Smartshares suspends NTA announcements for key funds

Smartshares Limited announced on September 5, 2025, that net tangible asset per unit (NTA) announcements are currently unavailable for three of its funds: Smart S&P/NZX 50 ETF, Smart S&P/NZ Government Bond ETF, and Smart NZ Bond ETF. The company stated an investigation into the pricing used for such NTAs is underway but provided no specific reasons for the suspension.

The halt in NTA announcements impacts key investment vehicles offered by Smartshares. The Smart S&P/NZX 50 ETF tracks New Zealand's top 50 listed companies, while the Smart S&P/NZ Government Bond ETF and Smart NZ Bond ETF provide exposure to the New Zealand bond market.

For further information regarding this situation, stakeholders are directed to contact Stuart Millar, chief investment officer at Smartshares Limited, via email at stuart.millar@nzx.com. Smartshares did not provide an expected timeframe for the resumption of NTA announcements.