NZX’s Smartshares lists four new ETFs

NZX’s Smartshares lists four new ETFs
Staff reporters
NZX’s Smartshares division has launched a core series of exchange traded funds, including four new products, to cater to growing demand for the passive form of investment.The four new funds will track the S&P/NZX 50 Gross Index, an index of NZ government bonds, Australia’s top 200 listed companies and a hedged FTSE Global All Cap Index, comprised of 8,000 stocks from around the world. Existing ETFs in the core series track the US S&P 500 Index, an unhedged FTSE Global All Cap Index, a Bloomberg global bond index, and NZ&rsqu...