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277630

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--%
1d
1w
1m

Analysis and statistics

  • Open
    32802.876$
  • Previous Close
    32587.826$
  • 52 Week Change
    --
  • Day Range
    215.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol 277630.KO refers to the KODEX KOFR Interest Rate Active ETF, managed by Samsung Asset Management in South Korea. It is an exchange-traded fund (ETF) designed to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate, aiming to provide investors with returns similar to the short-term money market rates. The ETF invests in instruments linked to the KOFR rate and seeks to offer a convenient and liquid way to access the South Korean short-term interest rate market.
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Factors

Underlying Asset Performance: The ETF's price is heavily influenced by the performance of the KOSPI 200 index it tracks.

Supply and Demand: Market demand for the ETF versus the available supply affects its trading price, premiums, and discounts.

Economic Conditions: Broad economic factors like inflation, interest rates, and GDP growth can impact investor sentiment and ETF demand.

Sector Performance: The performance of sectors within the KOSPI 200, such as technology or finance, can affect the ETF's overall price.

Investor Sentiment: General market optimism or pessimism can drive buying or selling pressure, affecting the ETF's price.

Currency Fluctuations: Changes in the value of the Korean Won relative to other currencies can affect returns for foreign investors.

Fund Management Fees: While not a direct price driver, high fees can make the ETF less attractive, indirectly impacting demand and price.

Geopolitical Events: Major global or regional events can induce market volatility, affecting investor confidence and ETF prices.

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