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461900

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--%
1d
1w
1m

Analysis and statistics

  • Open
    19673.9696$
  • Previous Close
    19852.4701$
  • 52 Week Change
    --
  • Day Range
    -178.50$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

461900.KO represents the KODEX KOFR Interest Rate Actively Managed ETF, a financial product listed on the Korea Exchange (KO). This exchange-traded fund seeks to provide returns similar to the Korea Overnight Financing Repo (KOFR) interest rate. It is actively managed, meaning the fund managers make decisions about which short-term debt instruments to hold in order to track the KOFR rate and potentially generate additional income. As such, it is considered a low-risk, short-term investment option suitable for cash management.
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Factors

Underlying Asset Performance: The ETF's price closely mirrors the performance of the underlying Korean equity market or specific index it tracks.

Supply and Demand: Higher demand for the ETF tends to drive up the price, while increased selling pressure can cause the price to fall.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and economic growth in Korea influence investor sentiment and the ETF's value.

Currency Fluctuations: Changes in the exchange rate between the Korean Won and other currencies affect the ETF's price, especially for foreign investors.

Geopolitical Events: Political instability, trade tensions, or other geopolitical events in the region can significantly impact investor confidence and ETF prices.

Management Fees and Expenses: The ETF's operating costs can slightly affect returns and, indirectly, its price compared to its net asset value.

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