Smart announces dividend reinvestment strike price for government bond ETF

The manager of the Smart S&P/NZX NZ Government Bond ETF (NGB) has announced the strike price for units issued in lieu of dividend. For the distribution to be paid on September 19, 2025, the strike price per unit will be NZD 2.246. This allows eligible investors to reinvest their dividends into additional units of the ETF.

Smartshares Limited, trading as "Smart," is a wholly owned subsidiary of NZX Limited and was established in 1996. The company manages over NZD 12 billion in funds, catering to a diverse client base including individual investors, financial advisers, businesses, iwi, and Pacific nation groups. Smart promotes investing in market-tracking products, offering access to over 40 ETFs for global and specialized market exposure.

Smart serves as the manager and issuer of the Smart Exchange Traded Funds. Comprehensive product disclosure statements are available on their website, www.smartinvest.co.nz. For additional information, Smartshares Limited can be contacted at 0800 80 87 80 or via email at contactus@smartinvest.co.nz.