Material Information of NBP Fund Management Limited

Karachi, NBP Fund Management Limited informed Pakistan Stock Exchange that NBP Pakistan Growth Index will be rebalanced effective August 05, 2022 and accordingly NBPGETF will start the process of rebalancing its portfolio as of August 05, 2022.

NBP Fund Management Limited (NBP Funds) is one of the leading Asset Management Company (AMC) of Pakistan, managing over 15,600 Crores of investors’ savings in various investment solutions. The main sponsors of the company are National Bank of Pakistan (NBP) and Baltoro Growth Fund.

The company has been awarded the highest achievable investment management rating of AM1 (Very High Quality,) by PACRA. This rating is based on the company’s professional management team, the sound quality of systems and processes, sponsors’ strength and performance of funds under management.