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494300

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Analysis and statistics

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About

The ETF with the financial product symbol 494300.KO on the Korea Exchange (KRX) refers to the KODEX K-Growth ESG Active ETF. This ETF seeks to outperform the KOSPI by investing in companies demonstrating strong Environmental, Social, and Governance (ESG) practices and exhibiting high growth potential. It's an actively managed fund, meaning the portfolio composition is determined by fund managers using fundamental analysis and ESG considerations, rather than passively tracking a specific index. The fund aims to provide investors with both capital appreciation and positive social impact through its investment strategy.
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Factors

Underlying Stock Performance: The ETF's price largely mirrors the performance of the Korean stocks it holds. If those stocks rise, the ETF typically follows.

Supply and Demand: Increased demand for the ETF can drive its price up, while increased selling pressure can push it down.

Economic Conditions: Broader economic trends in South Korea and globally can affect investor sentiment and the value of the underlying holdings.

Currency Fluctuations: Changes in the value of the Korean Won versus other currencies can impact the ETF's price, especially for foreign investors.

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