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230480

$--
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1d
1w
1m

Analysis and statistics

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About

230480.KO refers to the KODEX KOFR Interest Rate Active ETF, a financial product listed on the Korea Exchange (KRX). It tracks the Korea Overnight Financing Repo (KOFR) interest rate, providing investors with exposure to short-term money market rates in South Korea. The ETF aims to deliver returns similar to the KOFR rate while actively managing its portfolio.
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Factors

Underlying Asset Performance: The price of 230480.KO, tracking KOSPI 200, directly reflects the collective performance of its constituent stocks.

Market Sentiment: Overall investor confidence and risk appetite in the South Korean stock market significantly impact ETF demand and price.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, and interest rates in South Korea can influence company earnings and thus the ETF's value.

Currency Fluctuations: Changes in the KRW/USD exchange rate can affect the value of the ETF for international investors.

Supply and Demand: Trading activity and investor demand for 230480.KO units influence its price, especially relative to its net asset value NAV.

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