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Karachi: The management of Meezan Pakistan Exchange Traded Fund (MZNPETF) has successfully completed the rebalancing of its portfolio, in compliance with the Securities Act, 2015, Clause 5.6.1(a) of PSX Regulations, and the fund’s Offering Document. This adjustment was part of a routine evaluation to align the fund’s holdings with its strategic goals.
According to information available from the Pakistan Stock Exchange (PSX), this rebalancing is part of regular adjustments required to meet regulatory standards and ensure that the fund’s portfolio remains robust and aligned with market conditions. The update follows the initial notification provided in AL MEEZAN’s letter dated July 3, 2024.
The completion of this process requires that Certificate Holders of the Exchange be informed accordingly, ensuring transparency and adherence to governance standards.