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485690

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1d
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1m

Analysis and statistics

  • Open
    14701.9729$
  • Previous Close
    14701.9729$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

The financial product symbol 485690.KO refers to the KODEX KOFR 금리 액티브(합성) ETF, which is a South Korean Exchange Traded Fund (ETF). This ETF aims to track the Korea Overnight Financing Rate (KOFR) and employs an active management strategy with synthetic replication. It's designed to provide investors with exposure to short-term interest rates in the Korean market.
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Factors

Underlying Index Performance: The ETF's price closely tracks the performance of the index it replicates. If the index rises, the ETF price typically increases, and vice-versa.

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

Net Asset Value (NAV): The NAV is the per-share value of the ETF's underlying assets. Large deviations between the ETF's price and NAV can attract arbitrageurs, influencing the price.

Market Sentiment: Overall market optimism or pessimism can affect investor appetite for ETFs, impacting their prices.

Expense Ratio: The ETF's management fee can indirectly affect its price by influencing its overall return relative to the underlying index.

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