Karachi: JS Investments, a leading player in the financial market, has announced the successful conclusion of the rebalancing activity of its JS Momentum Factor Exchange Traded Fund (SMFETF) portfolio. This update comes in accordance with Section 96 of the Securities Act, 2015, Clause 5.6.1(a) of PSX Regulations, and the Offering Document of JS Momentum Factor Exchange Traded Fund.

Details regarding the specific changes or adjustments made to the portfolio during this rebalancing process have not been provided in the announcement. However, this move is expected to have implications for investors and traders involved with SMFETF, offering potential opportunities in line with the fund's investment strategy.