NBP Pakistan Growth Exchange Traded Fund (NBPG-ETF) is an open-end Exchange Traded Fund which aims to track the authorized benchmark index, the NBP Pakistan Growth Index, which is constituted based on selecting top companies of KSE-100 index based on market capitalization, liquidity and volume as per the investment methodology constituted by the Management Company. NBPG-ETF invests in diversified portfolio of 15 blue-chip companies across 7 sectors. Click for further details.
|Shaikh Muhammad Abdul Wahid Sethi||Chairman|
|Muhammad Murtaza Ali||Company Secretary|
7th Floor, Clifton Diamond Building, Block # 4, Scheme # 5, Clifton, Karachi.
Central Depository Company of Pakistan Limited
A.F.Ferguson and Co, Chartered Accountants
Information regarding the intraday value of ETF Units, also known as the “indicative NAV” (iNAV), is disseminated every 15 seconds throughout each trading day by PSX. Dissemination of iNAV on PSX website will occur as per general data policy mentioned on website.
The iNAV is based on the current market prices of the securities or other assets and/or cash required to be deposited for a Creation Unit. The iNAV is calculated based on the Creation Unit composition provided by the respected ETF Fund Manager which may not necessarily reflect the precise composition of the current portfolio of securities or other assets held by the ETF at a particular point in time or the best possible valuation of the current portfolio. Therefore, the iNAV should not be viewed as a “precise real-time” update of the Fund’s NAV, which is computed only once a day. PSX computes iNAV as per the agreed mechanism using the underlying securities provided by the ETF Fund Manager. In doing so, it makes no representation or warranty as to its similarity with the day end NAV or real-time indicative NAV.
At the time of rebalancing of the ETF, the underlying fund securities or their respective weights may differ from the constituents used for computation and dissemination of iNAV. This may further result in deviation of iNAV from the actual NAV of the ETF based on the volatility of underlying constituents. The iNAV for creation units may also differ based on the changes in the underlying constituents during rebalancing. In this reference, PSX may discontinue iNAV dissemination during the rebalancing/re-composition of ETF under instruction of ETF fund manager. In case, an ETF rebalancing notification is received from the ETF Fund Manager during market hours, PSX shall discontinue the dissemination of iNAV (if instructed to do so) within one hour of the receipt of such notice. Furthermore, in case an ETF Fund Manager notifies market of the completion of ETF rebalancing during market hours, the iNAV shall be disseminated (based on the updated ETF Creation Unit information received from ETF Fund manager) on the following trading day.
Creation Unit Basket
Cash Component: Rs. 6,933.00
|BAHL||Bank AL Habib Limited||50|
|EFERT||Engro Fertilizers Limited||68|
|ENGRO||Engro Corporation Limited||28|
|FFC||Fauji Fertilizer Company Limited||55|
|HBL||Habib Bank Limited||69|
|HUBC||The Hub Power Company Limited||100|
|LUCK||Lucky Cement Limited||15|
|MCB||MCB Bank Limited||31|
|MEBL||Meezan Bank Limited||32|
|OGDC||Oil & Gas Development Company Limited||80|
|POL||Pakistan Oilfields Limited||12|
|PPL||Pakistan Petroleum Limited||96|
|PSO||Pakistan State Oil Company Limited||32|
|TRG||TRG Pakistan Limited||86|
|UBL||United Bank Limited||48|
|Fund Name||NBP Pakistan Growth Exchange Traded Fund|
|Fund Category||Exchange Traded Index Fund|
|Fund Manager||NBP Fund Management Limited|
|Investment Objective||NBP Pakistan Growth Exchange Traded Fund (NBPG-ETF) aims to track the authorized benchmark index as per the investment methodology constituted by the Management Company.|
|Benchmark||NBP Pakistan Growth Index (NBPPGI)|
|Fund Investment Policy||The fund aims to track the performance of the benchmark index by investing into 15 blue chip companies across 6 sectors based on Market Capitalization, Liquidity & Volume.|
|Management Fee||Up to 0.75% of the net assets per annum|
|Risk Level||High / Principal at High Risk|
|Trustee||Central Depository Company of Pakistan Limited|
|Listing||Pakistan Stock Exchange Limited|
|Auditor||A.F.Ferguson and Co, Chartered Accountants|
|Launch Date||October 06, 2020|