Energy Ltd. *Please note due to extended suspension of CBL trading, Smartshares have used an independent valuation of the CBL holding in this fund in accordance with the governing documents of the scheme. 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 14,000 unit holders and more than NZD $2.3 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 End CA:00318808 For:FNZ Type:MKTUPDTE Time:2018-06-01 08:30:37