Ann: GENERAL: NZX: Smartshares to launch 4 new Exchange Traded Funds

• Release Date: 29/10/15 08:34
• Summary: GENERAL: NZX: Smartshares to launch 4 new Exchange Traded Funds
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					NZX
29/10/2015 08:34
GENERAL
PRICE SENSITIVE
REL: 0834 HRS NZX Limited

GENERAL: NZX: Smartshares to launch 4 new Exchange Traded Funds

29 October 2015

Smartshares to launch 4 new Exchange Traded Funds

Smartshares, NZX's Exchange Traded Funds (ETFs) business, is pleased to
announce it has registered two prospectuses for the launch of four new ETFs
to complement its existing 19 Smartshares ETFs.

The new ETFs will give investors the opportunity to invest in New Zealand
bonds and cash, global bonds and New Zealand listed property businesses.

NZX Head of Funds Management Aaron Jenkins commented: "Smartshares is
committed to developing a vibrant ETF market that provides New Zealand
investors with a range of diverse, low-cost and easily accessible investment
options. These four new Smartshares ETFs mean investors now have access to a
comprehensive selection of global and domestic ETFs across the main
investment asset classes of Cash, Bonds, Shares and Property."

The new Smartshares ETFs are:

1. Global Bond Trust (GBT) - invests in global interest bearing assets, bonds
and other global securities, benchmarked against the Barclays Global
Aggregate Index and hedged in NZD

2. New Zealand Bond Trust (NZB) - invests in New Zealand interest bearing
assets, including a range of fixed income securities, benchmarked against the
S&P/NZX A-Grade Corporate Bond Index

3. New Zealand Cash Trust (NZC) - invests in New Zealand short term interest
bearing assets, as well as other cash and cash equivalent investments,
benchmarked against the NZX 90-Day Bank Bill Index

4. New Zealand Property Trust (NPF) - invests in a selection of the largest
NZX-listed property businesses and seeks to track the performance of the
S&P/NZX Real Estate Select Index

Smartshares ETFs are listed funds that aim to provide a return to unitholders
that closely matches the return on a specific market index such as the New
Zealand Property Trust, or outperform a benchmark index such as the Global
Bond Trust, New Zealand Bond Trust and New Zealand Cash Trust. The new funds
announced today will complement Smartshares' existing suite of 19 ETFs, which
comprises:

o New Zealand Dividend (DIV)
o Australian Resources (ASR)
o Australian Financials (ASF)
o Australian Property (ASP)
o Australian Dividend (ASD)
o New Zealand Top 50 (FNZ)
o New Zealand Top 10 (TNZ)
o Australian Top 20 (OZY)
o Australian Mid Cap (MZY)
o New Zealand Mid Cap (MDZ)
o US 500 Trust (USF)
o Europe Trust (EUF)
o Asia Pacific Trust (APA)
o Emerging Markets Trust (EMF)
o Total World Trust (TWF)
o US Large Value Trust (USV)
o US Large Growth Trust (USG)
o US Mid-Cap Trust (USM)
o US Small-Cap Trust (USS)

Following quotation of the new ETFs, expected to commence on 12 November
2015, investors will be able to review an investment statement (which will be
available at www.smartshares.co.nz) and apply online.

Smartshares has applied to the Special Division of the NZ Markets
Disciplinary Tribunal (which 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]

About NZX Limited
NZX builds and operates capital, risk and commodity markets and the
infrastructure required to support them. We provide high quality information,
data and tools to support business decision making. We aim to make a
meaningful difference to wealth creation for our shareholders and the
individuals, businesses and economies in which we operate. To learn more
please visit: www.nzxgroup.com

About Smartshares
Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF
(TNZ - the NZSX 10 Fund) in 1996. Smartshares is New Zealand's only issuer of
ETFs listed on the NZX Main Board, with in excess of 10,000 unit holders and
more than NZD $950 million of funds under management. 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 please visit: www.smartshares.co.nz
End CA:00272467 For:NZX    Type:GENERAL    Time:2015-10-29 08:34:28