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463640

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1d
1w
1m

Analysis and statistics

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About

The ETF financial product symbol 463640.KO refers to the KODEX KOFR 금리 액티브(합성) ETF. This ETF is listed on the Korea Exchange (KRX) and tracks the Korea Overnight Financing Repo (KOFR) interest rate. It's an actively managed ETF that seeks to provide returns closely correlated with the KOFR rate, providing investors with a way to participate in the short-term money market.
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Factors

Fund Composition: The underlying assets held by the ETF directly impact its price. Changes in the value of these assets, primarily stocks, affect the ETF's NAV.

Supply and Demand: Market demand for 463640.KO shares relative to their supply influences the ETF's trading price on the exchange. Higher demand typically increases price.

Market Sentiment: Overall investor sentiment toward the Korean stock market and specific sectors represented in the ETF can drive buying or selling pressure, affecting price.

Economic Factors: Macroeconomic conditions in South Korea and globally, such as interest rates, inflation, and economic growth, can indirectly influence company performance and stock valuations.

Currency Fluctuations: Changes in the Korean Won's exchange rate against other currencies, especially the US dollar, can impact the value of Korean stocks held by the ETF when converted back to other currencies.

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