Karachi: JS Global announced the completion of the re-balancing activity for its IS Global Banking Sector Exchange Traded Fund (JSGBETF) on August 18, 2025. This development follows its previous communication on August 15, 2025, concerning the same subject.
The re-balancing was conducted in accordance with section 96 of the Securities Act, 2015, alongside clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) regulation and the Offering Document of JSGBETF. The re-balancing process is a routine adjustment meant to maintain the desired allocation within the fund, aligning with regulatory and strategic objectives.
According to information available from the Pakistan Stock Exchange (PSX), the re-balancing activity is part of the ongoing management of the fund, ensuring that it accurately reflects the dynamics of the banking sector market category.
JS Global has requested the notification of the completion of this re-balancing to the certificate holders of the exchange. The communication underscores the firm's commitment to transparency and adherence to regulatory norms.