JS Momentum Factor Exchange Traded Fund Begins Rebalancing Process Following Rebalancing of JS Momentum Factor Index

Karachi, In an announcement made today, JS Momentum Factor Exchange Traded Fund revealed that the JS Momentum Factor Index has undergone a rebalancing, which took effect on June 7, 2023. As a result, the JS Momentum Factor Exchange Traded Fund (JSMFETF) will initiate the process of rebalancing its portfolio in accordance with the new index. Although the indicative Net Asset Value (iNAV) will still be disseminated based on the previous basket, it will no longer accurately reflect the underlying assets. JS Investments Limited has assured that they will promptly inform the exchange once the portfolio rebalancing is complete, ensuring transparency and accuracy in the fund’s performance.