Smartshares NZ Top 10 ETF

The Smartshares NZ Top 10 Exchange Traded Fund (ETF) is designed to track the performance of the ten largest companies listed on New Zealand's stock exchange, the NZX. This ETF's primary function is to provide investors with exposure to the most significant segments of the New Zealand economy, reflecting the performance of industry leaders such as Fonterra, Fisher & Paykel Healthcare, and Auckland International Airport. As a diversified investment vehicle, it is composed of equities from multiple sectors, including healthcare, financial services, consumer goods, and utilities, offering broad market exposure within New Zealand. The Smartshares NZ Top 10 ETF plays an essential role in facilitating access to the local stock market for both domestic and international investors by enabling them to invest in a single product that reflects the top tier of New Zealand's public companies. It is managed by Smartshares Limited, part of the New Zealand Stock Exchange group, ensuring transparency, reliability, and efficient market participation. This ETF is particularly significant for those looking to capture the economic growth and business activity of New Zealand's leading corporations without the effort of purchasing each individual stock.