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Karachi, NBP Funds announced the rebalancing of the NBP Pakistan Growth ETF (NBPGETF), scheduled to commence on May 8, 2024. This adjustment aligns with section 96 of the Securities Act, 2015, clause 5.6.1(a) of PSX regulation, and the Offering Document of NBPGETF. The company confirmed that while the Indicative Net Asset Value (iNAV) will continue to be disseminated during the reconstitution activity, it will not accurately reflect the updated portfolio composition until the process is complete. NBP Funds will notify the Pakistan Stock Exchange once the portfolio reconstitution is finalized.
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