Key stats
About SMART EXCHANGE TRADED FUND NZ MID CAP ETF
Home page
Inception date
Jun 16, 1997
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Smartshares Ltd.
ISIN
NZMDZE0002S9
The Smart NZ Mid Cap ETF’s investment objective is to track the return (before tax, fees and other expenses) of the S&P/NZX MidCap Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Health Services
Transportation
Stocks93.46%
Finance26.48%
Utilities15.96%
Health Services12.83%
Transportation11.53%
Communications8.76%
Technology Services5.87%
Consumer Services3.08%
Process Industries2.15%
Producer Manufacturing2.10%
Energy Minerals1.72%
Distribution Services1.29%
Retail Trade1.12%
Consumer Durables0.56%
Bonds, Cash & Other6.54%
UNIT4.88%
Mutual fund1.49%
Cash0.17%
Stock breakdown by region
Oceania100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MDZ invests in stocks. The fund's major sectors are Finance, with 26.48% stocks, and Utilities, with 15.96% of the basket. The assets are mostly located in the Pacific region.
MDZ top holdings are Mercury NZ Ltd. and Chorus Limited, occupying 9.53% and 8.76% of the portfolio correspondingly.
MDZ last dividends amounted to 0.01 NZD. Six months before that, the issuer paid 0.07 NZD in dividends, which shows a 466.67% decrease.
MDZ assets under management is 132.83 M NZD. It's risen 2.80% over the last month.
MDZ fund flows account for −15.16 M NZD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MDZ pays dividends to its holders with the dividend yield of 3.18%. The last dividend (Jun 19, 2025) amounted to 0.09 NZD. The dividends are paid semi-annually.
MDZ shares are issued by NZX Ltd. under the brand Smart. The ETF was launched on Jun 16, 1997, and its management style is Passive.
MDZ expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
MDZ follows the S&P/NZX MidCap Index - NZD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MDZ invests in stocks.
MDZ price has risen by 1.60% over the last month, and its yearly performance shows a 8.16% increase. See more dynamics on MDZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.30% over the last month, showed a −3.87% decrease in three-month performance and has increased by 8.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.30% over the last month, showed a −3.87% decrease in three-month performance and has increased by 8.44% in a year.
MDZ trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.