Karachi, Alfalah Consumer Index ETF (ACIETF) has initiated the process of rebalancing its portfolio, according to a notice in compliance with Section 96 of the Securities Act, 2015, Clause 5.6.1(a) of PSX Regulations, and the Offering Document of ACIETF. The rebalancing began on June 25, 2024. The true value of the underlying basket may not be accurately reflected in the iNAV issued during this period.
According to information available from the Pakistan Stock Exchange (PSX), the ACIETF has communicated to the exchange that it will provide an update once the portfolio has been fully rebalanced. Investors and TRE Certificate Holders have been advised to take note of this period of transition. This rebalancing is a routine procedure intended to maintain the alignment of the ETF with its investment objectives.
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