NBP Pakistan Growth ETF to undergo rebalancing from May 08, 2023

Karachi, NBP Pakistan Growth ETF (NBPGETF) will rebalance its portfolio effective May 08, 2023, according to an announcement made by the company. The rebalancing is being done in accordance with the NBP Pakistan Growth Index, and the process will start on May 08, 2023.

As a result, dissemination of iNAV will be suspended during this time. The company has assured that it will inform the Exchange once the portfolio is rebalanced. The move is aimed at ensuring that NBPGETF’s portfolio is aligned with the market conditions and the index it tracks.