Ann: GENERAL: NZX: Smartshares to launch 9 new Exchange Traded Funds

• Release Date: 22/07/15 08:30
• Summary: GENERAL: NZX: Smartshares to launch 9 new Exchange Traded Funds
• Price Sensitive: No
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					NZX
22/07/2015 08:30
GENERAL
PRICE SENSITIVE
REL: 0830 HRS NZX Limited

GENERAL: NZX: Smartshares to launch 9 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 nine new ETFs to
complement its existing 10 Smartshares ETFs.

The new ETFs will give investors the opportunity to invest in a broad range
of international securities through one simple NZD purchase.

1. US 500 Trust (USF) - invests in Vanguard's S&P 500 ETF, which aims to
track 500 large securities listed on the NYSE or NASDAQ markets

2. Europe Trust (EUF) - invests in Vanguard's FTSE Europe ETF, which aims to
track securities in developed European markets including Germany, Switzerland
and the UK

3. Asia Pacific Trust (APA) - invests in Vanguard's FTSE Pacific ETF, which
aims to track securities in developed Asia Pacific markets, including Japan,
Singapore and Australia

4. Emerging Markets Trust (EMF) - invests in Vanguard's FTSE Emerging Markets
ETF, which aims to track securities from emerging markets including Brazil,
China, and India

5. Total World Trust (TWF) - invests in Vanguard's FTSE Total World Stock
ETF, which aims to track securities from both developed and emerging markets
including Hong Kong, Norway, and USA

6. US Large Value Trust (USV) - invests in Vanguard's Value ETF, which aims
to track large value securities listed on the NYSE or NASDAQ markets

7. US Large Growth Trust (USG) - invests in Vanguard's Growth ETF, which aims
to track large growth securities listed on the NYSE or NASDAQ markets

8. US Mid-Cap Trust (USM) - invests in Vanguard's Mid-Cap ETF, which aims to
track mid-cap entities listed on the NYSE or NASDAQ markets

9. US Small-Cap Trust (USS) - invests in Vanguard's Small-Cap ETF, which aims
to track small-cap entities listed on the NYSE or NASDAQ markets

NZX Head of Funds Management Aaron Jenkins commented: "We're excited to
expand Smartshares' range of low cost index-based ETFs, and provide New
Zealand investors with an easy way to gain exposure to international
equities, with the added benefit that dividends are paid in New Zealand
dollars."

"NZX is committed to broadening the range of investment products for New
Zealand investors. The launch of these new ETFs is a terrific opportunity for
investors to gain exposure to some of the world's largest listed companies,
many of which we often connect with as consumers."

Smartshares ETFs are listed funds that aim to provide a return to unitholders
that closely matches the return on a specific equity market index or
predefined group of shares. Each new ETF will invest exclusively in a
different underlying fund currently offered by the Vanguard Group, Inc, which
seeks to track a benchmark index.

The new funds announced today will provide investors with further cost
effective opportunities to broaden their investment portfolio into
international equity ETFs, and complement Smartshares' existing suite of 10
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)

Following quotation, which is expected to commence on 29 July 2015,
subscribers will be able to review an investment statement (which will be
available at www.smartshares.co.nz) and apply for the nine new ETFs.

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
about NZX, please visit: www.nzxgroup.com
End CA:00267235 For:NZX    Type:GENERAL    Time:2015-07-22 08:30:09