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214980

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 214980.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, a South Korean exchange-traded fund that aims to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate. It is managed by Samsung Asset Management.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the 214980.KO ETF. If those assets increase in value, the ETF's price typically rises, and vice versa.

Supply and Demand: High demand for the ETF generally pushes the price up, while increased selling pressure can lead to a price decrease.

Market Sentiment: Overall market conditions and investor confidence play a role. Positive sentiment usually supports higher ETF prices, while negative sentiment can cause declines.

Tracking Error: The ETF's ability to accurately track its underlying index can impact its price. Differences between the ETF's performance and the index's performance can create price discrepancies.

Expense Ratio: The management fees charged by the ETF provider can subtly affect the ETF's price over time. Higher fees might slightly reduce the overall return to investors.

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