Fund – Smartshares2017-12-21T09:48:38+00:00

Smartshares

Smartshares is New Zealand’s leading passive investment manager and the pioneer of Exchange Traded Funds (ETFs) in New Zealand, launching the first ETF in 1996.

Smartshares is committed to providing innovative financial solutions for passive investors, and is the manager of a comprehensive selection of 23 global and domestic ETFs, across the main investment asset classes of bonds, cash, property and shares. The units in the ETFs are listed on the NZX Main Board and are tradeable like individual shares.

Each fund is a listed Portfolio Investment Entity (PIE).

Smartshares Exchange Traded Funds are issued and managed by Smartshares Limited, a wholly owned subsidiary of NZX Limited. The Product Disclosure Statement for the Smartshares Exchange Traded Funds is available and can be downloaded from www.smartshares.co.nz.

Smartshares on InvestNow

NZ Top 50 Fund

The NZ Top 50 Fund invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX 50 Portfolio Index. The S&P/NZX 50 Portfolio Index is made up of 50 of the largest financial products listed on the NZX Main Board. The S&P/NZX 50 Portfolio Index is made up of the same financial products as the S&P/NZX 50 Index, but with a 5% cap on the weight of each product.

NZ Mid Cap Fund

The NZ Mid Cap Fund invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX Mid Cap Index. The S&P/NZX Mid Cap Index is made up of financial products listed on the NZX Main Board and included in the S&P/NZX 50 Index, but excludes products included in the S&P/NZX 10 Index and products issued by non-New Zealand issuers.

Australian Top 20 Fund

The Australian Top 20 Fund invests in financial products listed on the ASX and is designed to track the return on the S&P/ASX 20 Index. The S&P/ASX 20 Index is made up of 20 of the largest financial products listed on the ASX.

Australian Mid Cap Fund

The Australian Mid Cap Fund invests in financial products listed on the ASX and is designed to track the return on the S&P/ASX Mid Cap 50 Index. The S&P/ASX Mid Cap 50 Index is made up of financial products listed on the ASX and included in the S&P/ASX 100 Index, but excludes products included in the S&P/ASX 50 Index.

Total World

The Total World Fund invests in the Vanguard Total World Stock ETF, which is designed to track the return on the FTSE Global All Cap Index. The Vanguard Total World Stock ETF invests all, or substantially all, of its assets in the financial products included in the FTSE Global All Cap Index.

Europe

The Europe Fund invests in the Vanguard FTSE Europe ETF, which is designed to track the return on the FTSE Developed Europe All Cap Index. The Vanguard FTSE Europe ETF invests all, or substantially all, of its assets in the financial products included in the FTSE Developed Europe All Cap Index.

US 500

The US 500 Fund invests in the Vanguard S&P 500 ETF, which is designed to track the return on the S&P 500 Index. The Vanguard S&P 500 ETF invests all, or substantially all, of its assets in the financial products included in the S&P 500 Index.

See our Smartshares range of funds