Yonhap Infomax NewsThe KODEX US Money Market Active ETF, a popular parking-type fund for short-term cash, posted a -3.49% return due to FX losses, highlighting risks from recent won appreciation and ongoing currency volatility.
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https://en.infomaxai.com/news/articleView.html?idxno=67824
Even Parking-Type ETFs Turn Negative—KODEX US Money Market ETF Exposed to FX Risk
The KODEX US Money Market Active ETF, a popular parking-type fund for short-term cash, posted a -3.49% return due to FX losses, highlighting risks from recent won appreciation and ongoing currency volatility.