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402420

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Analysis and statistics

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About

402420.KO represents the Samsung KODEX KOFR Interest Rate Actively Managed ETF, listed on the Korea Exchange. This exchange-traded fund aims to generate returns linked to the Korean Overnight Financing Rate (KOFR), a key short-term interest rate benchmark in South Korea. The fund actively manages its portfolio to potentially outperform the KOFR rate while maintaining a focus on stability and liquidity. It is often used by investors seeking exposure to short-term interest rates in the Korean market and as a tool for cash management.
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Factors

Market Sentiment: Overall investor optimism or pessimism regarding the South Korean stock market and the broader economy.

Company Performance: Key financial metrics such as revenue growth, profitability, and earnings per share of the company represented by 402420.KO.

Industry Trends: Changes in the automotive component manufacturing industry, including technological advancements and competitive landscape.

Economic Indicators: Macroeconomic data like interest rates, inflation, and GDP growth in South Korea affecting business conditions.

Regulatory Environment: Government regulations and policies related to the automotive industry and business operations in South Korea.

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