Xtrackers MSCI Korea UCITS ETF (02848.HK) Falls 8.50% to HKD 1969.000

Newtimespace News: As of 13:56 on June 23, Xtrackers MSCI Korea UCITS ETF (02848.HK) stood at HKD 1969.000, down 8.50%. The ETF opened at HKD 2120.000, with the latest net asset value (NAV) at HKD 2135.945, a turnover of approximately HKD 5.693 million, and assets under management of approximately HKD 4.42 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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