Asset type Fixed Income
KODEX Active FRN ETF invests in AAA grade FRNs(Floating Rate Note) which are linked Certificate of Deposit interest rate. This ETF Foucuses on outperforming the benchmark.
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.
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).
up 11 (0.01%)
Trading Volume (shares)
* as of Aug 7, 2020
KAP Korea Short-Term Bank FRN Index(AAA, Total return)
The KAP Korea Short-Term Bank FRN Index(AAA, Total return) consists of 100 FRNs(Floating Rate Note) representing the Korean bond market. Total Return contains interest gain, captial gain and reinvestment gain. The average duration of the Index is 0.12 and potential constituents must have an investing grade above AAA.View index information in detail
|Net Assets||117 (billion)||Base Currency||KRW|
|Inception Date||June 29, 2017||General
(AP : 0.020%, Manager fee : 0.110%, Trustee Fee : 0.005%, General Administrator Fee : 0.015%)
|Trustee||KEB Hana Bank|
|Dividend||No dividend distribution||Related
Samsung Asset Managementcompliance review No.2017-170 (2017.06.29)