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Alfalah Consumer Index ETF to Undergo Rebalancing for Optimal Portfolio Alignment

Karachi, Alfalah Asset Management Limited has announced the upcoming rebalancing of the Alfalah Consumer Index ETF (ACIETF), in compliance with regulatory requirements and the offering document of the fund. The rebalancing process, effective from June 30, 2023, will optimize the portfolio composition to align with the underlying Alfalah Consumer Index.

As a result of the rebalancing, ACIETF will begin the process of adjusting its portfolio on July 7, 2023. During this period, the dissemination of the indicative Net Asset Value (iNAV) will be temporarily suspended. Alfalah Asset Management Limited will promptly inform the exchange once the portfolio rebalancing is complete.

The post Alfalah Consumer Index ETF to Undergo Rebalancing for Optimal Portfolio Alignment appeared first on Pakistan Company News.

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