NBP Pakistan Growth ETF Announces Distributions Amidst Positive Performance

Karachi, NBP Pakistan Growth ETF (NBPGETF) closed the day with a rate of Rs. 14.56, which also stands as its daily weighted average rate. The ETF has a market lot size of 500 and a relatively low turnover of 58,000. For the year ending in June, it declared an 8% distribution and a supplementary 4.80%, presenting a favorable return to its investors. During the January to November 2023 span, NBPGETF’s rate fluctuated between a high of Rs. 11.83 and a low of Rs. 8.94, with an iNAV of Rs. 11.34 since its listing in 2020.

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