[Korea goyounghun financial newspaper reporter] The Korea Exchange is easily reorganized to know the exchange-traded fund (ETF) Company name of a total of 83 species.
Exchange will be applied only sports people come from May to investors reorganized to make it easier to understand the product features.
Brand in Company short name, investment areas, based indices, leverage. The substrate according to the inverse synthetic hwanheji whether a given sequence.
If the name of equity is composed of people sport the brand name, investment areas, based indices, track drainage, whether hwanheji synthesis and the like. Of these investment areas are omitted In the domestic type, and whether the synthetic track drainage and hwanheji does not fill if not applicable.
Bond is also configured as a brand name, investment areas, based indices, maturity or duration, track drainage, whether hwanheji synthesis and the like. Investment area is not the case of the domestic type, track drainage, whether synthetic and hwanheji such is not the case described does not apply.
Using the same or similar names as possible index name basis, and if ever the ETF to track the spot index futures index return investment performance and may differ them clearly displayed.
Also prohibited representations and abstract words used to inhibit an intuitive understanding of investors about the product characteristics, except for unavoidable for investors to understand and use the principle of Hangul.
If the event can change people rather confusing for investors, it is possible to recognize some exceptions, in consultation with the manager.
Exchange official explained that "there is no choice to make it easier to describe the product characteristics, volume and investor awareness could be recognized for its high brand value stocks".
After already undergone prior notice period of one month for the 83 stocks of the listed stocks ETF 265 it is scheduled to be applied were the Company reorganized from 2 May.
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