Karachi: NBP Fund Management Limited has announced that it will undertake a cash generation activity for its NBP Pakistan Growth ETF (NBPGETF) on June 26, 2025. This action is being executed in compliance with section 96 of the Securities Act, 2015, clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) regulation, and the Offering Document of NBPGETF.

The company stated that during the cash generation activity, the dissemination of the Intraday Net Asset Value (iNAV) will continue based on the previous basket. However, it is important to note that the iNAV will not accurately represent the underlying basket during this period. According to information available from the Pakistan Stock Exchange (PSX), the activity is planned to ensure the efficient management of the ETF's assets.

NBP Fund Management has assured stakeholders that the Exchange will be notified once the cash generation activity is completed. TRC Certificate Holders of the Exchange have been advised to take note of this development.

NBPGETF operates within the designated market category and continues to adhere to regulatory requirements set forth by the PSX and the Securities Act.