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Karachi, The NIT Pakistan Gateway ETF (NITGETF) announced a 9.342% distribution rate for the fiscal year ending June 2024, with today’s rate standing at 15.98 and a daily weighted average rate of 59.052. The fund, which was launched in 2020, has a fund size of Rs. 460.732 million, and has achieved a high rate of 15.66 and a low rate of 14.86 with a turnover of 21,500 during January and February 2024. The ETF, which aims to provide investors access to a diversified portfolio of Pakistani equities, reported an iNAV of 12.09.
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