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289040

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with financial product symbol 289040.KO refers to the TIGER KOSDAQ150 Leverage ETF, which is listed on the Korea Exchange (KRX). It is a leveraged exchange-traded fund designed to provide investors with two times the daily investment results of the KOSDAQ 150 Index. This means it aims to amplify the returns of the KOSDAQ 150 index, but also magnifies any potential losses.
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Factors

Market Sentiment: Overall investor mood regarding the Korean stock market influences demand, affecting the ETF's price.

Constituent Stock Performance: The underlying stocks held by the ETF directly impact its price; positive performance leads to price increases.

Currency Fluctuations: Changes in the Korean Won (KRW) exchange rate affect the ETF's value when viewed in other currencies.

Index Tracking Efficiency: How well the ETF replicates its target index influences its price; deviations can occur due to management fees or sampling techniques.

Supply and Demand: Basic economic principles apply; higher demand pushes the price up, while increased supply lowers it.

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