{ "schemaVersion": "1.1", "canonicalUrl": "https://managedfunds.nz/funds/smartshares/esg-global-esg/", "fetchedAt": "2026-06-20T08:25:17.216Z", "fund": { "slug": "esg-global-esg", "name": "Smart Global ESG ETF", "managerSlug": "smartshares", "category": "international-equities", "riskProfile": null, "isPie": true, "isEtf": true, "ticker": "ESG", "isHedged": null, "isResponsibleInvestment": true, "isThematic": null, "isFifNotPie": null, "shortDescription": null, "availableVia": [ "direct" ], "dataStatus": "pending-ingestion" }, "manager": { "slug": "smartshares", "name": "Smartshares", "legalName": "Smartshares Limited", "parent": "NZX Limited", "website": "https://smartshares.co.nz", "hq": "Wellington" }, "category": { "slug": "international-equities", "name": "International Equities", "shortName": "International Equities" }, "metrics": { "status": "ok", "matchScore": 3.5, "sortedFundName": "SMART GLOBAL ESG ETF", "sortedManager": "SMARTSHARES LIMITED smartinvest.co.nz", "sortedUrl": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14633/", "fetchedAt": "2026-05-22T02:56:13.498Z", "source_doc": "sorted/SCH10752/OFR10865/FND14633", "source_doc_date": "2026-05-22", "source_doc_url": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14633/", "source_tier": "C", "riskIndicator": 5, "annualFundChargePct": 0.54, "peerAvgFeePct": 0.91, "fiveYearReturnPct": 12.12, "peerAvg5YearReturnPct": 4.91, "growthAssetsPct": 98.31, "incomeAssetsPct": 1.69, "fundSizeNzd": 314428888.55, "pdsUrl": "/disclose-document/mdo2aaf406a5534f2cb3aea6f63e0b3a0d0/PDS-Core-Series-23-Sep-Final.pdf", "strategySummary": "“\n The Smart Global ESG ETF is designed to track the return (before tax, fees and other expenses) of the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index. The Index is comprised of global companies screened for exposure to controversial weapons, civilian firearms, tobacco, thermal coal and oil sands. The Index excludes companies that fail to comply with the United Nations Global Compact Principles. For more information, please refer to the Smart Responsible Investment Policy.\n ”", "topHoldings": [ { "asset": "IShares Core MSCI World Ex Australia ESG ETF", "assetClass": "Shares", "type": "International Equities", "country": "AU", "weightPct": 99.95 }, { "asset": "NZD Cash Account (ANZ Bank)", "assetClass": "Cash", "type": "Cash and Cash Equivalents", "country": "NZ", "weightPct": 0.62 }, { "asset": "BNP Paribas Nominees", "assetClass": "Cash", "type": "Cash and Cash Equivalents", "country": "AU", "weightPct": 0.13 } ], "fundStartDate": "6 June 2019", "minimumInvestmentNzd": 500, "documents": [ { "label": "SMART GLOBAL ESG ETF (FND14633) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 0.39 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/full-portfolio/FND14633/SMART-GLOBAL-ESG-ETF-FND14633-Full-portfolio-holdings-31-March-2026.xlsx" }, { "label": "PDS Core Series 23 Sep Final.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 947.54 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo2aaf406a5534f2cb3aea6f63e0b3a0d0/PDS-Core-Series-23-Sep-Final.pdf" }, { "label": "smart exchange traded funds fund update smart global esg etf.pdf The quarterly update published by the provider PDF, 172.78 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/7fe226560702170f/smart-exchange-traded-funds-fund-update-smart-global-esg-etf.pdf" }, { "label": "Product Disclosure Statement Smartshares Exchange Traded Funds Resettlement Offer.pdf Additional product disclosure statement from the provider PDF, 499.14 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo5e07b82cfd5b5b726a8b5685ce1a3766/Product-Disclosure-Statement-Smartshares-Exchange-Traded-Funds-Resettlement-Offer.pdf" }, { "label": "Smartshares Exchange Traded Funds New Core Series ET Fs Product Disclosure Statement.pdf Additional product disclosure statement from the provider PDF, 445.42 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdocda6690a73656beb65710ac68296c980/Smartshares-Exchange-Traded-Funds-New-Core-Series-ET-Fs-Product-Disclosure-Statement.pdf" }, { "label": "Product Disclosure Statement Smart Exchange Traded Funds Australasia Series 22 September 2025.pdf Additional product disclosure statement from the provider PDF, 1.14 MB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdocaebfb4d4cef81e7211b6bf072e085be/Product-Disclosure-Statement-Smart-Exchange-Traded-Funds-Australasia-Series-22-September-2025.pdf" }, { "label": "Smart Responsible Investment Policy 6 May 2026.pdf Smart Responsible Investment Policy PDF, 1.41 MB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/a36e9a82439324cc/Smart-Responsible-Investment-Policy---6-May-2026.pdf" }, { "label": "Product