Xtrackers MSCI Korea UCITS ETF (02848.HK) Rises 0.85% to HKD 1474.500
Newtimespace News: As of 14:58 on April 20, Xtrackers MSCI Korea UCITS ETF (02848.HK) stood at HKD 1474.500, up 0.85%. The ETF opened at HKD 1463.000, with the latest net asset value (NAV) at HKD 1481.513, a turnover of approximately HKD 891,400, and 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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