Karachi: Al Meezan Investment Management Limited has announced a cash generation activity for the Meezan Pakistan Exchange Traded Fund (MZNPETF), scheduled to occur on June 30, 2025. This activity is in accordance with section 96 of the Securities Act, 2015, clause 5.6.1 (a) of the Pakistan Stock Exchange (PSX) regulation, and the Offering Document of MZNPETF.

During this period, the dissemination of the indicative Net Asset Value (iNAV) will continue based on the previous basket. However, the iNAV will not accurately reflect the underlying basket, as the cash generation activity may impact the current value representation. Al Meezan Investment Management Limited has committed to notifying the Exchange upon the completion of the activity.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders such as TRE Certificate Holders are advised to be informed accordingly. The designated market category for this information remains consistent with the current regulatory framework and investor guidelines provided by the PSX.

The market and its participants will be kept updated on further developments, as the completion of the cash generation activity is anticipated to influence the fund's operations temporarily.