About ETFs

Exchange Traded Funds (ETFs) can offer you a simple way to gain a wide exposure to securities markets with flexibility and low fees.

Smartshares offers a range of ETFs which trade on market, just like an ordinary share, but provide the diversification and performance benefits of an index tracking fund. They can be bought and sold through an NZX Advisor just like shares, or you can set up a regular savings plan to invest monthly with no transaction fees. Each Smartshares Fund is designed to mirror a particular sharemarket index and so each ETF is comprised of the securities, or shares, of the companies of the index that it tracks. For example, smartTENZ is a basket of shares that mirrors the NZX 10 Index which tracks the performance of New Zealand's top ten listed companies. This means investors get returns that are very similar to those of the index.

For more information visit www.smartshares.co.nz or the Investing section on www.nzx.com.