The ETF includes the largest stocks forming part of the KSE 100 Index so as to cover atleast 50% of the total market capitalization of the KSE 100 Index at all times. Further details of UBLP-ETF are available at its website*: The investment strategy of NIT Pakistan Gateway ETF (NITG-ETF) aims to track the underlying NIT Pakistan Gateway Index (NITPGI). The stock picks include those from the banking, fertilizer, cement, and power sectors.
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An advantage for investors in investing in this ETF is that the underlying basket of securities doesn’t contain the highly volatile oil & gas stocks and comprises of a diversified collection of stock picks with highest free float market capitalization of KSE 100 Index. The UBLP-ETF is an investment instrument with high return and risk potential for investors. The details of the underlying Benchmark Index UPP9 can be accessed here. The Term Sheet of the ETF is also available therein. UBLP-ETF is traded on PSX and it can be tracked on the PSX data portal at. The fund aims to track 9 companies with highest free float market capitalization of KSE 100 Index (excluding Oil & Gas related sectors) constituting the Benchmark UPP9 Index (UBL PSX Pakistan Enterprise Index). The investment strategy of UBL Pakistan Enterprise ETF is to provide long term capital appreciation and dividend yield to investors. The former fund has been offered by UBL Fund Managers whereas the latter has been offered by NIT. Pakistan Stock Exchange has launched its first two ETFs on March 24, 2020, namely the UBL Pakistan Enterprise ETF (UBLP-ETF) and the NIT Pakistan Gateway ETF (NITG-ETF). Capital gain and dividends is obviously possible in ETFs. Indeed, brokerage costs and commission are also charged in ETFs as in shares trading. The process and transactions thereof for investing in an ETF are the same as in shares so much so that even short selling is possible in ETFs, as per Exchange rules. Current stock market investors can readily buy/sell ETFs from their existing brokerage account. In order to invest in an ETF, a customer must engage a brokerage firm to open a brokerage account. For investors new to stock exchange, it is important to mention that ETFs trade just like shares. ETFs can be bought and sold at current market prices over the course of a trading day and can also be bought or sold against limit orders and stop loss orders. Globally, ETFs are a popular and accessible source of investment for investors, be it a savvy investor or a novice investor.ĮTFs are a cost effective source of investment with lower management fees in comparison to mutual funds. stocks) that generally tracks an underlying index. An ETF holds a basket of securities (e.g. In essence, an ETF is a tradable fund that has the risk and return characteristics of a portfolio of shares whilst having the diversity inherent in a mutual fund. An Exchange Traded Fund (ETF) is an investment instrument that combines the tradability of shares with the investment attributes of an open-ended mutual fund.