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The easy way to invest in the New Zealand sharemarket's "blue chip" companiesWhen you buy SmartTENZ, you buy exposure to all the companies in the NZX 10 Index - the 10 largest companies listed on the NZSX Market. TENZ companies are among New Zealand's biggest and most successful corporations. Together they make up around 57% of the value of the NZSX Market by market capitalisation and as a collective force they are an important economic engine in the New Zealand economy. SmartTENZ is an ETF that diversifies your investment across 10 different companies. This makes them a relatively low risk sharemarket investment compared to investing in individual shares. They also charge much lower management fees than most actively managed funds because they track an index and therefore require relatively little management. SmartTENZ are currently trading on the NZSX Market.
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