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494210

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1m

Analysis and statistics

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About

The financial product symbol 494210.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF aims to track the performance of the Korea Overnight Financing Repo (KOFR) rate and provides investors with exposure to the Korean short-term money market. It utilizes a synthetic replication strategy to achieve its investment objective.
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Factors

Underlying Asset Performance: The ETF price directly reflects the performance of the underlying assets, which are Korean stocks. Positive stock performance typically increases the ETF's price, while negative performance decreases it. Supply and Demand: Market demand for the ETF impacts its price. Higher demand relative to supply drives prices up, while lower demand pushes them down. Expense Ratio: The ETF's operating costs, expressed as an expense ratio, can indirectly affect its price. Higher expenses reduce returns, impacting investor appeal and potentially lowering the price. Interest Rates: Changes in interest rates can affect investor sentiment toward equities, which in turn can influence the demand and price of the ETF. Currency Exchange Rates: Fluctuations in the Korean Won's exchange rate against other currencies can impact the value of the ETF for foreign investors.

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