Smartshares - Nz Top 50 Fund (FNZ NZ)

SmartFONZ is an exchange traded fund listed on the NZX. The Fund replicates the NZSX 50 Portfolio Index, which is a market weighted index comprising the securities of the top 50 companies on the NZSX Market. The composition of the Index is weighted according to free float capitalisation, each company has a weighting cap of 5% of the Index.