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181480

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 181480.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, which is a South Korean Exchange Traded Fund (ETF) that aims to track the KOFR (Korea Overnight Financing Repo) interest rate actively through synthetic replication. It's designed to provide investors with a return similar to overnight lending rates in the Korean repo market, offering a low-risk investment option for managing cash or short-term investments.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the ETF, reflecting the Korean stock market's overall health.

Supply and Demand: Market demand for the ETF shares relative to their supply impacts the price, with higher demand typically leading to price increases.

Investor Sentiment: Overall market optimism or pessimism toward Korean equities can influence the ETF's price, causing fluctuations based on investor mood.

Currency Exchange Rates: Changes in the exchange rate between the Korean Won and other currencies can affect the ETF's price when translated back to its listing currency.

Economic Data: Key Korean economic indicators, such as GDP growth, inflation, and unemployment, influence the perceived value of the underlying assets.

Geopolitical Events: Political instability or significant international events related to Korea can impact investor confidence and the ETF's price.

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