HBL Total Treasury ETF Demonstrates Solid Growth

Karachi, The HBL Total Treasury ETF (HBLTETF), launched in 2022, has shown solid growth in the debt exchange-traded funds sector. As of December 29, 2023, the ETF recorded a net asset value (NAV) of Rs. 111.40, marginally adjusting to Rs. 111.17. The fund size reached Rs. 555.000 million by June, with distributions of 14%. It achieved a high rate of Rs. 11.48 and a low rate of Rs. 10.05 in 2023, culminating in a significant turnover of 75,233,000. The ETF’s NAV was reported at Rs. 111.2449, reflecting its robust performance in the market.