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500012

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Analysis and statistics

  • Open
    9457.2686$
  • Previous Close
    9457.2686$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
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  • Beta
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  • Volume
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About

The ETF with the financial product symbol 500012.KO on the Korea Exchange (KRX) is the KODEX KOFR Interest Rate Actively Managed ETF. This ETF aims to track the Korea Overnight Financing Repo (KOFR) interest rate, providing investors with exposure to short-term Korean interest rates. It is actively managed, meaning the fund manager has discretion in adjusting the portfolio to optimize returns based on market conditions and the underlying KOFR rate. This type of ETF is often used for cash management and as a hedge against interest rate risk.
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Factors

Underlying Index Performance: The price of 500012.KO, an ETF tracking the KOSPI 200, directly reflects the performance of the KOSPI 200 index. Rising index values lead to increased ETF prices.

Supply and Demand: Market demand for the ETF influences its price. High demand drives prices up, while increased selling pressure lowers them.

Net Asset Value (NAV): The NAV, representing the per-share value of the ETF's holdings, acts as a baseline for the market price. Divergences can create arbitrage opportunities.

Management Fees and Expenses: Higher fees and expenses reduce the ETF's returns, indirectly affecting its price compared to similar ETFs.

Foreign Exchange Rates: Fluctuations in the Korean Won (KRW) against other currencies can impact the ETF's price, especially for foreign investors.

Dividend Yield: Dividends paid by the underlying companies in the KOSPI 200 and passed on to ETF holders can affect the ETF's appeal and price.

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