First ETFs Listed In Korea

The first two ETFs will be listed and traded on the Korea Stock Exchange on 26 September, says Citibank. The Net Asset Values (NAVs) of the ETFs will be disclosed on a real time basis through the KSE. The minimum

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The first two ETFs will be listed and traded on the Korea Stock Exchange on 26 September, says Citibank. The Net Asset Values (NAVs) of the ETFs will be disclosed on a real-time basis through the KSE. The minimum

trading unit is 10 shares. The Financial Supervisory Commission (FSC) said it also plans to revise the Regulation on Supervision of Securities Business, to support redemptions of ETFs made by foreign investors. The revision is scheduled for 13 September2002, and will allow foreign investors to temporarily exceed foreign ownership limits provided any excess is sold immediately upon redemption date.

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