NBP Fund Management Resumes Creation and Redemption Process for NBP Pakistan Growth Exchange Traded Fund

Karachi: NBP Fund Management Limited has announced the resumption of the unit creation and redemption process for the NBP Pakistan Growth Exchange Traded Fund (NBPGETF). This development follows the company’s prior communication on April 18, 2025, and is undertaken in compliance with section 96 of the Securities Act, 2015, clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) regulation, and the NBPGETF Offering Document.

The resumption of this financial process is a significant update for TRC Certificate Holders of the Exchange who are advised to take note of the changes. According to information available from the Pakistan Stock Exchange (PSX), the unit creation and redemption process is a critical aspect of the fund's operations, facilitating investor engagement and fund liquidity.

NBP Fund Management Limited’s adherence to regulatory frameworks ensures that the NBPGETF operates within the prescribed guidelines, providing a structured approach to investment and fund management. The reinstatement of this process marks a return to regular operations, aligning with the regulatory requirements and the fund’s offering documents, thereby stabilizing the transactional activities associated with the NBPGETF.

The NBPGETF is categorized within the designated market category, focusing on growth strategies through diversified investments. The fund’s operations are pivotal in maintaining investor confidence and ensuring the fluidity of transactions within the exchange-traded fund market.