{"id":10443,"date":"2026-03-19T06:08:49","date_gmt":"2026-03-18T21:08:49","guid":{"rendered":"https:\/\/readtrends.com\/ko\/no-duplicate-listing-kosdaq\/"},"modified":"2026-03-19T06:08:49","modified_gmt":"2026-03-18T21:08:49","slug":"no-duplicate-listing-kosdaq","status":"publish","type":"post","link":"https:\/\/readtrends.com\/ko\/no-duplicate-listing-kosdaq\/","title":{"rendered":"\uc911\ubcf5\uc0c1\uc7a5 \uc6d0\uce59\uc801 \uae08\uc9c0\u2026\ucf54\uc2a4\ub2e5 1\u00b72\ubd80 \uccb4\uacc4\ub85c \uac1c\ud3b8"},"content":{"rendered":"<article>\n<h2>\ud575\uc2ec \uc694\uc57d<\/h2>\n<p>\uc774\uc7ac\uba85 \ub300\ud1b5\ub839 \uc8fc\uc7ac\ub85c 3\uc6d4 18\uc77c \uccad\uc640\ub300\uc5d0\uc11c \uc5f4\ub9b0 \uc790\ubcf8\uc2dc\uc7a5 \uac04\ub2f4\ud68c\uc5d0\uc11c \uc774\uc5b5\uc6d0 \uae08\uc735\uc704\uc6d0\uc7a5\uc740 \ubaa8\ud68c\uc0ac\uc640 \uc790\ud68c\uc0ac\uc758 \uc911\ubcf5\uc0c1\uc7a5\uc744 \uc6d0\uce59\uc801\uc73c\ub85c \uae08\uc9c0\ud558\uace0 \ucf54\uc2a4\ub2e5\uc744 1\ubd80(\uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5)\uc640 2\ubd80(\uc2a4\ucf00\uc77c\uc5c5 \uae30\uc5c5)\ub85c \ubd84\ub9ac\u00b7\uc6b4\uc601\ud558\uaca0\ub2e4\uace0 \ubcf4\uace0\ud588\ub2e4. \ucf54\uc2a4\ub2e5 1\ubd80\ub294 \ucd5c\ub300 170\uac1c\ub85c \uc120\ubcc4\ud558\uace0, \uc800PBR \uae30\uc5c5 \ub9ac\uc2a4\ud2b8 \uacf5\uac1c\u00b7\uc885\ubaa9 \ud45c\uc2dc, \uc0c1\uc7a5\ud3d0\uc9c0 \ub300\uc0c1 \ud655\ub300(\uc62c\ud574 50\uac1c\u2192150\uac1c \ub0b4\uc678)\uc640 \uacb0\uc81c\uc77c \ub2e8\ucd95(T+2\u2192T+1) \ub4f1 \uc81c\ub3c4 \uac1c\uc120\uc774 \ub17c\uc758\ub410\ub2e4. \uc774\ub0a0 \ucf54\uc2a4\ud53c\uc9c0\uc218\ub294 5.04% \uc624\ub978 5925.03\uc73c\ub85c \ub9c8\uac10\ud588\uace0 \uae30\uad00\ud22c\uc790\uac00\uac00 3\uc870192\uc5b5\uc6d0 \uc21c\ub9e4\uc218\ud588\ub2e4.<\/p>\n<h2>\ud575\uc2ec \uc0ac\uc2e4<\/h2>\n<ul>\n<li>\ubaa8\ud68c\uc0ac-\uc790\ud68c\uc0ac \uc911\ubcf5\uc0c1\uc7a5\uc740 \uc6d0\uce59\uc801\uc73c\ub85c \uae08\uc9c0\ub418\uba70 \uc608\uc678\ub294 \uc77c\ubc18 \uc8fc\uc8fc \ubcf4\ud638\uc640 \uad6d\ub0b4 \uc0c1\uc7a5 \ud544\uc694\uc131\uc744 \uc885\ud569 \uace0\ub824\ud574 \uc81c\ud55c\uc801\uc73c\ub85c \ud5c8\uc6a9\ub41c\ub2e4.