A new and innovative Exchange Traded Fund has been launched at the Pakistan Stock Exchange (PSX), the HBL Total Treasury Exchange Traded Fund, a statement said on Tuesday.

This ETF, seventh to be launched at the PSX, is a first of its kind, as it consists of a blend of government debt securities as the underlying asset class.

This security is structured in the ETF form for investors to easily invest in a diversified pool of fixed income government debt securities.

The Pakistan Stock Exchange (PSX) held a gong ceremony to formally mark the launch of HBL Total Treasury ETF.