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The Korea Exchange (“KRX”) is going to list KODEX Solar Energy ETF that tracks Solar Energy Index produced by FnGuide. The trust principal is approximately KRW 7.1bil.
With the listing of KODEX Solar Energy ETF, the total number of ETFs listed this year would be 37, bringing the total number of the ETFs listed on the KRX to 101.
The base value of Solar Energy Index is 1,000 points, with the base date of September 1, 2009, and as of July 20, 2011, the index value is 2,925.37 pt. The recent 3-month return is -9.6 %pt below that of KOSPI, however, the return for recent two years and 2011 is 55.09% and 15.45%, respectively, higher than that of KOSPI.
