Karachi January 6 2022: A new ETF namely JS Momentum Factor Exchange Traded Fund (JSMFETF) by JS Investments Limited shall be launched on January 7, 2022.
Four (4) securities namely PIOC (Pioneer Cement Limited), CNERGY (Cnergyico PK Limited), HCAR (Honda Atlas Cars (Pakistan) Limited) and PRL (Pakistan Refinery Limited) shall become part of the aforementioned ETF, in addition to the stocks already part of existing ETFs.
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Please note that upon launch of new ETF (JSMFETF), the above mentioned symbols shall be traded in a LOT size of ONE share and there shall be no ODD LOT market for these symbols.