Smartshares, NZX’s Exchange Traded Funds (ETFs) business, has registered a prospectus for the launch of three new ETFs to complement to its existing seven index funds.
The new Smartshares ETFs are the:New Zealand Dividend Fund, that invests in 25 of the highest dividend paying NZX-listed companies and the Australian Resources Fund (ASR), that focuses on listed Australian resources sector companies.
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