Smart NZ Cash ETF (NZC.NZ)
Smart NZ Cash ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wellington, NZ. The stock last traded at $3.01, up 0.07% on the session, giving a market capitalisation of $47.4M. Its beta of -0.01 implies it has historically moved less than the broad market.
Smartshares NZ Cash ETF is an exchange traded fund launched and managed by Smartshares Limited. It is co-managed by Nikko Asset Management Co., Ltd. The fund invests in the fixed income markets of New Zealand. It invests in money market securities. The fund invests in 90 day bank bill over a rolling one-year period. It seeks to replicate the performance of the NZX 90-Day Bank Bill Index. Smartshares NZ Cash ETF was formed on November 12, 2015 and is domiciled in New Zealand.
Smart NZ Cash ETF is most often compared with the following Financial Services names: