The Korea Exchange ("KRX") is going to list KINDEX Inverse ETF on September 8, 2011.
KINDEX Inverse ETF uses the nearest month contract of KOSPI200 Futures (F-KOSPI200) as the underlying asset, but is designed to profit if the value of F-KOSPI200 declines.
With the listing of KINDEX Inverse ETF, the total number of ETFs listed this year would be 38, bringing the total number of the ETFs listed on the KRX to 102.
