Smart Australian Financials ETF (ASF.NZ) is an exchange-traded fund that tracks the performance of the S&P/ASX 200 Financials Ex-A-REIT Index, providing investors with exposure to financial sector companies listed on the Australian Securities Exchange (ASX) that are included in the S&P/ASX 200 Index, excluding Australian real estate investment trusts; top holdings include Commonwealth Bank of Australia, National Australia Bank, and Macquarie Group. The ETF offers diversified access to Australian financials across sub-sectors such as banks, insurance providers, diversified financial services, and asset managers, with a focus on large-cap blend investment style and daily pricing in New Zealand dollars. Issued by Smartshares Limited (trading as Smart), New Zealand's largest ETF provider established in 1996 and headquartered in Wellington, the fund is listed on the NZX Main Board and domiciled in New Zealand, primarily targeting retail and institutional investors seeking Australasian equity exposure.
Launched on April 7, 2015, the ETF manages approximately NZ$62 million in assets under management as of late 2025, with units issued under ISIN NZASFE0001S6 and supervised by Public Trust. In recent developments, its issuer Smartshares underwent a rebranding to Smart in October 2024 to simplify its product offerings and enhance investor access, alongside plans to launch four new ETFs and a strategic alliance with iShares by BlackRock announced in October 2024 for additional global index products. These initiatives reflect Smart's ongoing expansion in ETFs, building on its portfolio of over 30 funds with more than $15 billion in total funds under management, as a wholly owned subsidiary of NZX Limited. No specific acquisitions, funding rounds, or operational changes directly affecting ASF.NZ were reported in the last 1-2 years.