SmartShares - Smart Australian Property ETF
ASP.NZ
New Zealand Exchange- -
NZD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Level 1, NZX Centre, 11 Cable Street Wellington New Zealand 6011
- IPO Date
- Dec 17, 2014
- Website
- smartinvest.co.nz
- Similar Companies
- Business
- Smart Australian Property ETF (ASP.NZ) provides investors with exposure to the Australian real estate investment trust sector by tracking the performance of the S&P/ASX 200 A-REIT Equal Weight Index before tax, fees, and expenses. The ETF invests in a diversified portfolio of ASX-listed Australian Real Estate Investment Trusts (A-REITs) and mortgage REITs, including top holdings such as Centuria Industrial REIT, BWP Trust, Scentre Group, HomeCo Daily Needs REIT, and Dexus, with no single constituent exceeding equal weighting in the index. Listed on the NZX Main Board since December 15, 2014, the ETF is domiciled in New Zealand, headquartered in Wellington, and managed and issued by Smartshares Limited, a wholly-owned subsidiary of NZX Limited. The fund offers units that trade like shares on the NZX, distributing dividends periodically with a recent yield of approximately 3.17%, and maintains a total expense ratio including fund charges of 0.54%. Geographically focused on Australasia, it provides New Zealand investors access to Australian property assets without direct ownership, emphasizing passive replication through physical holdings in approximately 99.83% real estate securities. The ETF serves retail investors, financial advisers, and institutions seeking diversified property exposure amid varying economic conditions. In October 2024, the issuer Smartshares Limited rebranded to Smart, aligning its identity with a broader suite of over 40 market-tracking ETFs and emphasizing the philosophy that "the wise invest Smart," while retaining all existing ticker codes including ASP.NZ. This rebranding coincided with a strategic alliance announced in October 2024 with iShares by BlackRock, enabling launches of four new ETFs (Smart Bitcoin ETF, Smart Gold ETF, Smart US Technology ETF, and Smart S&P/NZX 20 ETF) to expand investor choices in thematic and global markets. Recent operational updates include quarterly fund reports as of September 30, 2025, and dividend reinvestment plan strike prices set in December 2025, reflecting ongoing liquidity and distribution management.