UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
JSMFE
JSMFETF PSX
JS Momentum Factor ETF · by JS Investments Limited
Price
Rs22.50
YTD return
+16.00%
1Y return
52.00%
Expense ratio
2.00%
Dividend yield
1.80%
AUM
PKR 100M
JS Momentum Factor ETF (JSMFETF) is a smart-beta ETF on the Pakistan Stock Exchange that tracks stocks exhibiting positive momentum based on 30-day total return performance and trading volume.
About JS Momentum Factor ETF
JS Momentum Factor ETF (JSMFETF) is Pakistan's first smart-beta ETF. It tracks the JSMFI index, which identifies and invests in stocks demonstrating positive momentum based upon total return performance and value traded over a 30-day time period.
Investment Strategy
Unlike traditional passive ETFs, JSMFETF uses a factor-based approach. The momentum factor strategy selects stocks that have shown the strongest price momentum and trading activity, with a maximum single-stock cap of 20%. The fund holds approximately 10 large and mid-cap PSX stocks.
Key Features
- Pakistan's first smart-beta/factor ETF
- Momentum-based stock selection (30-day total return + volume)
- Single stock cap of 20%
- Approximately 10 holdings from KSE-100
- Managed by JS Investments Limited
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Systems Limited | SYS | — | 18.00% | — |
| 2 | Meezan Bank | MEBL | — | 15.00% | Rs562.73 -1.67% |
| 3 | Lucky Cement | LUCK | — | 14.00% | Rs428.07 -1.23% |
| 4 | Engro Corp | ENGRO | — | 12.00% | — |
| 5 | Hub Power | HUBC | — | 11.00% | Rs207.41 -0.97% |
| 6 | Fauji Fertilizer | FFC | — | 10.00% | Rs548.70 -0.68% |
| 7 | MCB Bank Ltd | MCB | — | 8.00% | Rs397.91 -0.56% |
| 8 | United Bank Ltd | UBL | — | 5.50% | Rs444.64 -0.99% |
| 9 | Bank Alfalah | BAFL | — | 3.50% | Rs56.41 -1.69% |
| 10 | Pakistan State Oil | PSO | — | 3.00% | Rs359.63 -1.45% |
Frequently asked questions
What makes JSMFETF different from other Pakistan ETFs?
JSMFETF is Pakistan's first smart-beta ETF, using a momentum factor strategy instead of traditional market-cap weighting.
How does JSMFETF select stocks?
JSMFETF selects stocks based on positive momentum — total return performance and trading volume over a 30-day period, with a 20% single-stock cap.
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Community
JSMFETF discussion
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