SmartShares - Smart NZ Top 50 ETF (FNZ.NZ)
SmartShares - Smart NZ Top 50 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wellington, NZ. The stock last traded at $3.15, up 1.09% on the session, giving a market capitalisation of $571.5M. Its beta of 0.96 implies it has historically moved less than the broad market.
This SmartShares fund, the Smart NZ Top 50 ETF, is designed to mirror the financial performance of the S&P/NZX 50 Portfolio Index. This specific index consists of the fifty largest companies listed on the New Zealand Exchange, with a limiting factor that no individual company's weighting within the index can surpass five percent.
SmartShares - Smart NZ Top 50 ETF is most often compared with the following Financial Services names: