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465660

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Analysis and statistics

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About

The financial product symbol 465660.KO refers to the KODEX KOFR 금리 액티브 ETF, which is an exchange-traded fund (ETF) listed on the Korea Exchange (KRX). This ETF seeks to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate. It's an actively managed fund designed to provide returns comparable to the KOFR interest rate, a benchmark reflecting the overnight lending rate in the Korean repo market. Investors often use this type of ETF for short-term cash management or to hedge against interest rate fluctuations.
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Factors

Underlying Asset Performance: The price of 465660.KO directly reflects the performance of the underlying assets it tracks, influencing its value.

Supply and Demand: Market demand for the ETF versus the available supply affects the price, with high demand potentially driving it up.

Expense Ratio: The ETF's annual expense ratio, impacting investor returns, can affect its attractiveness and thus price.

Interest Rates: Changes in interest rates can influence investor sentiment and asset allocation, thereby affecting ETF demand and price.

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