USH.NZ

The Smart US 500 (NZD Hedged) ETF, listed on the NZX under the ticker USH.NZ, does not pay dividends to its investors. This lack of dividend payments is not unusual for exchange-traded funds (ETFs) that focus on tracking an index, such as the S&P 500, particularly when hedged to a specific currency like the New Zealand dollar. The primary goal of such ETFs is to provide investors with exposure to the performance of a broad market index, rather than generating income through dividends. For investors, especially those focused on income, this might seem less appealing. However, the Smart US 500 (NZD Hedged) ETF can still be attractive to long-term or growth-focused investors. It offers a way to diversify portfolios with exposure to the US stock market while mitigating currency risk. This ETF can be a strategic component for those seeking capital appreciation over time, rather than immediate income through dividends.