UCITS Alternatives to TNZ (Smartshares NZ Top 50 ETF)
TNZ is a popular ETF listed on the NZ market. It tracks the S&P/NZX 50. Due to EU regulations (MiFID II/PRIIPs), European investors cannot directly purchase non-UCITS ETFs. We found 3 UCITS-compliant alternatives that provide similar market exposure.
UCITS Alternatives
3 found| ETF Name | ISIN | TER | AUM | Dist. | Replication |
|---|---|---|---|---|---|
| ExactiShares MSCI New Zealand ETF UCITS USD (Dist) | IE00B55DFZ33 |
0.50% | €50M | Dist | Physical |
| ProxyiShares Core S&P 500 UCITS ETF USD (Acc) | IE00B5BMR087 |
0.07% | €85.0B | Acc | Physical |
| ProxyiShares Core MSCI World UCITS ETF USD (Acc) | IE00B4L5Y983 |
0.20% | €72.0B | Acc | Physical |
About TNZ
Where to Buy UCITS ETFs
FAQ
What does TNZ track?
TNZ (Smartshares NZ Top 50 ETF) is an ETF listed on NZ that tracks the S&P/NZX 50. It is one of the popular ETFs in its category.
Why can't I buy TNZ in Europe?
Under EU MiFID II and PRIIPs regulations, brokers in the European Economic Area cannot sell ETFs that don't provide a Key Information Document (KID) in the local language. Most non-EU ETFs, including TNZ, don't comply with these requirements.
What is the best UCITS alternative to TNZ?
The closest UCITS alternative is iShares MSCI New Zealand ETF UCITS USD (Dist) (IE00B55DFZ33). We identified 3 UCITS ETFs that offer similar exposure. Compare them in the table above to find the best fit.