Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

Mirae Asset TIGER Fn Metaverse / Event-Driven

<ul>
<li>As for the one using the creation/redemption mechanism, the tracking error (market value - NAV) is still too tight to call this an arbitrage opening.</li>
<li>Then, at this point, we need to pay attention to ETF arbitrage from a pair trade perspective. There are a total of 3 pairs we can consider for this.</li>
<li>The mean reversion cycle is still not short. However, the diversion range is not extensive, so we can aim for a relatively stable setup in a market with increased volatility.</li>
</ul>


As for the one using the creation/redemption mechanism, the tracking error (market value - NAV) is still too tight to call this an arbitrage opening.
Then, at this point, we need to pay attention to ETF arbitrage from a pair trade perspective. There are a total of 3 pairs we can consider for this.
The mean reversion cycle is still not short. However, the diversion range is not extensive, so we can aim for a relatively stable setup in a market with increased volatility.


ETF Arbitrage in Korea: Names Suitable for Pair Trades

South Korea

Mirae Asset TIGER Fn Metaverse ETF is an exchange-traded fund established in South Korea. The fund aims to manage its portfolio to achieve return that closely replicated the performance of FnGuide K-Metaverse Index.

Mirae Asset TIGER Fn Metaverse (400970 KS)

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ETF Arbitrage in Korea: Names Suitable for Pair Trades

This post investigates ETF arbitrage in Korea, with a particular focus on the names suitable for pair trades, which can be another feasible...

Sanghyun Park