Meezan Pakistan Exchange Traded Fund (MZNPETF) Commences Portfolio Rebalancing According to Regulatory Requirements

Karachi, Al Meezan Investment Management Limited has initiated the rebalancing process for Meezan Pakistan Exchange Traded Fund (MZNPETF) in compliance with Section 96 of the Securities Act, 2015, Clause 5.6.l(a) of PSX Regulations, and the Offering Document of MZNPETF. The rebalancing activity started today, July 21, 2023, and during this process, iNav (Indicative Net Asset Value) will continue to be disseminated based on the previous basket. However, it is important to note that iNav may not be a true representative of the underlying basket during the rebalancing activity.

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