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467540

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Analysis and statistics

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About

The financial product symbol 467540.KO refers to the KODEX KOFR 금리 액티브 ETF, an Exchange Traded Fund (ETF) listed on the Korea Exchange (KRX). It is a fixed income ETF that aims to track the performance of the Korea Overnight Financing Repo (KOFR) rate, which is a benchmark interest rate for overnight repurchase agreements in the Korean financial market. This ETF is designed to provide investors with a way to earn returns similar to short-term money market rates.

Factors

Constituent Stock Prices: 467540.KO tracks a specific Korean index. Price changes in its constituent stocks directly influence the ETF's Net Asset Value (NAV) and market price.

Supply and Demand: High demand for 467540.KO pushes its market price up, potentially above its NAV. Increased supply relative to demand lowers the price.

Index Rebalancing: Periodic index rebalancing can cause 467540.KO to buy or sell certain stocks, impacting demand and potentially prices of both the ETF and its constituents.

Economic Conditions: Broad economic factors affecting Korean companies, like GDP growth, inflation, interest rates, and currency exchange rates, influence stock valuations and consequently, the ETF's price.

Investor Sentiment: Overall market sentiment towards Korean equities impacts investment flows into and out of 467540.KO, affecting its price. Positive sentiment can drive prices higher, and vice-versa.

Management Fees and Expenses: The ETF's expense ratio, although usually small, reduces returns and indirectly influences its relative attractiveness compared to similar ETFs.

Global Events: Major global events impacting international trade, commodity prices, or geopolitical stability influence investor confidence and risk appetite, affecting Korean stocks and 467540.KO.

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