Some of the Smartshares ETFs gain exposure to global markets by investing directly in an underlying fund. For these ETFs, it is the underlying fund that contains a portfolio of securities designed to track a specific index.
Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF (TNZ - the NZ Top 10 Fund) in 1996.
Smartshares funds are listed on NZX so you can buy or sell them just like individual shares. The listed funds are designed to track (or, in some cases, outperform) an index. Each Smartshares ETF is designed to provide investors with similar returns to a direct investment in all the securities that make up the ETF.
Bevan is the Chairman of the Smartshares board, and CFO of NZX. He has extensive financial experience in the corporate and accounting sectors, previously as CFO at Acurity Health Group. Prior to that Bevan held a number of senior finance roles at Telecom (now Spark), having started his career in the audit division of global accounting firm KPMG.
Paul is a Smartshares Director, and Head of NZX Wealth Technologies. He has extensive funds management experience having previously worked for ASB leading its investment and wrap platform business, and prior to that was a corporate trustee, and Head of Retail Custodial Operations at Trustee Executors.
Guy is an Independent Director of Smartshares. He is currently Corporate Governance Manager at the Accident Compensation Corporation. Previously he was Head of Equities at AMP Capital Investors (New Zealand) Limited, and he has held a range of senior investment roles in New Zealand and the US.
John is an Independent Director of Smartshares. He is currently the Investment Manager at Trust Investments Management Limited. Previously he was a Key Client Manager at Vanguard Investments, and has held a range of investment strategy and consulting roles in the New Zealand institutional market.