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476750

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1d
1w
1m

Analysis and statistics

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About

476750.KO is the symbol for the KODEX KOFR 금리 액티브 ETF, a South Korean Exchange Traded Fund (ETF). This ETF aims to track the Korea Overnight Financing Repo Rate (KOFR) which reflects the overnight interest rate in the Korean repurchase agreement market. It is an actively managed fund, meaning the portfolio manager has discretion in selecting assets to achieve the fund's investment objective. The ETF provides investors with exposure to short-term Korean interest rates, potentially offering a safe haven investment option and a way to manage liquidity.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of its underlying assets, typically a basket of stocks representing a specific sector or index.

Supply and Demand: Market forces of supply and demand for the ETF itself influence its price, with higher demand generally pushing prices up and increased supply leading to price decreases.

Index Tracking Error: Deviations between the ETF's performance and the underlying index can impact its price, although ETF providers aim to minimize this tracking error.

Investor Sentiment: Overall investor sentiment towards the sector or market represented by the ETF can significantly affect its demand and, consequently, its price.

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