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429870

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Analysis and statistics

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About

The ETF with the financial product symbol 429870.KO is the KODEX KOrea Growth ETF. It's a South Korean exchange-traded fund managed by Samsung Asset Management that aims to track the performance of the Korean stock market, specifically targeting companies with high growth potential. This ETF invests in a diversified portfolio of Korean equities, allowing investors to gain exposure to the growth segment of the South Korean economy.

Factors

Underlying Asset Performance: 429870.KO's price directly reflects the performance of its underlying assets, primarily Korean stocks.

Supply and Demand: Increased demand for the ETF pushes the price up, while higher supply leads to price decreases.

Index Changes: Modifications to the underlying index that 429870.KO tracks can impact its value.

Market Sentiment: Overall investor optimism or pessimism regarding the Korean stock market influences ETF prices.

Economic Data: Key economic indicators in South Korea, like GDP growth or inflation, affect investor confidence.

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