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407830

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1d
1w
1m

Analysis and statistics

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About

407830.KO represents the Korea Investment Management KINDEX Total Return ETF, an exchange-traded fund (ETF) listed on the Korea Exchange (KRX). This ETF aims to track the total return of a representative Korean bond index, providing investors with exposure to the Korean fixed income market. It primarily invests in a diversified portfolio of Korean government and corporate bonds, seeking to replicate the performance of its benchmark index while minimizing tracking error. Investors typically use this ETF to gain efficient and cost-effective access to the Korean bond market for diversification and potential income generation.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held by the ETF, reflecting Samsung Group shares.

Market Sentiment: Investor confidence and overall market trends impacting Korean equities affect demand and price.

Supply and Demand: High demand pushes prices up, while increased selling pressure leads to price decreases.

Expense Ratio: While not directly affecting the market price, a higher expense ratio can make the ETF less attractive.

Index Tracking Accuracy: How well the ETF mirrors its benchmark index (Samsung Group) impacts its perceived value.

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