TNZ NTA 20-02-2017 $1.37746

Tuesday, 21 February 2017 TNZ NTA & Allotment Notice Smartshares Limited would like to report details of the Units on Issue for the NZ Top 10 Fund (TNZ) as at 20 February 2017 Units on Issue: 56,332,943 Units Allotted/(Redeemed): - Net Tangible Assets (NTA): $1.37746 Tracking Difference 0.33% The objective of the NZ Top 10 Fund (TNZ) is to provide a return that closely matches the return on the S&P/NZX 10 Index. The S&P/NZX 10 Index comprises 10 of the largest entities listed on the NZX Main Board, meaning that your investment is effectively diversified across 10 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. CEN Contact Energy Ltd. FBU Fletcher Building Ltd. FPH Fisher & Paykel Healthcare Corporation Ltd. MEL Meridian Energy Ltd. RYM Ryman Healthcare Ltd. SKC SkyCity Entertainment Group Ltd. SKT Sky Network Television Ltd. SPK Spark New Zealand Ltd. ZEL Z Energy Ltd. 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 10,000 unit holders and more than NZD $1.6 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.com End CA:00297104 For:TNZ Type:NTA Time:2017-02-21 09:11:04