Xtrackers MSCI Korea UCITS ETF(02848.HK) surged intraday, up more than 3%.
Xtrackers MSCI Korea UCITS ETF(02848.HK) surged more than 3% intraday after the opening bell on 7 January; the fund has gained over 100% in the past year and remains in a firm uptrend.
NewTimeSpace News – Wind data show Xtrackers MSCI Korea UCITS ETF(02848.HK) surged more than 3% intraday after the opening bell on 7 January; the fund has gained over 100% in the past year and remains in a firm uptrend.
According to HKEX data, TR Korea (02848.HK) tracks the MSCI Korea 20/35 Custom Index—a “capped” benchmark created by MSCI to meet EU UCITS requirements. While preserving broad representation and investability of Korea’s large- and mid-cap universe, the index imposes hard single-company weight limits to reduce concentration risk. SK hynix, Samsung Electronics, NAVER, Hyundai Motor and Shinhan Financial Group are all among its top-ten constituents.
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