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 9,000 unit holders and more than NZD $500 million of funds under management.
Smartshares funds are listed on the NZX so you can buy or sell them just like individual shares. Smartshares ETFs are listed funds designed to “track” a sharemarket index or a group of pre-defined shares in a sector that are regularly rebalanced. Each Smartshares ETF is comprised of the securities of the companies that make up the index it tracks or the predefined group of shares in one sector.
Each Smartshares ETF is designed to provide investors with similar returns to a direct investment in all the securities that make up the ETF.
Smartshares is also a provider of a KiwiSaver scheme, smartkiwi, which invests in two of the Smartshares ETFs.
For more information and for a copy of the investment statement for the offers visit: www.smartshares.co.nz