The new funds:

• Smart Bitcoin ETF (BTC) invests in the iShares Bitcoin Trust (IBIT) that seeks to reflect generally the performance of the price of bitcoin and trades on the NASDAQ. It enables investors to gain exposure to bitcoin through an ETF structure, without having to buy, store, or manage it directly.
• Smart Gold ETF (GLD) invests in the iShares Gold Trust (IAU) that seeks to reflect generally the performance of the price of gold and trades on the NYSE Arca. It enables investors to gain exposure to physical gold through an ETF structure. Gold tends to serve as a diversifier in multiasset portfolios and as a potential hedge against inflation, while providing investors with an alternative commodity option that often sees increased demands in time of uncertainty.
• Smart US Technology (NZD Hedged) ETF (UST) invests in the iShares S&P 500 Information Technology Sector UCITS ETF, with the objective of tracking the return (before tax, fees and other expenses) of the S&P 500 Capped 35/20 Information Technology Index (100% NZD Hedged). This will provide investors with diversified exposure to the 67 leading companies within the US Information Technology sector.
• Smart S&P/NZX 20 ETF (NZT) invests directly in New Zealand shares and is designed to track the return (before tax, fees and other expenses) of the S&P/NZX 20 Gross with Imputation Index, comprised of 20 of the largest companies listed on the NZX Main Board.