BR Prd 16/09
Issued
25 Oct 2016
Effective 
1 April 2016 to 30 September 2017

Smartshares Limited

Applicant
Smartshares Limited

This product ruling relates to the resettlement of the NZX 50 Portfolio Index Fund (the Existing Fund) onto the NZ Top 50 Fund (the New Fund) by redeeming units held by unitholders (Unitholders) in the Existing Fund, applying the redemption proceeds to acquire units in the New Fund on behalf of Unitholders, and transferring the assets of the Existing Fund to the New Fund.