JS Investments suspends iNAV for JSMFETF during rebalancing activity

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By MG News | April 07, 2023 at 11:05 AM GMT+05:00

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April 07, 2023 (MLN): JS Investments has suspended the computation and dissemination of iNAV for JSMFETF since 09:46 a.m. today due to ongoing rebalancing activity, PSX informed through a notification issued today.

The suspension will remain in effect for the entire trading session and will resume only after the revised weights of the constituents of JSMFETF are published by JS Investments.

Furthermore, the creation Basket of JSMFETF displayed on the PSX website may not be an accurate representation of the actual basket due to the ongoing rebalancing activity.

Investors are advised to align their understanding of the basket with the updated information that will be released after the completion of the rebalancing activity.

This announcement has been made to all market participants to ensure transparency and to keep them informed of the current situation.

Copyright Mettis Link News 

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