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Karachi, The UBL Pakistan Enterprise ETF (UBLPETF) has reported a steady closing rate of Rs. 15.23, in line with its daily weighted average rate. The fund, which has a market lot of 500, saw a modest turnover of 31,000. UBLPETF declared distributions of 7.20% in 2021, 9% in 2022, and 14% in 2023, showing a progressive increase in returns to its investors. The ETF’s rate ranged between a high of Rs. 12.1 and a low of Rs. 10.26, with an iNAV of Rs. 12.04, maintaining consistent performance since its year of listing in 2020.
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