JS Momentum Factor ETF Undergoes Rebalancing to Adjust Portfolio Holdings

Karachi: JS Investments Limited has announced a rebalancing of its JS Momentum Factor Exchange Traded Fund (JSMFETF), effective January 7, 2026. This adjustment is being carried out in compliance with Section 96 of the Securities Act, 2015, alongside Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations and the Offering Document of JSMFETF.

The fund, which tracks the JS Momentum Factor Index, is undergoing this rebalancing to align its portfolio with the updated index composition. The rebalancing process has been initiated as of today, January 7, 2026, with the aim of generating necessary liquidity. During this period, the indicative net asset value (iNAV) will continue to be distributed based on the previous basket. However, it should be noted that this iNAV will not accurately reflect the current underlying portfolio.

According to information available from the Pakistan Stock Exchange (PSX), the exchange will be notified once the rebalancing process is complete. This notification aims to keep the TRE Certificate Holders of the Exchange adequately informed of the ongoing adjustments.

The designated market category for this development falls under the obligations of market participants to ensure compliance with updated regulatory requirements and to maintain the integrity of the investment process.