The Korea Exchange is seeking to list the Kindex Inverse ETF, Mondovisione reports. The fund will be listed on Thursday. The ETF utilizes the nearest month contract of Kospi200 Futures as the underlying asset.
However, the ETF will benefit if the value of Kospi200 Futures falls. The listing will take the total number of ETFs listed on the South Korean bourse in the current year to 38 and the total listed so far to 102.
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