Worldwide Growth of ETFsSmartshares are part of the worldwide ETF phenomenonExchange traded funds (ETFs) are a relatively unfamiliar investment category in New Zealand, but have become one of the fastest growing investment categories in the world. Today, in the USA there are over 130 ETFs accounting for over US$166 billion of investment. In Europe there are over 120 ETFs on offer to investors, tracking a multitude of sharemarkets and industry sectors. The growth of ETFs has been most pronounced in recent years. Over the last seven years, the amount of money in ETFs around the world has increased by 80% a year.
Source: The Investment Company Institute Many of the world's leading financial institutions now create and manage ETFs based on some of the leading worldwide indices. ETFs track indices such as the Dow Jones Industrial Average, the NASDAQ and MSCI indices and trade on most major international exchanges around the world. In New Zealand, Smartshares Ltd offers more ETFs than any other provider through the Smartshares products. |
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.