Karachi: JS Investments Limited has announced the rebalancing of its JS Momentum Factor Exchange Traded Fund (JSMFETF) as of today, August 7, 2026. In line with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations, as well as the Offering Document of the JS Momentum Factor Exchange Traded Fund (JSMFE1.F), the rebalancing is set to take effect immediately.
The company stated that the JS Momentum Factor Index has undergone rebalancing, which necessitates adjustments to the JSMFETF's portfolio. As a result, the Intraday Net Asset Value (iNAV) will continue to be disseminated based on the previous basket, though it will not accurately reflect the current underlying basket. According to information available from the Pakistan Stock Exchange (PSX), the rebalancing process is underway, and the exchange will be notified once it is complete.
This development requires the TRE Certificate Holders of the Exchange to be informed accordingly, ensuring compliance with the regulatory framework governing such financial instruments in the market. The designated market category for the JS Momentum Factor Exchange Traded Fund remains unchanged amidst these adjustments.