Smartshares AUS ETF unit issues fluctuate in late April/early May

Smartshares Limited has released a series of notices regarding the Net Tangible Assets (NTA) and unit issuances for its Australian Top 200 ETF (NZX:AUS). On April 30, 2025, the NTA was reported at NZD 3.47875 per unit, with 64,212,708 units outstanding. Fluctuations occurred in subsequent reports, starting with a decrease of 5,300,000 units reported by May 2, followed by a recovery to 58,912,708 units outstanding. These changes reflect market activity and trading demand for the ETF during the specified period. The notices are issued in compliance with NZX Listing Rule 3.13.1, utilizing a waiver granted by Special Division on May 23, 2024, and are part of Smartshares' ongoing disclosure practices. Smartshares Limited, a wholly owned subsidiary of NZX Limited, manages over NZD 12 billion in funds, offering a variety of ETFs for investors seeking diversified market exposure.