Xtrackers MSCI Korea UCITS ETF(02848.HK) Fell 6.54% to 1780.500

Newtimespace News, as of 13:19 on May 15, Xtrackers MSCI Korea UCITS ETF(02848.HK) was quoted at HKD 1780.500, down 6.54%. The ETF opened at HKD 1907.000, with a high of HKD 1907.000 and a low of HKD 1780.000. The latest Net Asset Value (NAV) per unit is HKD 1879.607. The asset size is approximately HKD 3.331 billion.

Xtrackers MSCI Korea UCITS ETF(02848.HK) closely tracks the MSCI Korea 20/35 Capped Index, which is compiled and published by MSCI Inc. Based on the MSCI Korea Index, this index incorporates a weighting cap mechanism. The weight of any single constituent stock is capped at 20%, and the combined weight of the top five constituents is capped at 35%. This is designed to reduce single-stock concentration risk and provide a more balanced reflection of the overall performance of the Korean stock market.

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