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395170

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 395170.KO refers to the KODEX KOFR 금리 액티브(합성) ETF. This ETF is a Korean Exchange Traded Fund that tracks the Korea Overnight Financing Repo (KOFR) interest rate, aiming to provide returns similar to the overnight lending rate in the Korean repo market. It is an actively managed fund employing a synthetic replication strategy.
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Factors

Underlying Assets' Performance: The ETF's price largely mirrors the collective performance of the Korean stocks it holds.

Supply and Demand: Higher demand typically increases the price, while increased selling pressure can decrease it.

Investor Sentiment: General market optimism or pessimism toward Korean equities influences ETF trading activity.

Index Tracking Accuracy: The ETF's ability to closely replicate its benchmark index affects its pricing.

Currency Fluctuations: Changes in the KRW/USD exchange rate impact returns for foreign investors.

Management Fees and Expenses: The cost of running the ETF is factored into its net asset value (NAV).

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