Karachi: The Alfalah Consumer Index ETF (ACIETF) has successfully completed its portfolio rebalancing, with updated values to be reflected in its indicative net asset value (iNAV) starting July 8, 2024.

This adjustment follows the fund's scheduled review and reallocation strategy outlined in a prior notification dated July 5, 2024, ensuring compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulations. According to information available from the Pakistan Stock Exchange (PSX), the rebalancing aims to align the ETF’s holdings with the current market conditions and the intended investment profile of the fund.

The updated iNAV will now more accurately represent the true value of the underlying assets, providing investors and stakeholders with a transparent measure of the fund’s performance post-rebalancing.

This development is critical for Certificate Holders of the Exchange, who rely on precise and timely information to make informed investment decisions. The fund's management has advised all relevant parties of these changes to ensure full disclosure and compliance with market regulations.