KORU is trading at $21.21 (+5.84%) as a broad risk-on move across Asian and U.S. equity futures supports the fund.
- South Korea’s equity-market backdrop remains supportive after the KOSPI’s strong September 18 advance; the Bank of Japan’s gradual-rate-hike signal reduced fears of aggressive tightening across Asia.
- U.S.-China optimism ahead of the Trump-Xi summit and gains in major global technology shares are adding support.
- KORU’s 3x leverage magnifies these underlying Korean-equity gains.