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419890

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 419890.KO on the Korea Exchange (KRX) refers to the KODEX KOFR 금리 액티브(합성) ETF. This ETF aims to track the Korea Overnight Financing Repo (KOFR) rate, a benchmark interest rate in the Korean money market. The "액티브(합성)" part of the name indicates that the fund is actively managed and uses synthetic replication techniques to achieve its investment objective, potentially involving the use of derivatives like swaps. It provides investors with exposure to short-term Korean interest rates and can be used as a tool for cash management or hedging interest rate risk.
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Factors

Underlying Asset Performance: Tracks KOSPI 200; price mirrors its movements.

Supply and Demand: Higher demand raises price; increased supply lowers it.

Market Sentiment: Overall investor mood influences trading activity.

Economic Conditions: Interest rates, inflation affect corporate earnings and index.

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