Karachi: UBL Fund Managers Limited has announced the commencement of the rebalancing process for its UBL Pakistan Enterprise Exchange Traded Fund (UBLP-ETF), as required by the Securities Act, 2015, and the Pakistan Stock Exchange (PSX) regulations. The process began on August 4, 2026, and is a routine quarterly adjustment mandated by Clause 5.6.1 (a) of the PSX Regulations and the Offering Document of UBLP-ETF.

According to information available from the Pakistan Stock Exchange (PSX), this rebalancing process is essential to ensure the portfolio aligns with the latest market conditions and benchmarks. The indicative net asset value (iNAV), which is disseminated during this period, does not accurately reflect the actual value of the underlying assets in the fund's basket.

UBL Fund Managers Limited has stated that the exchange will be notified once the portfolio has been successfully rebalanced. The designated market category for UBLP-ETF is crucial for investors tracking the performance and allocations within the fund. This rebalancing is a standard procedure aimed at maintaining the fund's investment objectives and market alignment.