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488210

$--
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1d
1w
1m

Analysis and statistics

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About

488210.KO is the ticker symbol for the KODEX KOFR Interest Rate Active ETF listed on the Korea Exchange. This exchange-traded fund aims to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate and seeks to provide returns similar to the KOFR rate, less expenses. It's designed to be a low-risk, cash-equivalent investment option for investors seeking short-term, stable returns tied to overnight interest rates in the Korean financial market.
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Factors

Index Performance: The ETF's price largely reflects the performance of the underlying index it tracks.

Supply and Demand: Increased demand can drive the price up, while increased supply can lower it.

Market Sentiment: Overall investor confidence or fear can influence ETF prices.

Currency Exchange Rates: Fluctuations in the KRW/USD rate can impact returns for non-Korean investors.

Expense Ratio: The ETF's operating costs are deducted from its returns, affecting the price.

Trading Volume & Liquidity: Higher volume usually means tighter bid-ask spreads and easier trading, impacting price.

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