Disclosure Statement Smart Exchange Traded Funds Global Series 12 May 2026.pdf Additional product disclosure statement from the provider PDF, 2.32 MB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/81a30223a39f7533/Product-Disclosure-Statement---Smart-Exchange-Traded-Funds---Global-Series---12-May-2026.pdf" }, { "label": "Other Material Information Smart Exchange Traded Funds 12 May 2026.pdf Smart Exchange Traded Funds - Other Material Information PDF, 690.38 KB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/08798a00fccd7cd1/Other-Material-Information---Smart-Exchange-Traded-Funds---12-May-2026.pdf" }, { "label": "SIPO Smart Exchange Traded Funds 12 May 2026.pdf Statement of investment policy and objectives PDF, 1.54 MB", "href": "https://smartinvestor.sorted.org.nz/disclose-document/288838c6a9b9087b/SIPO---Smart-Exchange-Traded-Funds---12-May-2026.pdf" } ] }, "pdsExtract": { "fund_name": "Smart Global ESG ETF (ESG)", "objective": "Invests in international shares and is designed to track the return of the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index.", "benchmark": "MSCI World Ex Australia Custom ESG Leaders Net Total Return Index", "risk_indicator": 5, "is_pie": true, "is_hedged": false, "asset_allocation": { "growth_assets_pct": null, "income_assets_pct": null, "equities_pct": 100, "fixed_income_pct": null, "cash_pct": null, "property_pct": null, "other_pct": null }, "fees": { "annual_fund_charge_pct": 0.54, "performance_fee_pct": null, "performance_fee_terms": null, "buy_spread_bps": null, "sell_spread_bps": null, "member_fee_nzd": null }, "minimum_investment_nzd": 500, "minimum_subsequent_nzd": 250, "distribution_frequency": "none", "source_paragraph": "Invests in international shares and is designed to track the return of the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index. 100% International equities. Distributions: None. Fund charges: 0.54% per annum of the fund's net asset value.", "_match": { "score": 1, "extractFundName": "Smart Global ESG ETF (ESG)", "ourFundName": "SMART GLOBAL ESG ETF" }, "_provenance": { "scheme_id": "SCH10752", "source_doc_url": "https://smartinvestor.sorted.org.nz/disclose-document/81a30223a39f7533/Product-Disclosure-Statement---Smart-Exchange-Traded-Funds---Global-Series---12-May-2026.pdf", "source_doc_date": "2026-04-24", "source_tier": "A", "pdf_hash": "5b9cc1bc2ae5356ff4907a41a788c5df5d75af076e9f4f079d4efee4563ac338", "extracted_at": "2026-05-27T23:40:36.093Z" } }, "sipoExtract": { "scheme_policies": { "investment_philosophy": "Most markets and asset classes are efficient, meaning there is limited opportunity for fund managers to provide above market returns after fees and other expenses. Asset allocation is the single most important factor in determining long-term investment returns, and diversification is the best way to manage the risk that a combination of assets within a portfolio fails to meet its investment objectives.", "responsible_investment_approach": "Smart has a Responsible Investment Policy setting out its approach to responsible investing, available at smartinvest.co.nz/resources/documents. Several funds track indices that screen for exposure to Controversial Weapons, Nuclear Weapons, Civilian Firearms, Tobacco, Thermal Coal and Oil Sands, and exclude companies failing to comply with the United Nations Global Compact Principles.", "derivatives_policy": "Each ETF may use derivatives to gain exposure to assets consistent with its permitted investments. No ETF may use derivatives to lever the ETF.", "rebalancing_policy": null, "currency_hedging_policy": "Each ETF that has foreign currency exposure has a hedging policy set out in the schedules to this SIPO. Some ETFs are unhedged; others hedge foreign currency exposure to the New Zealand dollar at a target level of 100%.", "liquidity_policy": null }, "scheme": { "scheme_name": "Smart Exchange Traded Funds", "manager_name": "Smartshares Limited", "sipo_version_date": "2026-05-12", "sipo_review_cadence": "annually" }, "fund": { "fund_name": "Smart Global ESG ETF", "objective_verbatim": "The Smart Global ESG ETF's investment objective is to track the return (before tax, fees and other expenses) of the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index.", "benchmark": "MSCI World Ex Australia Custom ESG Leaders Net Total Return Index", "investment_horizon_years": null, "permitted_assets": [ "Financial products included (or reasonably expected to be included) in the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index", "Funds that primarily invest in the above assets", "Cash and