⚡ Flash Summary

UBL Fund Managers Limited announced the re-constitution of the UBL Pakistan Enterprise Exchange Traded Fund (UBLP-ETF) portfolio. This announcement, dated November 5, 2025, informs the Pakistan Stock Exchange Limited that the re-constituting activity has been successfully completed. The initial notification regarding the re-constitution was made on November 4, 2025. Investors and TRE Certificate Holders should be informed accordingly.

📌 Key Takeaways

• ✅ Re-constitution of UBLP-ETF portfolio completed.
• 🗓️ Announcement date: November 5, 2025.
• 📢 Initial notification: November 4, 2025.
• 💼 UBL Fund Managers Limited is the reporting entity.
• 🏢 Pakistan Stock Exchange Limited is the recipient.
• ℹ️ TRE Certificate Holders to be informed.
• 🔄 Portfolio adjustments have been finalized.
• 📄 Reference letter number: CS/PSX/2025/0035.
• ✉️ Previous reference letter number: CS/PSX/2025/0034.
• 📍 Karachi is the location of the Stock Exchange.
• 📈 UBLP-ETF is an Exchange Traded Fund.

🎯 Investment Thesis

HOLD. Given the announcement is merely an update on the completion of the UBLP-ETF portfolio re-constitution, and without detailed financial metrics, a HOLD recommendation is appropriate. Investors should monitor the fund’s performance and strategy following the re-constitution before making further investment decisions. Further analysis will be required when the next quarterly or annual report is released.