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261260

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    5406.6058$
  • Previous Close
    5435.1084$
  • 52 Week Change
    --
  • Day Range
    -28.50$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

261260.KO is the ticker symbol for the KODEX KOFR Interest Rate Active ETF. This exchange-traded fund, managed by Samsung Asset Management, aims to track the performance of the Korea Overnight Financing Rate (KOFR). The KOFR is a benchmark interest rate reflecting the average interest rate of overnight repurchase agreements transacted in the Korean money market. The ETF invests primarily in Korean Won-denominated short-term debt instruments to achieve its objective, providing investors with exposure to short-term interest rate movements in the Korean financial market.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of its underlying holdings.

Supply and Demand: Higher demand drives up the price, while increased selling pressure lowers it.

Market Sentiment: Overall investor confidence and market trends influence ETF valuations.

Expense Ratio: The ETF's operating costs impact its net asset value and market price.

Liquidity: Higher liquidity usually results in tighter bid-ask spreads and more efficient pricing.

Index Tracking Accuracy: How closely the ETF follows its benchmark affects investor perception and price.

Economic Factors: Macroeconomic conditions such as interest rates and inflation influence investment decisions and ETF prices.

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