Xtrackers MSCI Korea UCITS ETF (02848.HK) Rises 4.75%, AUM Reaches HKD 4.128 Billion

Newtimespace News: As of 14:30 on July 21, Xtrackers MSCI Korea UCITS ETF (02848.HK) stood at HKD 1699.000, up 4.75%. The ETF opened at HKD 1685.000, with the latest net asset value (NAV) at HKD 1675.999, a turnover of approximately HKD 790,100, and assets under management of approximately HKD 4.128 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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