KORU is trading 2.3% down following a surprise interest rate hike by the Bank of Korea and a sharp selloff in the regular trading session.
- The 3x leveraged exposure is magnifying volatility as South Korean equities react to the central bank's hawkish shift.
- Broader weakness in semiconductor and AI-related shares is weighing heavily on the fund's major technology holdings.
- Investors are reassessing risk profiles as the unexpected rate move triggers a selloff across the Korean equity market.