Karachi: The rebalancing of the JS Momentum Factor Exchange Traded Fund (JSMFETF) portfolio has been successfully concluded, according to an announcement made on July 8, 2026. This follows the initial communication dated July 7, 2026, concerning the subject.

The rebalancing process, conducted in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations, aims to adjust the holdings within the ETF to ensure alignment with its investment objectives. This adjustment is also in line with the stipulations outlined in the Offering Document of the JSMFETF.

According to information available from the Pakistan Stock Exchange (PSX), the rebalancing activity is a regular procedure undertaken by the fund managers to maintain the desired weightings of securities within the fund, thereby optimizing performance in accordance with market conditions.

The JS Momentum Factor Exchange Traded Fund is part of the designated market category and is designed to track the performance of securities that exhibit momentum characteristics. The successful completion of the rebalancing ensures that the fund continues to meet its strategic investment targets, providing investors with a vehicle that reflects current market dynamics.