cash equivalents" ], "asset_allocation_ranges": [ { "asset_class": "Cash and cash equivalents", "target_pct": 0, "min_pct": 0, "max_pct": 10 }, { "asset_class": "International equities", "target_pct": 100, "min_pct": 90, "max_pct": 100 } ], "exclusions": [], "tilts": [ "High ESG performance relative to sector peers", "Large and mid cap companies in 22 developed markets" ], "performance_objective": null, "tracking_error_target": null, "source_paragraph": "The Smart Global ESG ETF's investment objective is to track the return (before tax, fees and other expenses) of the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index. The index is a capitalisation weighted index providing exposure to companies with high ESG performance relative to their sector peers, consisting of large and mid cap companies in 22 developed markets countries." }, "_match": { "score": 1, "extractFundName": "Smart Global ESG ETF", "ourFundName": "SMART GLOBAL ESG ETF" }, "_provenance": { "scheme_id": "SCH10752", "doc_type": "sipo", "source_doc_url": "https://smartinvestor.sorted.org.nz/disclose-document/288838c6a9b9087b/SIPO---Smart-Exchange-Traded-Funds---12-May-2026.pdf", "source_doc_date": "2026-04-16", "source_tier": "A", "pdf_hash": "f703ee7547144807d5c0519fb9f387b67d6d16a33e46203e9f397b76eb8d6163", "extracted_at": "2026-05-28T00:21:35.500Z" } }, "omiExtract": { "_provenance": { "scheme_id": "SCH10752", "doc_type": "omi", "source_doc_url": "https://smartinvestor.sorted.org.nz/disclose-document/08798a00fccd7cd1/Other-Material-Information---Smart-Exchange-Traded-Funds---12-May-2026.pdf", "source_doc_date": "2026-04-19", "source_tier": "A", "pdf_hash": "cd029b7416cbd1b4d970d1f92e5cee7158e9f0deadebd963113cc1ae448e6900", "extracted_at": "2026-05-28T00:03:26.266Z" }, "scheme": { "scheme_name": "Smart Exchange Traded Funds", "manager_name": "Smartshares Limited", "omi_version_date": "12 May 2026" }, "related_party_transactions": [ { "counterparty": "NZX Limited", "relationship": "Parent company of Smartshares Limited", "nature": "Administration services provided to Smart under an Administration Services Agreement", "fee_or_rate": null } ], "conflicts_of_interest": [ "Smart may invest in other funds managed by it, rather than in financial products issued by third parties, potentially influencing investment decisions in favour of its own funds; this is managed via the Investment Oversight Committee and by not charging a fee for management services in relation to the Smart Wholesale Scheme where applicable.", "An underlying third party fund manager may invest in other funds that it manages, potentially preferring its own managed funds over those operated by independent third parties; Smart assesses these arrangements at least annually and reviews fund investments monthly, with appointments approved on arm's length terms under Smart's Related Party Transactions Policy." ], "fee_waivers": [ { "fund_name": null, "description": "Where a fund in the Scheme invests in an underlying fund in the Smart Wholesale Scheme, Smart does not charge a fee for its management services in relation to the Smart Wholesale Scheme.", "expires": null } ], "performance_fee_mechanics": [], "material_risks_not_in_pds_summary": [ { "risk_name": "Distribution risk", "description": "Distribution risk is the risk that distributions paid by the fund disappoint you. The distributions we make depend, largely, on the distributions we receive from the financial products held by our funds, which may not meet your expectations." }, { "risk_name": "ESG risk", "description": "Environmental, social and governance (ESG) risk is the risk a company or financial sector is negatively affected for ESG reasons. For example, a company's assets may become stranded as a result of climate change or due to regulatory action that limits the company's activities. ESG risk is most relevant for funds that invest in equities and fixed interest assets." }, { "risk_name": "Operational risk", "description": "Operational risk is the risk that operational errors, including business interruptions arising through key personnel changes, human error, technology or infrastructure failure, and other external events, fraud or misconduct, may adversely impact on the operation and performance of the Scheme or a fund within the Scheme." }, { "risk_name": "Concentration risk", "description": "Concentration risk is the risk that a fund's investments are concentrated in a particular country, market, sector, asset class, or asset which may result in the fund being impacted by adverse events affecting a specific country, market, sector, asset class or asset." }, { "risk_name": "Trading