Ann: GENERAL: NZX: Smartshares to launch 3 new Exchange Traded Funds

• Release Date: 27/03/15 09:15
• Summary: GENERAL: NZX: Smartshares to launch 3 new Exchange Traded Funds
• Price Sensitive: No
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					NZX
27/03/2015 09:15
GENERAL
PRICE SENSITIVE
REL: 0915 HRS NZX Limited

GENERAL: NZX: Smartshares to launch 3 new Exchange Traded Funds

Smartshares, NZX's Exchange Traded Funds (ETFs) business, is pleased to
announce it has registered a prospectus for the launch of three new ETFs to
complement to its existing seven Smartshares ETFs.

The new Smartshares ETFs are the:

1. New Zealand Dividend Fund (DIV), that invests in 25 of the highest
dividend paying New Zealand listed companies

2. Australian Resources Fund (ASR), that focuses on listed Australian
resources sector companies

3. Australian Financials Fund (ASF) that focuses on listed Australian
financial sector companies

Smartshares ETFs are listed funds that aim to provide a return to unit
holders that closely matches the return on a specific equity market index or
predefined group of shares.

The NZ Dividend Fund tracks the S&P/NZX 50 High Dividend Index, the
Australian Financials Fund tracks the S&P/ASX 200 Financials Ex-A-REIT Index,
and the Australian Resources Fund tracks the S&P/ASX 200 Resources Index.

Smartshares announced in December 2014 its intention to launch a broad range
of domestic and international debt and equity ETFs, following the
announcement that NZX would acquire leading New Zealand superannuation and
passive funds manager SuperLife. Together, SuperLife and Smartshares have
more than $1.7 billion of funds under management.

The new funds announced today will provide investors with further cost
effective opportunities to broaden their investment portfolio into income and
sector funds, and complement Smartshares' existing suite of ETFs, which
comprises:

o Australian Property Index Trust (ASP) - the objective of this fund is to
provide a return that closely matches the S&P/ASX 200 A-REIT Equal Weight
Index

o Australian Dividend Index Trust (ASD) - the objective of this fund is to
provide a return that closely matches the return on the S&P/ASX Dividend
Opportunities index

o New Zealand Top 50 (FNZ) - the objective of this fund is to provide a
return that closely matches the return on the NZX 50 Portfolio Index. The NZX
50 Portfolio Index comprises 50 of the largest entities listed on the NZX
Main Board

o New Zealand Top 10 (TNZ) - the objective of this fund is to provide a
return that closely matches the return on the NZX 10 Index. The NZX 10 Index
comprises 10 of the largest entities listed on the NZX Main Board

o Australian Top 20 (OZY) - the objective of this fund is to provide a return
that closely matches the return on the S&P/ASX 20 Index. The S&P/ASX 20 Index
comprises 20 of the largest entities listed on the ASX

o Australian Mid Cap (MZY) - the objective of this fund is to provide a
return that closely matches the return on the S&P/ASX MidCap 50 Index. The
S&P/ASX MidCap 50 Index comprises 50 entities ranked from 51 to 100 by market
capitalisation and liquidity on the ASX

o New Zealand Mid Cap (MDZ) - the objective of this fund is to provide a
return that closely matches the return on the NZX MidCap Index. The NZX
MidCap Index comprises a broad range of medium sized New Zealand entities
listed on the NZX Main Board

Smartshares is a wholly owned subsidiary of NZX and is the pioneer of ETFs in
New Zealand, having launched the first New Zealand ETF in 1996.

No applications for the three new ETFs will be accepted unless the subscriber
has received an investment statement (available at www.smartshares.co.nz
following quotation, which is expected to commence on Tuesday 7 April).

Smartshares has applied to Special Division (that regulates Smartshares in
place of NZX) for permission to quote the units in the new funds on the NZX
Main Board. However, the Special Division accepts no responsibility for any
statement in this announcement or in respect of the offer. The NZX Main Board
is a licensed market operated by NZX Limited, a licensed market operator
regulated under the Financial Markets Conduct Act 2013.

For further information please contact:
Kate McLaughlin
Corporate Communications
T: 09 309 3654
M: 027 533 4529
E: [email protected]
End CA:00262355 For:NZX    Type:GENERAL    Time:2015-03-27 09:15:25