Smart Global Aggregate Bond ETF sets dividend reinvestment price

The Smart Global Aggregate Bond ETF (AGG) has set the strike price for units issued in lieu of dividends. The manager, Smartshares Limited, announced that the strike price for units related to the distribution to be paid on 19 September 2025 is 1.217 per unit.

Smartshares Limited, trading as "Smart," is a wholly owned subsidiary of NZX Limited. Established in 1996, it manages over $12 billion in funds and serves a diverse investor base, including individuals, financial advisers, businesses, iwi, and Pacific nation groups.

The company's brand emphasizes investing in market-tracking products, offering access to over 40 ETFs that cover global, high-performing, and special interest markets, enabling Kiwis to diversify their portfolios.