JS Momentum Factor ETF Undergoes Rebalancing Amid Market Adjustments

Karachi: JS Investments Limited has announced a rebalancing of its JS Momentum Factor Exchange Traded Fund (JSMFETF), effective November 06, 2026. This change aligns with Section 96 of the Securities Act, 2015, Clause 5.6.1(a) of PSX Regulations, and the Offering Document of the ETF.

The rebalancing process, which began today, is part of a routine adjustment to ensure the ETF aligns with the updated JS Momentum Factor Index. However, during this period, the disseminated indicative Net Asset Value (iNAV) will continue to reflect the previous basket, which is not an accurate representation of the current underlying basket. The company plans to inform the exchange upon completion of the portfolio rebalancing.

According to information available from the Pakistan Stock Exchange (PSX), this adjustment is part of the standard operational procedures for maintaining the ETF's alignment with its benchmark index. The process aims to optimize the fund's performance in line with market movements.

The designated market category for this announcement is the financial sector, focusing on exchange-traded funds and their regulatory compliance. The rebalancing ensures that the ETF remains a viable investment option, aligning with its strategic objectives and regulatory requirements.