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NZX MidCap Index
Background
The
NZX MidCap Index (the index SmartMIDZ tracks) comprises companies that are included in the NZX 50 Index, excluding those who are also included in the NZX 10 Index. From time to time, the composition of the NZX MidCap Index may change. As SmartMIDZ mirrors the NZX MidCap Index it is re-balanced to match this, so you always have a portfolio of medium sized New Zealand companies.
Constituents
| Code |
Company |
Market Capitalisation |
| AIR |
Air New Zealand Limited (NS) |
$310,106,830 |
| APT |
AMP NZ Office Trust |
$546,231,588 |
| CAV |
Cavalier Corporation Limited |
$86,257,291 |
| EBO |
Ebos Group Limited |
$209,327,513 |
| FRE |
Freightways Limited |
$424,452,386 |
| GMT |
Goodman Property Trust |
$782,237,157 |
| HLG |
Hallenstein Glasson Holdings Limited |
$120,169,580 |
| IMP |
ING Medical Properties Trust |
$98,570,490 |
| ING |
ING Property Trust |
$279,466,480 |
| MFT |
Mainfreight Limited |
$598,366,253 |
| MHI |
Michael Hill International Limited |
$169,689,981 |
| MVN |
Methven Limited |
$38,616,463 |
| NPX |
Nuplex Industries Limited |
$510,741,444 |
| NZO |
New Zealand Oil and Gas Limited |
$564,171,093 |
| NZR |
The New Zealand Refining Company Limited |
$245,691,601 |
| NZS |
NZ Farming Systems Uruguay Limited |
$331,642,768 |
| NZX |
NZX Limited |
$160,681,883 |
| PFI |
Property for Industry Limited |
$245,396,030 |
| PGW |
PGG Wrightson Limited |
$421,710,830 |
| POT |
Port of Tauranga Limited (NS) |
$422,431,380 |
| PPL |
Pumpkin Patch Limited |
$198,320,000 |
| PRC |
Pike River Coal Limited |
$193,186,454 |
| RAK |
Rakon Limited |
$210,665,034 |
| RYM |
Ryman Healthcare Limited |
$875,000,000 |
| SAN |
Sanford Limited |
$293,434,254 |
| SKL |
Skellerup Holdings Limited |
$58,166,006 |
| STU |
Steel & Tube Holdings Limited |
$108,398,848 |
| THL |
Tourism Holdings Limited |
$109,348,111 |
| TPW |
TrustPower Limited |
$413,348,548 |
| TWR |
Tower Limited |
$288,103,438 |
| VCT |
Vector Limited |
$570,210,000 |
| WHS |
The Warehouse Group Limited |
$311,895,409 |
Source: NZX

Source: NZX
There are 13 industry sectors of the New Zealand economy in represented in
SmartMIDZ, including key sectors such as energy, property, transport,
ports
and financial
services. This shows that no single sector is currently dominant, which
reduces the risk of exposure to a downturn in any particular sector.
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