Some of the Smart Instruments have restrictions regarding their MIDI Regions and the Smart Guitar is one those exceptions. It doesn't provide the Transpose feature in the Track Settings. If you still want to transpose the Regions use the MIDI Editor:
Hope that helps
- Double-tap on the Region, this opens a popup strip
- Tap on the Edit command, this opens the MIDI Editor
- Double-tap on the grid (not on a MIDI Event), this opens a popup strip
- Tap on the "Select All", this selects all MIDI Events in that Region
- Drag a MIDI Event up or down, this will transpose all the Events accordingly
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