Smartshares Australian Property ETF units decrease by 125k
Smartshares Limited announced a decrease in the number of units issued for the Smartshares Australian Property ETF (NZX:ASP) as of April 3, 2025. The units on issue decreased by 125,000. The net tangible asset (NTA) per unit for the ASP ETF was reported as NZD 1.39832, with 26,672,531 units on issue. Smartshares Limited issued this notice under Listing Rule 3.13.1, related to the continuous issuance of ordinary units in the ETF, established under the Smart Exchange Traded Funds managed investment scheme and listed on the Main Board. This is being done in reliance on a waiver from NZX Listing Rule 3.13.1 granted by Special Division on 23 May 2024. Smartshares continues to manage over 40 ETFs.
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