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461910

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Analysis and statistics

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About

The ETF with the financial product symbol 461910.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, managed by Korea Investment Management Co., Ltd. This ETF tracks the Korea Overnight Financing Repo (KOFR) interest rate and aims to provide investment returns that reflect the daily compounded return of the KOFR rate. It's designed as an actively managed synthetic ETF, meaning it may use derivatives to achieve its investment objective, and it focuses on short-term interest rate movements within the Korean money market.

Factors

Underlying Index Performance: 461910.KO's price heavily depends on its underlying index's performance. Upward index trends typically boost the ETF's value, while declines pull it down.

Supply and Demand: ETF share price fluctuates based on market demand. High demand can drive up the price, whereas selling pressure lowers it.

Investor Sentiment: Overall market optimism or pessimism greatly influences ETF investments, impacting the trading price.

Economic Conditions: Economic factors like interest rates, inflation, and GDP growth can indirectly affect the underlying assets of 461910.KO and subsequently its price.

Currency Exchange Rates: Fluctuations in currency exchange rates can impact the value of the underlying assets, especially if they include international holdings.

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