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433500

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Analysis and statistics

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About

433500.KO refers to the KODEX KOFR 금리 액티브 ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF tracks the Korea Overnight Financing Repo (KOFR) interest rate, providing investors with exposure to the short-term money market in South Korea. It's designed to reflect the performance of a strategy that invests in overnight repurchase agreements collateralized by highly-rated securities.

Factors

Constituent Stock Prices: The ETF's price is heavily influenced by the combined prices of the underlying stocks it holds.

Supply and Demand: Higher demand for the ETF typically drives up its price, while increased selling pressure can lower it.

Index Tracking: The ETF aims to mirror the performance of its benchmark index; deviations impact its price.

Expense Ratio: The ETF's management fees can subtly affect its price by lowering returns.

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