risk", "description": "Trading risk is the risk that you cannot buy or sell units in the funds on the NZX Main Board, or that the market price for your units may be less than a unit's net tangible asset value. There is also a risk that the NZX may suspend trading or remove a fund from quotation, and that underlying investments held by a fund may be suspended or delisted." }, { "risk_name": "Third party risk", "description": "The Scheme relies on a number of outsource providers to provide services. The failure of a service provider to deliver such services (because of business interruption, external factors or otherwise) may adversely affect the operation and performance of the Scheme." }, { "risk_name": "Regulatory and legal risk", "description": "Regulatory risk is the risk that the Scheme or its investments may be adversely affected by future changes in applicable laws, an incorrect interpretation of laws or regulations, or by decisions taken by regulatory enforcement agencies. Legal risk is the risk that we do not correctly document or comply with our legal obligations." }, { "risk_name": "Underlying funds risk", "description": "There is a risk that the investment performance of a fund that invests in an underlying fund is affected by the ability of the underlying fund to track the return of the relevant index. We do not have control or direct oversight over the functions or performance of the underlying fund's manager and the underlying fund's manager has no direct legal obligations to you." }, { "risk_name": "Tax risk", "description": "There is a risk that the tax laws that apply to your units, including the application, interpretation or any change of those laws, could have an adverse effect on your returns or the value of your units. In particular, there is a PIE tax status risk, which is the risk that a fund may lose its portfolio investment entity (PIE) status, which would likely affect the after-tax returns that you receive." }, { "risk_name": "Derivatives risk", "description": "Derivatives may be used by the funds to gain, reduce, or modify exposure to a foreign currency, interest rates or credit. The use of such products to gain exposure is often a leveraged investment and may cause a fund to incur significant gains or losses in proportion to the value of the investment, thereby causing the fund returns to become more volatile and increasing the risk of any loss." } ], "tax_disclosures": [ "There is a PIE tax status risk — a fund may lose its portfolio investment entity (PIE) status, which would likely affect the after-tax returns that investors receive.", "Smart mitigates PIE status risk by implementing processes designed to ensure that its funds comply with the PIE requirements.", "There is a risk that the tax laws that apply to units, including the application, interpretation or any change of those laws, could have an adverse effect on returns or the value of units." ], "trustee_supervisor": "Public Trust", "auditor": null, "custodian": null, "source_paragraphs": [ "Where a fund in the Scheme invests in an underlying fund in the Smart Wholesale Scheme, Smart does not charge a fee for its management services in relation to the Smart Wholesale Scheme.", "Tax risk: There is a risk that the tax laws that apply to your units, including the application, interpretation or any change of those laws, could have an adverse effect on your returns or the value of your units.", "Trading risk is the risk that you cannot buy or sell units in the funds on the NZX Main Board, or that the market price for your units may be less than a unit's net tangible asset value." ], "_match": { "schemeId": "SCH10752", "ourFundName": "SMART GLOBAL ESG ETF", "scope": "scheme-level" } }, "sources": { "fmaDisclose": "https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Smart%20Global%20ESG%20ETF", "sortedSmartInvestor": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14633/", "productDisclosureStatement": "/disclose-document/mdo2aaf406a5534f2cb3aea6f63e0b3a0d0/PDS-Core-Series-23-Sep-Final.pdf", "pdsExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/81a30223a39f7533/Product-Disclosure-Statement---Smart-Exchange-Traded-Funds---Global-Series---12-May-2026.pdf", "sipoExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/288838c6a9b9087b/SIPO---Smart-Exchange-Traded-Funds---12-May-2026.pdf", "omiExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/08798a00fccd7cd1/Other-Material-Information---Smart-Exchange-Traded-Funds---12-May-2026.pdf" }, "licence": { "reuse": "Citation with link-back to canonicalUrl required. No paid redistribution.", "contact": "hello@managedfunds.nz" } }