[Korea goyounghun financial newspaper reporter] announced that the Korea Exchange, KRX index is released from 27 days to take advantage of the market price of gold coming exchange and development of the first commodity index gold spot index for alternative investments enabled.
Gold spot index is significant in that it can meet the investment demand for physical gold spot price by calculating the index with a non-gift.
KRX gold market gotta liquidity expanded introduction LP system after opening in 2014 and established the conditions to calculate the index, KRX gold market average daily trading value was also one blow in trillion won to 1.07 billion won last year's fourth quarter.
A gold exchange traded fund (ETF), such as induced diversification promote the supply of alternative investments to stocks and assets other than bonds, and won by an index representing the price flow of KRX gold market (1kg) and dollar terms Two It calculates the index, respectively.
The transition from the daily return of the gold spot price (1kg) method returns the market in order to deduct the cost of the actual storage. Overseas and storage costs deducted from the price and yield to assess the interoperability of such ETF, index funds more accurately.
Besides the traditional investment target stocks and bonds are expected to provide an alternative means to enable investment to invest in real gold.
Exchange Management Support Division index division jeongsangho team leader of ways to combine the index that is based on risk, "gold spot index investors that are publicly traded in the ETF including investment in the gold market on the basis of being expanded, such as gold spot index and equity assets the exponential development of fusion described would be facilitated. "
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