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Karachi, Meezan Pakistan ETF (MZNPETF), trading at a daily weighted average rate of Rs. 12.60, mirrors its closing rate for the day. The ETF, with a market lot of 500, saw a turnover of 7,137,500. MZNPETF has declared a 12.5% distribution for investors and recorded a high rate of Rs. 10.18 and a low rate of Rs. 7.26, with an iNAV of Rs. 9.52 for the January to November 2023 period. The fund has been operational since 2020, marking a steady presence in the market.
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