Xtrackers MSCI Korea UCITS ETF (02848.HK) Opens Up 1.68% at HKD 1486.500

Newtimespace News: As of 13:37 on April 20, Xtrackers MSCI Korea UCITS ETF (02848.HK) stood at HKD 1486.500, up 1.68%. The ETF's latest net asset value (NAV) is HKD 1481.513, with assets under management of approximately HKD 2.199 billion.

Xtrackers MSCI Korea UCITS ETF (02848.HK) closely tracks the MSCI Korea 20/35 Custom Index. Building on the MSCI Korea Index, this index introduces capping mechanisms that limit any single constituent's weight to no more than 20% and the aggregate weight of the top five constituents to no more than 35%, thereby reducing single-stock concentration risk and providing a more balanced representation of the Korean equity market.

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