Karachi: JS Investments Limited has announced a cash-generating activity for the JS Momentum Factor Exchange Traded Fund (JSMFETF), in accordance with Section 96 of the Securities Act, 2015, Clause 5.6.1 of the PSX Rule Book, and the relevant provisions of the Offering Document of JSMFETF. This activity is taking place today, June 23, 2025.

The cash generation activity has prompted the dissemination of the indicative Net Asset Value (iNAV) based on the previous basket composition. However, it is important to note that the iNAV might not accurately reflect the true value of the underlying portfolio until the completion of the activity.

According to information available from the Pakistan Stock Exchange (PSX), the ongoing activity is designed to enhance the fund's operations. The TRE Certificate Holders of the Exchange have been duly informed of this development.

The designated market category for this announcement is ETF (Exchange Traded Fund), aligning with the strategic objectives outlined by JS Investments Limited. The completion of this activity is anticipated to provide further insights into the fund's performance and valuation in the coming days.