SmartFONZ reported earnings results for the year ended March 31, 2014. For the year, the fund reported total net income of NZD 17,825,000 against NZD 22,689,000 a year ago. Net profit before tax was NZD 16,950,000 against NZD 22,002,000 a year ago.

Net profit after tax was NZD 16,854,000 or 23.95 cents per unit against NZD 21,825,000 or 33.41 cents per unit a year ago. Net cash provided by operating activities were NZD 3,999,000 against NZD 3,431,000 a year ago. Purchase of investments was NZD 25,844,000 against NZD 24,862,000 a year ago.