Karachi: Al Meezan Investment Management Limited has announced the completion of the rebalancing of the Meezan Pakistan Exchange Traded Fund (MZNPETF), following its prior communication dated June 17, 2025. The announcement was made in compliance with Section 96 of the Securities Act, 2015, Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations, and the Offering Document of the MZNPETF.
The rebalancing process, which aligns with the regulatory requirements set forth by the PSX, is aimed at optimizing the performance of the MZNPETF by adjusting its portfolio in response to market conditions. This process ensures that the fund's holdings are realigned in accordance with the investment strategy outlined in its offering document.
Al Meezan Investment Management Limited has requested that the TRE Certificate Holders of the Exchange be informed about the successful rebalancing. This rebalancing is significant for investors as it reflects the ongoing efforts of the fund manager to maintain the fund’s alignment with its strategic objectives.
According to information available from the Pakistan Stock Exchange (PSX), the rebalancing of exchange-traded funds such as MZNPETF is a routine process intended to maintain the fund’s compliance with its stated investment guidelines. The operation is critical for ensuring that the fund continues to meet its performance benchmarks and adheres to the risk management protocols set forth by the fund's management.
The MZNPETF is part of the designated market category of exchange-traded funds under the PSX framework, which provides investors with a vehicle for diversified exposure to the Pakistan stock market. The completion of the rebalancing process marks an important step in maintaining the fund's operational integrity and investment appeal.