Karachi: The Meezan Pakistan Exchange Traded Fund (MZNPETF) has successfully undergone a portfolio rebalancing.

According to information available from the Pakistan Stock Exchange (PSX), the rebalancing was conducted in line with regulatory requirements, specifically Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, as well as the terms outlined in the Offering Document of the MZNPETF.

This rebalancing follows the notification provided in the fund’s letter dated July 4, 2024, and marks a routine adjustment aimed at maintaining the fund’s compliance and performance objectives. TRE Certificate Holders of the Exchange have been informed about this update as required.