Karachi: The reconstitution of the NBP Pakistan Growth ETF (NBPGETF) has been completed, according to an announcement made on August 7, 2025, by NBP Funds. This development follows a prior communication dated August 6, 2025, and aligns with section 96 of the Securities Act, 2015, as well as clause 5.6.1(a) of the PSX regulation and the Offering Document of NBPGETF.

The reconstitution process, a key event in the lifecycle of exchange-traded funds, was carried out to ensure the ETF aligns with its investment strategy and regulatory requirements. This activity is crucial for maintaining the fund's adherence to its stated objectives and investment criteria.

According to information available from the Pakistan Stock Exchange (PSX), the reconstitution involved a series of strategic adjustments to the fund's composition. These adjustments are designed to optimize the fund's performance by realigning its holdings with market dynamics.

The NBP Pakistan Growth ETF is classified under the designated market category as a growth-focused investment vehicle, aimed at providing investors with exposure to the Pakistani equity market. The reconstitution ensures that the ETF remains aligned with its mandate to deliver growth to its investors.

This reconstitution marks an important milestone for NBP Funds, reinforcing its commitment to transparency and regulatory compliance while striving to enhance the value proposition offered to its investors. The completion of this process underscores the fund's ongoing efforts to navigate the evolving market landscape.