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456610

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1d
1w
1m

Analysis and statistics

  • Open
    58727.066$
  • Previous Close
    58721.816$
  • 52 Week Change
    --
  • Day Range
    5.25$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The financial product symbol 456610.KO refers to the KODEX KOFR Interest Rate Active ETF, which is a Korean Exchange Traded Fund (ETF) that aims to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate. It's designed to provide investors with a return similar to the overnight lending rate in the Korean repo market.
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Factors

Underlying Asset Performance: The primary driver is the performance of the stocks within the ETF's portfolio, reflecting South Korean market trends.

Supply and Demand: Increased investor demand pushes the price up, while selling pressure leads to price decreases.

Index Tracking Efficiency: How closely the ETF replicates its benchmark index influences its price accuracy.

Management Fees & Expenses: Higher fees can slightly detract from overall returns and impact price.

Currency Fluctuations: Changes in the KRW/other currency exchange rate can affect the value for foreign investors.

Market Sentiment: Overall investor confidence or fear in the South Korean market impacts ETF pricing.

Economic Indicators: Key economic data releases from South Korea influence stock valuations and ETF prices.

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