UST.NZ

The Smart US Technology (NZD Hedged) ETF, listed on the New Zealand Exchange under the ticker UST.NZ, does not currently pay dividends. This is typical for many technology-focused ETFs, which often prioritize capital appreciation over income distribution. Such funds typically reinvest earnings into the underlying companies to fuel growth and innovation, aligning with the sector's dynamic and rapidly evolving nature. This approach can be appealing to long-term investors who are more focused on potential capital gains rather than immediate income. By hedging against currency fluctuations, this ETF also offers New Zealand investors exposure to the US technology sector while mitigating exchange rate risks. While income-focused investors may need to look elsewhere for regular dividend payments, those with a growth-oriented strategy might find the Smart US Technology (NZD Hedged) ETF an attractive option for diversifying their portfolio with a focus on the burgeoning tech industry.