KARACHI: JS Investments announces the remarkable success of the JS Momentum Factor ETF, Pakistan’s first Smart Beta ETF. Launched in 2021, the JS Momentum Factor ETF represents a groundbreaking advancement in investment strategies.
It employs a rules-based methodology to select stocks based on their momentum scores, thereby reducing the influence of human bias.
The JS Momentum Factor ETF has demonstrated outstanding performance, consistently outperforming the KSE All-Share index by six percent annually from 2001 to 2021. This confirms the strategy’s effectiveness in Pakistan’s market.
The JS Momentum Factor ETF has outperformed major indices, stock funds, and ETFs, delivering exceptional returns to investors.
As of May 17th, 2024, it has provided a remarkable return of 129%+, showcasing its ability to generate substantial value even in volatile market conditions.
Iffat Mankani, CEO of JS Investments, affirms, “In a market landscape often perceived as skewed in favor of large investors and marked by manipulations, the exceptional performance of the JS Momentum Factor ETF stands as a testament to our robust investment strategy. Our approach has consistently disproven the notion that financial markets are complex and unpredictable, often to the disadvantage of the average investor.
By leveraging a meticulously crafted single-factor strategy focusing on momentum, we have not only competed but excelled, outpacing traditional market benchmarks and offering substantial returns to our investors.”
Copyright Business Recorder, 2024