Leveraged/Inverse
The “KODEX WTI Crude Oil Futures Inverse ETF(H)” seeks to replicate the inversed daily performance of the "S&P GSCI Crude Oil Index Excess Return" by mainly investing in crude oil futures. The "S&P GSCI Crude Oil Index Excess Return", which is announced by S&P Dow Jones Indices, is an index that represents the price movement of WTI Crude Oil futures listed on the NYMEX. The index incorporates the returns of price levels of the contracts as well as the discount or premium obtained by rolling positions.
Last data obtained Quotes delayed at least 20 minutes. Market data provided by KOSCOM.
Refers to the current value of future income generated from investments into bonds discounted at an appropriate discount rate.
12,420
Net Asset Value (NAV): Net Asset Amount refers to the assets of the ETF less the liabilities the ETF has to pay.
This total Net Asset Amount divided by the total number of securities in the ETF is called the Base Price or Net Asset Value (NAV).
In other words, NAV refers to the ETF per share value. It is announced once a day based on the closing market prices from the previous day.
Indicative NAV (iNAV): Value of the ETF calculated in real-time, reflecting the current price of the assets the ETF holds.
Investors make their trades with reference to this price. As such, ETF transaction prices usually form approximate to the iNAV.
Depending on the sentiment of market participants, however, the transaction price may be higher than the iNAV (overvaluation), or conversely lower than iNAV (undervaluation).
12,459
up 99 (0.80%)
Trading Volume (shares)
1,782
* as of Jan 21, 2020
S&P Crude Oil Index Excess Return
The S&P GSCI Crude Oil index provides investors with a reliable and publicly available benchmark for investment performance in the crude oil market.
View index information in detail| Net Assets | 5 (billion) | Base Currency | KRW |
|---|---|---|---|
| Inception Date | June 13, 2017 | General Administrator |
KSD |
| Gross Expense Ratio |
0.350% (AP : 0.020%, Manager fee : 0.290%, Trustee Fee : 0.020%, General Administrator Fee : 0.020%) |
Trustee | HSBC |
| Dividend |
Annual dividend distribution, only if applicable.
(Such funds mainly investing in derivative products often do not distribute dividends.) |
Related Documents |
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Samsung Asset Managementcompliance review No.2017-160 (2017.06.13)