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448300

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--%
1d
1w
1m

Analysis and statistics

  • Open
    18555.4366$
  • Previous Close
    18433.1866$
  • 52 Week Change
    --
  • Day Range
    122.25$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol 448300.KO refers to the KODEX KOFR 금리 액티브 (합성) ETF, which is a South Korean Exchange Traded Fund (ETF) designed to track the Korea Overnight Financing Repo (KOFR) interest rate. It's an actively managed fund that seeks to provide investment returns similar to the KOFR interest rate through the use of synthetic instruments.
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Factors

Constituent Stock Performance: The ETF's price closely reflects the weighted average performance of the companies it holds. Strong performance by major holdings lifts the ETF, while poor performance drags it down.

Index Tracking: 448300.KO aims to replicate a specific index. Deviations from the index return (tracking error) can affect its price. Management fees and fund expenses contribute to this error.

Supply and Demand: Higher demand for the ETF pushes its price up, while increased selling pressure causes it to fall. Market sentiment and investor confidence play a significant role here.

Market Sentiment: Overall investor outlook on the Korean stock market impacts demand for 448300.KO. Positive sentiment encourages investment, increasing the ETF's price.

Currency Fluctuations: Since the ETF holds Korean stocks, changes in the KRW/USD exchange rate can affect its price for non-Korean investors. A stronger won increases its value.

Economic Factors: Macroeconomic indicators like GDP growth, inflation, and interest rates in Korea influence the performance of the underlying companies and, consequently, the ETF's price.

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