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174350

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Analysis and statistics

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About

The ETF with the financial product symbol 174350.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, a Korean Exchange Traded Fund managed by Samsung Asset Management. This ETF seeks to replicate the performance of the Korea Overnight Financing Repo (KOFR) interest rate, providing investors with a way to track and potentially benefit from short-term money market rates in Korea. It's an actively managed fund that uses synthetic replication, meaning it doesn't directly hold the underlying assets of the KOFR but instead uses derivatives to achieve its investment objective.
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Factors

Underlying Asset Performance: The price of 174350.KO is directly linked to the performance of the assets it holds, typically Korean stocks.

Supply and Demand: Market forces of buying and selling pressure influence the ETF's price. Higher demand usually increases the price.

Index Tracking: 174350.KO aims to replicate a specific Korean market index. Deviations affect its price.

Management Fees: Fees charged by the ETF provider can indirectly impact the price over time.

Currency Exchange Rates: Fluctuations in the Korean Won's value versus other currencies can affect its price.

Economic Conditions: Overall health of the Korean economy and global economic trends can influence the ETF's value.

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