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428510

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1d
1w
1m

Analysis and statistics

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About

The financial product with the symbol 428510.KO refers to the KODEX K-Growth Digital Plus ETF. It's a fund listed on the Korea Exchange (KRX) and managed by Samsung Asset Management. This ETF focuses on investing in Korean companies that are expected to benefit from digital transformation and growth in related sectors.
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Factors

Underlying Index Performance: The primary driver is the performance of the index 428510.KO tracks. Positive index movements generally lead to higher ETF prices. Supply and Demand: Like any traded asset, supply and demand influence the ETF's market price. High demand can push the price above its net asset value (NAV). Net Asset Value (NAV): NAV reflects the total value of the ETF's holdings minus liabilities, divided by the number of outstanding shares. The ETF price tends to trade around its NAV. Market Sentiment: Overall investor sentiment towards the Korean market and the specific sectors represented in the index can affect the ETF's price. Expense Ratio: While not directly impacting daily price swings, a higher expense ratio can slightly reduce long-term returns and thus influence investor perception. Currency Fluctuations: Since the ETF invests in Korean assets, changes in the KRW/USD exchange rate can affect its price when viewed in USD.

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