TOTAL WORLD ETFs:
TOTAL WORLD ETF (TWF)
The Smartshares Total World ETF invests in the Vanguard Total World Stock ETF, which is designed to track the return on the FTSE Global All Cap Index.
Expense ratio: 0.40% per year.
TOTAL WORLD (NZD HEDGED) ETF (TWH)
The Smartshares Total World (NZD Hedged) ETF invests in the Vanguard Total World Stock ETF, which is designed to track the return on the FTSE Global All Cap Index.
Expense ratio: 0.46% per year.
UNITED STATES ETFs:
S&P 500 & ESG ETFs
- US 500 ETF (USF)
The Smartshares US 500 ETF invests in the Vanguard S&P 500 ETF, which is designed to track the return on the S&P 500 Index.
Expense ratio: 0.34% per year.
- US EQUITIES ESG ETF (USA)
The Smartshares US Equities ESG ETF invests in the iShares MSCI USA ESG Screened UCITS ETF USD (Acc), which is designed to track the return on the MSCI USA ESG Screened Index.
Expense ratio: 0.34% per year.
VALUE & GROWTH ETFs
- US LARGE VALUE ETF (USV)
The Smartshares US Large Value ETF invests in the Vanguard Value ETF, which is designed to track the return on the CRSP US Large Cap Value Index.
Expense ratio: 0.51% per year.
- US LARGE GROWTH ETF (USG)
The Smartshares US Large Growth ETF invests in the Vanguard Growth ETF, which is designed to track the return on the CRSP US Large Cap Growth Index.
Expense ratio: 0.51% per year.
MID & SMALL CAP ETFs
- US SMALL CAP ETF (USS)
The Smartshares US Small Cap ETF invests in the Vanguard Small Cap ETF, which is designed to track the return on the CRSP US Small Cap Index.
Expense ratio: 0.51% per year.
- US MID CAP ETF (USM)
The Smartshares US Mid Cap ETF invests in the Vanguard Mid Cap ETF, which is designed to track the return on the CRSP US Mid Cap Index.
Expense ratio: 0.51% per year.
NEW ZEALAND ETFs:
NZ DIVIDEND ETF (DIV)
The Smartshares NZ Dividend ETF invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX 50 High Dividend Index.
Expense ratio: 0.54% per year.
Expense ratio: 0.54% per year.
NZ MID CAP ETF (MDZ)
The Smartshares NZ Mid Cap ETF invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX Mid Cap Index.
Expense ratio: 0.60% per year.
Expense ratio: 0.60% per year.
NZ TOP 50 ETF (FNZ)
The Smartshares NZ Top 50 ETF invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX 50 Portfolio Index.
Expense ratio: 0.50% per year.
Expense ratio: 0.50% per year.
S&P/NZX 50 ETF (NZG)
The Smartshares S&P/NZX 50 ETF is designed to track the return on the S&P/NZX 50 Index
Expense ratio: 0.20% per year.
Expense ratio: 0.20% per year.
NZ PROPERTY ETF (NPF)
The Smartshares NZ Property ETF invests in property assets listed on the NZX Main Board and is designed to track the return on the S&P/NZX Real Estate Select Index
Expense ratio: 0.54% per year.
Expense ratio: 0.54% per year.
NZ TOP 10 ETF (TNZ)
The Smartshares NZ Top 10 ETF invests in financial products listed on the NZX Main Board and is designed to track the return on the S&P/NZX 10 Index.
Expense ratio: 0.60% per year.
Expense ratio: 0.60% per year.
FIXED INCOME ETFs:
GLOBAL BOND ETF (GBF)
The Smartshares Global Bond ETF invests in international fixed interest assets, with the objective of outperforming the Barclays Global Aggregate Index by 1% per annum over rolling 3-year periods, hedged against the New Zealand dollar.
Expense ratio: 0.54% per year.
GLOBAL AGGREGATE BOND ETF (AGG)
The Smartshares Global Aggregate Bond ETF invests in the iShares Core Global Aggregate Bond UCITS ETF NZD Hedged (Acc), which is designed to track the return on the Bloomberg Barclays Global Aggregate Index hedged to the New Zealand dollar.
Expense ratio: 0.30% per year.
WHAT ARE ETFs AND WHAT ARE THE ADVANTAGES?
EXCHANGE TRADED FUNDS
- ETF (Exchange Traded Fund) is a financial asset traded on the stock exchange. It consists of several financial assets from the same assets class and seeks to replicate the performance of a given index, either fixed income or variable income.
- ETFs are used on a large scale in the passive investment strategy because they are diversified and have lower management fees.
- In New Zealand, ETFs are not capital gain taxed and some of them do not pay dividends since they are reinvested in their own units.
- Examples of ETFs in NZX (New Zealand Exchange): Smartshares NZ Top 50 ETF (FNZ), Smartshares S&P/NZX ETF (NZG), Smartshares S&P/ASX 200 ETF (AUS), Smartshares US Equities ESG ETF (USA), etc.
BENEFITS
Advantages of ETFs for investors:
- Greater simplicity.
- Lower administration fees.
- Lower risk.
- Profitability in line with the market.
- Low need for follow-up (or portfolio rotation)
See below the ETFs traded on NZX-New Zealand Exchange.
