karachi: UBL-FUNDS Managers Limited has announced a significant cash generation activity concerning its UBL Pakistan Enterprise Exchange Traded Fund (UBLP-ETF), scheduled for July 2, 2026. This move aligns with the stipulations outlined in Section 96 of the Securities Act, 2015, as well as Clause 5.6.1 of the PSX Rule book, and the specific guidelines detailed in the Offering Document of the UBLP-ETF.

The decision to undertake this activity was communicated in a formal statement, emphasizing that while the dissemination of the indicative Net Asset Value (iNAV) will proceed during the reconstitution process, it may not accurately reflect the underlying basket's performance during this period. According to information available from the Pakistan Stock Exchange (PSX), the reconstitution activity will temporarily affect the iNAV's representation of the ETF's actual basket.

UBL-FUNDS Managers Limited has assured stakeholders that they will promptly inform the Pakistan Stock Exchange upon the completion of the cash generation activity. The company has reiterated its commitment to transparency and compliance with regulatory requirements throughout this process.

Designated as a significant event within the market, the cash generation activity by UBL-FUNDS Managers Limited is being closely monitored by investors and analysts. The dissemination of information and adherence to regulatory frameworks is crucial to maintaining market confidence and ensuring accurate information flow to all stakeholders involved.