Smartshares NZ Top 50 ETF (NZE:FNZ)

Assets	577.97M
Expense Ratio	0.50%
PE Ratio	25.39
Dividend (ttm)	0.08
Dividend Yield	2.68%
Ex-Dividend Date	Nov 27, 2025
Payout Frequency	Semi-Annual
Payout Ratio	67.84%
1-Year Return	+8.60%

Volume	38,244
Open	3.044
Previous Close	3.038
Day's Range	3.019 - 3.044
52-Week Low	2.859
52-Week High	3.305
Beta	0.37
Holdings	52
Inception Date	Dec 10, 2004

About FNZ

Smartshares NZ Top 50 ETF is an exchange traded fund launched and managed by Smartshares Limited. It invests in the public equity markets of New Zealand. The fund seeks to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the S&P/NZX 50 Portfolio Index, by investing in the stocks of companies as per their weightings in the index. It was formerly known as NZX 50 Portfolio Index Fund. Smartshares NZ Top 50 ETF was formed on October 15, 2004 and is domiciled in New Zealand.

• Asset Class: Equity
• Category: Large Cap
• Stock Exchange: New Zealand Stock Exchange
• Ticker Symbol: FNZ
• Provider: Smart
• Index Tracked: S&P/NZX 50 Portfolio - NZD

Performance

FNZ had a total return of 8.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.96%.

Top 10 Holdings

50.49% of assets

Name	Symbol	Weight
Infratil Limited	IFT	5.52%
The a2 Milk Company Limited	ATM	5.20%
Meridian Energy Limited	MEL	5.16%
Contact Energy Limited	CEN	5.15%
EBOS Group Limited	EBO	5.07%
Mercury NZ Limited	MCY	5.00%
Fisher & Paykel Healthcare Corporation Limited	FPH	4.99%
Mainfreight Limited	MFT	4.87%
Auckland International Airport Limited	AIA	4.84%
Chorus Limited	CNU	4.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Nov 27, 2025	0.04031 NZD	Dec 19, 2025
May 29, 2025	0.0406 NZD	Jun 19, 2025
Nov 28, 2024	0.03255 NZD	Dec 20, 2024
May 30, 2024	0.04055 NZD	Jun 20, 2024
Nov 29, 2023	0.04589 NZD	Dec 20, 2023
May 30, 2023	0.03994 NZD	Jun 20, 2023