About Smartshares LimitedBackgroundSmartshares Ltd is a wholly owned subsidiary of New Zealand Exchange Ltd (NZX). Smartshares Limited is the pioneer of ETFs in New Zealand, launching the first ETF (TENZ - the NZSX 10 Fund) in 1996. As at 31 October 2005, TENZ had over 3,500 unitholders and over NZ$75 million in funds under management. TENZ was rated one of the top performing funds in New Zealand in 2004 by FundSource Research Ltd. Smartshares Limited now manages five ETFs, marketed under the Smartshares brand. They include SmartFONZ (NZX 50 Portfolio Index Fund), SmartTENZ (NZX 10 Index Fund), SmartMIDZ (NZX MidCap Index Fund), SmartMOZY (NZX Australian MidCap Index Fund) and SmartOZZY (NZX 20 Australian Leaders Index Fund). Smartshares Limited works in association with NZX in tracking the New Zealand indices for Smartshares, and with the ASX and Standard & Poors who operate the S&P/ASX MidCap Index, which SmartMOZY tracks. For more information contact Smartshares Limited. |
Smartshares Limited is a wholly owned subsidiary of New Zealand Exchange Limited
(NZX) and is the manager of SmartFONZ, SmartTENZ, SmartMIDZ, SmartMOZY and SmartOZZY Funds. NZX does not guarantee the performance
of SmartFONZ, SmartTENZ, SmartMIDZ, SmartMOZY, and SmartOZZY Funds. Units in SmartFONZ, SmartTENZ, SmartMIDZ, SmartMOZY, and SmartOZZY Funds have been accepted for
quotation by NZX and will be quoted upon completion of allotment procedures. However the
Special Division which regulates NZX takes no responsibility for this offer. Copies of relevant
Investment Statements can be obtained by contacting a Primary Market Participant or
Smartshares Ltd directly at www.smartshares.nzx.com or by phoning 0800 80 87 80.
All currency in New Zealand dollars unless otherwise stated.