Meezan Pakistan ETF Announces 12.5% Distribution

Karachi: Meezan Pakistan ETF (MZNPETF) recorded a trading value of Rs. 10.27, with a daily weighted average very close at Rs. 10.26. The fund’s size amounts to Rs. 70.344 million, with a 12.5% distribution marked for the year. The ETF, with a par value of Rs. 10 and a market lot of 500, experienced a high rate of Rs. 10.18 and a low of Rs. 7.26, and a turnover of 7,137,500 for the year to date. MZNPETF last announced its book closure on 28/06/2020, and its iNAV per share stands at Rs. 9.52.

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