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359210

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Analysis and statistics

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About

359210.KO is the financial product symbol for the KODEX KOFR 금리 액티브(합성) ETF. This ETF tracks the Korea Overnight Financing Repo (KOFR) interest rate, aiming to provide returns similar to the overnight interest rate in the Korean repo market. It is actively managed and uses synthetic replication, meaning it does not directly hold the underlying assets but instead uses derivative instruments to achieve its investment objective. The fund is designed to be a low-risk investment option suitable for short-term cash management or as a hedge against interest rate fluctuations.
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Factors

Fund Composition: The underlying assets held within the 359210.KO ETF directly impact its price. Changes in the value of these assets, such as stocks or bonds, will affect the ETF's net asset value NAV.

Supply and Demand: Market forces of supply and demand for the 359210.KO ETF itself influence its trading price. Increased demand tends to drive the price up, while increased supply can lower it.

Market Sentiment: Overall investor sentiment and market conditions can affect the 359210.KO ETF. Positive economic news might boost investor confidence and increase demand, whereas negative news could lead to selling pressure.

Expense Ratio and Fees: The costs associated with managing the 359210.KO ETF, including management fees and operating expenses, are factored into its price. Higher fees can result in lower returns for investors.

Tracking Error: The degree to which the 359210.KO ETF accurately replicates the performance of its benchmark index can impact its price. Greater tracking error may lead to deviations between the ETF's price and the index's performance.

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