Australian Dividend Fund (NS) (“ASD”) – Name Change

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 30 May 2019 Subject: Australian Dividend Fund (NS) ("ASD") - Name Change Message: NZX Operations ("NZXO") advises that Australian Dividend Fund (NS) ("ASD") will be changing its name to Smartshares Australian Dividend ETF. This name change will be reflected by NZX Limited from market open on Thursday, 6 June 2019. The ticker code and ISIN for ASD units will remain unchanged. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00335280 For:ASD Type:MEMO Time:2019-05-30 10:45:24