JS Momentum Factor Exchange Traded Fund Begins Rebalancing Process

Karachi: JS Investments Limited announced the commencement of the rebalancing process for the JS Momentum Factor Exchange Traded Fund (JSMFETF) in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations. This adjustment is a critical aspect of ensuring that the fund accurately reflects the latest market dynamics.

The rebalancing of the JS Momentum Factor Index, which took effect on September 07, 2026, has necessitated the subsequent adjustment of the JSMFETF portfolio, beginning on the same day. This process is essential for maintaining the fund's alignment with its benchmark index. However, investors should be aware that the indicative Net Asset Value (iNAV) will temporarily continue to be disseminated based on the previous basket, which may not accurately represent the current underlying basket.

According to information available from the Pakistan Stock Exchange (PSX), the rebalancing process is an integral part of ETF management, ensuring that the portfolio remains in sync with the index it seeks to track. This adjustment is anticipated to enhance the fund's performance by reflecting the most current market conditions.

JS Investments Limited has committed to notifying the exchange once the rebalancing process is complete, ensuring transparency and up-to-date information for all stakeholders involved. The designated market category for this announcement is the financial sector, emphasizing the importance of such updates in maintaining market integrity and investor confidence.