HBL Total Treasury ETF Posts Solid Performance with 14% Distribution Announcement

Business & Finance

Karachi, The HBL Total Treasury ETF (HBLTETF), with a 14% distribution as per the latest financial announcement, traded at Rs. 114.26 today, closely reflecting its daily weighted average rate of Rs. 114.37. The fund, which has a significant size of Rs. 564.404 million, was listed in 2022 and has shown a trading range between Rs. 113.3 and Rs. 111.1 over the year, achieving a turnover of 1,417,600. This performance underscores the ETF's robust position in the market, with an iNAV of Rs. 114.14 as of February 23, 2024.