Smartshares US Large Growth ETF Analysis

Overview

The US Large Growth Fund is a unit trust, as defined in the Units Trust Act 1960. The beneficial interest in the Fund is divided into units with each unit representing an equal interest in the assets of the Fund, but not conferring any interest in any specific asset of the Fund.

The US Large Growth Fund's investment objective is to provide a return (before tax, fees and other expenses) that closely matches the return on the Vanguard Growth ETF (which, in turn, looks to provide a return that closely matches the return on the CRSP US Large Cap Growth Index). The CRSP US Large Cap Growth Index is made up of growth financial products of large US companies.

USG has been granted Listing with a 'Non-Standard' ("NS") designation. This designation was granted due to provisions in USG's Trust Deed which allow the fund manager to take steps to ensure statutory limits on the size of an investor's holdings. For further information, please see a copy of the waiver under Documents on USG's homepage on nzx.com.

Performance

No performance was provided by the company.