USG Distribution Letter

21/11/2024 10:47 NZDT, MKTUPDTE

Thursday, 21 November 2024

Smart US Large Growth ETF Distribution - November 2024

The Smart US Large Growth ETF (USG) invests in the Vanguard Growth ETF, which is designed to track the return on the CRSP US Large Cap Growth Index.

USG pays semi-annual distributions, where available, based on income received during that distribution calculation period from the underlying Fund.

For the period 16 May 2024 to 14 November 2024, the Fund has not received sufficient income to pay a distribution and cover forecast taxes and expenses. As a result, USG will not pay a distribution for the period ending 29 November 2024.

About Smart

Established in 1996, Smartshares Limited (trading as “Smart”) is a wholly owned subsidiary of NZX Limited with more than $12 billion in funds under management, serving a wide range of investors, including individual investors, financial adviser customers, businesses, iwi and Pacific nation groups. Smart’s new brand is based on the belief ‘the wise invest Smart’, and that the wisest way to build wealth is to invest in market-tracking products over time. Through Smart ETFs, Kiwis can diversify their portfolios across 40 ETFs providing access to global, high-performing and special interest markets. Smart is the manager and issuer of the Smart Exchange Traded Funds. The product disclosure statements are available at www.smartinvest.co.nz

For further information please contact:

Smartshares Limited

0800 80 87 80

contactus@smartinvest.co.nz