Xtrackers MSCI Korea UCITS ETF (02848.HK) Rises 0.74% to HKD 1628.000

Newtimespace News: As of 10:49 on July 14, Xtrackers MSCI Korea UCITS ETF (02848.HK) stood at HKD 1628.000, up 0.74%. The ETF opened at HKD 1616.000, with the latest net asset value (NAV) at HKD 1800.984, a turnover of approximately HKD 1.1523 million, and assets under management of approximately HKD 4.177 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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