ETFs(Exchange Traded Funds) are funds listed on stock exchange those track market indices. By placing orders at known prices,
you can react rapidly to the changing market conditions
KODEX can be traded easily just like common stocks on the Korea Exchange. Major brokerage firms are designated as the Authorized
Participants to provide services for investors. Liquidity providers maintain a competitive bid-offer spread in order to assure liquidity of KODEX ETFs.
Trading of KODEX ETFs on the stock market involves no creation or redemption fees.
Investors only pay their brokerage commission when they trade. The Securities Transaction Tax of 0.3% is also exempted on a KODEX transaction.
Investors can sell KODEX short conveniently along any price movement when the market is open.
Up-tick rule is not applied to KODEX ETFs