NZ Top 50 Fund (NS) (“FNZ”) – Name Change

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 30 May 2019 Subject: NZ Top 50 Fund (NS) ("FNZ") - Name Change Message: NZX Operations ("NZXO") advises that NZ Top 50 Fund (NS) ("FNZ") will be changing its name to Smartshares NZ Top 50 ETF. This name change will be reflected by NZX Limited from market open on Thursday, 6 June 2019. The ticker code and ISIN for FNZ units will remain unchanged. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00335285 For:FNZ Type:MEMO Time:2019-05-30 10:45:48