Index Provider
ETF is index-linked fund designed to track specific stock index movement and return. Accordingly, the movement of the Tracking Index is the most important when ETF price and return are calculated. The indexes which ETFs follow can be classified into 2. First, it is a market representative index calculated and announced by exchanges, such as KOSPI 200, KRX 100, or NASDAQ 100. The other is a special index which is calculated by professional index providers to suit the purpose and features of ETF such as Samsung Group stock, growth, or value stock. At this time, the indexes other than market representative indexes and overseas indexes in ETF market are calculated by 'MKF and KIS Pricing'. And asset management company makes agreement on index use with index calculating institution to utilize this for ETF management.