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368590

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1d
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1m

Analysis and statistics

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About

368590.KO is the financial product symbol for KODEX KOFR 금리 액티브(합성) ETF. This ETF is a passively managed, Korean-listed exchange-traded fund that aims to track the performance of the Korea Overnight Financing Repo (KOFR) rate. It provides investors with exposure to short-term Korean money market rates and is designed for investors seeking stable, low-risk returns with minimal tracking error against the KOFR benchmark. The ETF typically invests in financial instruments that replicate the KOFR rate, such as repurchase agreements and other short-term securities.
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Factors

Underlying Asset Performance: 368590.KO tracks an index; therefore, the price fluctuations of the underlying securities within that index directly influence its ETF price.

Supply and Demand: Higher demand for the ETF tends to push the price upwards, while increased selling pressure can lead to a price decrease.

Interest Rates: Changes in interest rates can impact investor sentiment and asset valuations, potentially affecting ETF prices.

Economic Conditions: Macroeconomic factors like inflation, GDP growth, and employment rates can influence the performance of the companies held within the ETF, thus impacting its price.

Market Sentiment: Overall investor confidence and risk appetite can significantly affect ETF trading activity and price levels.

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