Karachi: Meezan Pakistan Exchange Traded Fund (MZNPETF) has announced the successful rebalancing of its portfolio, as per the regulatory requirements outlined in Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations. This update follows the fund's previous communication, referenced in their letter no. AL MEEZAN/FY 2024-25/0469 dated January 13, 2025.

The fund has made these changes in accordance with the Offering Document of MZNPETF, ensuring compliance with all necessary guidelines and regulations. The rebalancing process is a crucial operation for maintaining the fund's alignment with its investment objectives and the designated market category.

According to information available from the Pakistan Stock Exchange (PSX), the rebalancing is designed to optimize the fund's performance by realigning the weights of the portfolio's underlying assets. This strategic adjustment helps in managing risk and enhancing potential returns for investors.

The fund management has requested that the TRE Certificate Holders of the Exchange be informed of these developments. The rebalancing is a routine part of the fund's management strategy, aimed at ensuring that the MZNPETF continues to meet the investment needs of its stakeholders effectively.