A rising dollar and global inflation might be keeping traders from looking at potential opportunities in emerging markets (EM). However, they need to take a closer look at South Korea.
A Case for Investing in South Korea etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
South Korea is proving its mettle once again in an economic crisis. It’s not a new trend as the country has faced challenges in the past and bounced back.
“In 1998, Asia’s fourth-biggest economy surprised everyone by being first to recover from the region’s financial crisis,” a Forbes article noted. “In 2000 and 2008, it avoided, respectively, the worst of the dot-com and Lehman Brothers meltdowns. Ditto for the 2013 ‘temper tantrum’ in emerging markets. Now, Korea has joined China in returning to its pre-Covid growth levels.”
As for the fund itself, KORU seeks daily investment results equal to 300% of the daily performance of the MSCI Korea 25/50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index.
ETF Battles: 430% Gain in 1 Year?! Sorting Through South Korea s Best ETFs
In this episode, you ll see a 3-way battle between South Korea ETFs from Direxion, iShares and Franklin Templeton.
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May 5, 2021
In this episode, you ll see a 3-way battle between South Korea ETFs from Direxion, iShares and Franklin Templeton.
Note: I m excited to be partnering with
ETF Guide to bring you their weekly web series, ETF Battles .
ETF Guide founder, Ron DeLegge, explains that in a typical battle , each fund is judged against the other in key categories like cost, exposure strategy, performance and a mystery category.
Two industry experts are brought in to debate the ETFs and eventually declare a winner.
January 7, 2021
Traders sifting through the mass of leveraged ETF opportunities might want to give this single-country fund a look: the
KORU seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Korea 25/50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index, and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index.
The index is designed to measure the performance of the large- and mid-cap segments of the South Korean equity market, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers. The fund has already surpassed its pre-pandemic levels and then some, rising to an 85% gain the past year.