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488200

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--%
1d
1w
1m

Analysis and statistics

  • Open
    8421.503$
  • Previous Close
    8466.6558$
  • 52 Week Change
    --
  • Day Range
    -45.15$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The ETF with the financial product symbol 488200.KO refers to the KODEX KOFR 금리 액티브 ETF (KODEX KOFR Interest Rate Active ETF). This is a South Korean Exchange Traded Fund that tracks the Korea Overnight Financing Repo (KOFR) interest rate. It's designed to provide investors with returns similar to the overnight interest rate on repurchase agreements in the Korean market, offering a low-risk, cash-like investment option.
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Factors

[Index Performance]: 488200.KO tracks a specific Korean stock index. The ETF's price closely reflects the performance of the underlying index. When the index rises, the ETF's price tends to increase, and vice versa.

[Supply and Demand]: General market supply and demand forces also influence the ETF's price. High demand can drive the price up, while increased selling pressure can lower it.

[Investor Sentiment]: Broad investor sentiment towards the Korean stock market or specific sectors included in the index can impact demand for the ETF.

[Currency Fluctuations]: Changes in the exchange rate between the Korean Won and other currencies can affect the value of the ETF, especially for international investors.

[Expense Ratio]: While not directly influencing the daily price, the ETF's expense ratio affects its long-term returns. A higher expense ratio reduces the overall return compared to the underlying index's performance.

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