Announcement

MKTUPDTE: TWF: TWF NTA 10-01-2019 $2.01286 09:12a.m. 
TWF  
11/01/2019 09:12  
MKTUPDTE  
NOT PRICE SENSITIVE  
REL: 0912 HRS Total World Fund (NS)  
 
MKTUPDTE: TWF: TWF NTA 10-01-2019 $2.01286  
 
Friday, 11 January 2019  
 
TWF NTA & Allotment Notice  
 
Smartshares Limited would like to report details of the Units on Issue for  
the Total World Fund (TWF) as at 10 January 2019  
 
Units on Issue: 20,415,273  
Units Allotted/(Redeemed): -  
 
Net Tangible Assets (NTA): $2.01286  
Tracking Difference 0.45%  
 
The objective of the Total World Fund (TWF) is to invest in Vanguard's Total  
World Stock ETF (VT), which aims to track the FTSE Global All Cap Index. The  
FTSE Global All Cap Index is a market-capitalisation weighted index  
representing the performance of the large, mid and small cap stocks globally.  
 
Code Security description  
VT FTSE Global All Cap Index  
 
About Smartshares  
Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF  
(TNZ - the NZ Top 10 Fund) in 1996. Smartshares is New Zealand's only issuer  
of ETFs listed on the NZX Main Board, with in excess of 15,000 unit holders  
and more than NZD $2.4 billion of funds under management. The Special  
Division of the New Zealand Markets Disciplinary Tribunal regulates  
Smartshares in a similar way to NZX Regulation's regulation of other listed  
issuers. Smartshares funds are listed on NZX so you can buy or sell them just  
like individual shares. The listed funds are designed to "track" (or, in some  
cases, outperform) an index. Each Smartshares ETF is designed to provide  
investors with similar returns to a direct investment in all the securities  
that make up the ETF. To learn more and obtain a copy of the Product  
Disclosure Statement, please visit: www.smartshares.co.nz  
 
For further information please contact:  
Smartshares Limited  
0800 80 87 80  
smartshares@smartshares.co.nz  
End CA:00329351 For:TWF Type:MKTUPDTE Time:2019-01-11 09:12:35