Karachi, JS Investments Limited has announced that the rebalancing activity of their JS Momentum Factor Exchange Traded Fund (JSMFETF) has been delayed due to unforeseen technical issues. As a result, the fund's indicative Net Asset Value (iNAV) will continue to be disseminated based on the previous basket of securities, rather than the updated composition as originally communicated.
JS Investments Limited is actively working to resolve these technical issues and complete the rebalancing as soon as possible. The company has assured investors that they are dedicated to providing accurate and timely information to ensure transparency and maintain investor confidence.
Investors in JSMFETF are advised to stay updated with the latest announcements from JS Investments Limited regarding the completion of the rebalancing activity and any potential impact on the fund's performance. It is important to note that while the rebalancing is delayed, the fund will continue to operate using the previous basket of securities until the technical issues are resolved.