Smartshares AGG bond ETF unit issuance fluctuates amid asset updates

Smartshares Global Aggregate Bond ETF (NZX:AGG) saw dynamic changes in its unit issuance and net tangible assets (NTA) during the first few days of May 2025. On April 30, the ETF reported an NTA of NZD1.20734. By May 1, this had slightly increased to NZD1.20880, accompanied by the creation of 50,000 new units, bringing the total to 176,701,268. The total fund size is NZD176,651,268. However, the trend reversed by May 2, with the NTA decreasing to NZD1.20740 and unit creation halting; the total number of units remained at 176,701,268. These adjustments reflect ongoing market activity and fund management within the Smart Exchange Traded Funds scheme. These figures are part of Smartshares' regular disclosures, providing transparency on the fund's performance and unit activity.