<\/li>\n<li>\ucf54\uc2a4\ub2e5\uc740 \ub0b4\ub144 \uc0c1\ubc18\uae30 \uc911 1\u00b72\ubd80\ub85c \uc7ac\ud3b8\ub418\uba70 1\ubd80\ub294 \ud604 \ucf54\uc2a4\ub2e5 \uae30\uc5c5 \uc911 170\uac1c \uc774\ub0b4\uc758 \uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5\uc73c\ub85c \uad6c\uc131\ud55c\ub2e4.<\/li>\n<li>\uc8fc\uac00\uc21c\uc790\uc0b0\ube44\uc728(PBR)\uc774 \ub0ae\uc740 \uc0c1\uc7a5\uc0ac \ub9ac\uc2a4\ud2b8\ub97c \uacf5\uac1c\ud558\uace0 \uc800PBR \uc885\ubaa9\uc744 \uc885\ubaa9\uba85\uc5d0 \ud45c\uc2dc\ud574 \ud22c\uc790\uc790\uac00 \uc2dd\ubcc4\ud560 \uc218 \uc788\uac8c \ud55c\ub2e4.<\/li>\n<li>\uc0c1\uc7a5\ud3d0\uc9c0 \uad00\ub9ac \uac15\ud654\ub85c \uc62c\ud574 \ud1f4\ucd9c \ubaa9\ud45c\ub97c \uae30\uc874 50\uac1c\uc5d0\uc11c 150\uac1c \ub0b4\uc678\ub85c \uc0c1\ud5a5\ud558\uace0, \ub0b4\ub144 6\uc6d4\uae4c\uc9c0 \uc9d1\uc911\uad00\ub9ac\uae30\uac04\uc744 \ub454\ub2e4.<\/li>\n<li>\ucf54\ub125\uc2a4 \ud380\ub4dc \uaddc\ubaa8\ub294 \ud604 1000\uc5b5\uc6d0\uc5d0\uc11c 2000\uc5b5\uc6d0 \uc774\uc0c1\uc73c\ub85c \ud655\ub300\ud558\uace0 \ucf54\ub125\uc2a4 \uad00\ub828 \uc18c\uc561\uc8fc\uc8fc \ubcf4\uc720\ube44\uc911 \uc720\uc9c0\uc694\uac74\uc744 5%\uc5d0\uc11c 15%\ub85c \ub2e8\uacc4\uc801 \uc0c1\ud5a5 \uac80\ud1a0\ud55c\ub2e4.<\/li>\n<li>\uae30\uc220\ud2b9\ub840\uc0c1\uc7a5 \ub300\uc0c1 \uc5c5\uc885\uc744 \ubc14\uc774\uc624\u00b7AI\u00b7\uc6b0\uc8fc\u00b7\uc5d0\ub108\uc9c0\uc5d0\uc11c \ucca8\ub2e8\ub85c\ubd07\u00b7K-\ucf58\ud150\uce20\u00b7\uc0ac\uc774\ubc84\ubcf4\uc548 \ub4f1\uc73c\ub85c \ud655\ub300 \uac80\ud1a0\ud55c\ub2e4.<\/li>\n<li>M&#038;A \uad00\ub828 \uacf5\uc2dc\u00b7\uc774\uc0ac\ud68c \uc758\ubb34\ub97c \uac15\ud654\ud574 \uc778\uc218\u00b7\ud569\ubcd1\uc744 \ud1b5\ud55c \uc800\uc131\uacfc \uae30\uc5c5 \ud1f4\ucd9c \uacbd\ub85c\ub97c \uc5f4\uace0, \uad00\ub828 \uc790\ubcf8\uc2dc\uc7a5\ubc95 \uac1c\uc815\uc548\uc744 9\uc6d4\uae4c\uc9c0 \ubc1c\uc758\ud560 \uacc4\ud68d\uc774\ub2e4.<\/li>\n<li>\uc8fc\uc2dd\uacb0\uc81c \uad6c\uc870\ub97c \ud604\ud589 T+2\uc5d0\uc11c T+1\ub85c \ub2e8\ucd95\ud558\ub294 \ubc29\uc548\uc744 \uac70\ub798\uc18c\uac00 \uac80\ud1a0\u00b7\uc218\uc6a9\ud558\uaca0\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/li>\n<\/ul>\n<h2>\uc0ac\uac74 \ubc30\uacbd<\/h2>\n<p>\ucf54\uc2a4\ub2e5\uc740 \ucd9c\ubc94 \ub2f9\uc2dc \uae30\uc220\u00b7\uc131\uc7a5\uae30\uc5c5\uc744 \uc704\ud55c \uc2dc\uc7a5\uc73c\ub85c \uc124\uacc4\ub410\uc73c\ub098 \uae30\uc5c5\uc758 \uc131\uc7a5 \ub2e8\uacc4\uc640 \uc2e4\uc801 \ucc28\uc774\uac00 \ucee4\uc9c0\uba70 \ud22c\uc790\uc790\uc640 \uae30\uc5c5 \ubaa8\ub450 \ud63c\ub780\uc744 \uacaa\uc5b4\uc654\ub2e4. \uc774\ub7ec\ud55c \uad6c\uc870\uc801 \ud63c\uc7ac\ub294 \ubc38\ub958\uc5d0\uc774\uc158 \ud3c9\uac00\uc758 \ubd88\uade0\ud615\uc744 \ucd08\ub798\ud558\uace0, \uc6b0\ub7c9 \uae30\uc5c5\uacfc \uc800\uc131\uacfc \uae30\uc5c5\uc774 \ub3d9\uc77c \ud50c\ub7ab\ud3fc\uc5d0\uc11c \uacbd\uc7c1\ud568\uc73c\ub85c\uc368 \uc2dc\uc7a5 \uc2e0\ub8b0\ub3c4\uac00 \ub0ae\uc544\uc9c0\ub294 \ubb38\uc81c\ub85c \uc774\uc5b4\uc84c\ub2e4. \uae08\uc735\uc704\uc6d0\ud68c\uc640 \uac70\ub798\uc18c\ub294 \ub2e8\uacc4\ubcc4 \uc131\uc7a5\uc0ac\ub2e4\ub9ac \ub9c8\ub828\uc744 \ud1b5\ud574 &#8216;\ud55c\uad6d\ud615 \ub098\uc2a4\ub2e5&#8217;\uc758 \ubcf8\ub798 \ucde8\uc9c0\ub97c \uc0b4\ub9ac\uace0\uc790 \uc774\ubc88 \ubd84\ub9ac\ub97c \uc81c\uc548\ud588\ub2e4. \uc544\uc6b8\ub7ec MSCI \uc120\uc9c4\uad6d\uc9c0\uc218 \ud3b8\uc785\uc744 \ubaa9\ud45c\ub85c \uc678\uad6d\uc778 \ud22c\uc790 \uc81c\ub3c4\uc640 \ud658\uc728 \uc2dc\uc7a5 \uc815\ube44\ub3c4 \ubcd1\ud589\ud574 \uc678\uad6d\uc778 \ud22c\uc790\uc790\uc758 \uc2e0\ub8b0\ub97c \uc81c\uace0\ud558\ub824\ub294 \uc758\ub3c4\ub3c4 \ubc18\uc601\ub410\ub2e4.<\/p>\n<p>\uc0c1\uc7a5\ud3d0\uc9c0 \uc81c\ub3c4\uc758 \uc2e0\uc18d\ud654 \uc694\uad6c\ub294 \uc9c0\ub09c \uc218\ub144\uac04 \ubc18\ubcf5\ub41c \uacfc\uc81c\uc600\ub2e4. \ud22c\uc790\uc790 \ubcf4\ud638 \uad00\uc810\uc5d0\uc11c \ub0ae\uc740 \ud22c\uba85\uc131\uacfc \uc7a5\uae30 \uc800\uc131\uacfc \ud68c\uc0ac\uc758 \ud1f4\ucd9c\uc744 \uac00\uc18d\ud654\ud574\uc57c \ud55c\ub2e4\ub294 \ubaa9\uc18c\ub9ac\uac00 \ucee4\uc84c\uace0, \uc2dc\uc7a5\uc758 \uc9c8\uc801 \uac1c\uc120\uc774 \uc678\uad6d\uc778 \uc790\uae08 \uc720\uce58\uc640 \uc9c0\uc218 \uac1c\uc120\uc73c\ub85c \uc5f0\uacb0\ub41c\ub2e4\ub294 \ubd84\uc11d\uc774 \ud798\uc744 \uc5bb\uc5c8\ub2e4. \uc77c\ubcf8 JPX\uc758 2022\ub144 \uc2dc\uc7a5 \uc7ac\ud3b8 \uc0ac\ub840\uac00 \ucc38\uace0\ub41c \uc810\ub3c4 \uacf5\ub860\ud654 \uacfc\uc815\uc5d0\uc11c \uac70\ub860\ub410\ub2e4. \uc774\ubc88 \uac1c\ud3b8\uc740 \uc81c\ub3c4\uc801 \uc815\ube44\uc640 \ud568\uaed8 \uc790\ubcf8\uc2dc\uc7a5 \uc804\ubc18\uc758 \uc2e0\ub8b0 \ud68c\ubcf5\uc744 \ubaa9\ud45c\ub85c \ud55c\ub2e4.<\/p>\n<h2>\uc8fc\uc694 \uc0ac\uac74<\/h2>\n<p>3\uc6d4 18\uc77c \uccad\uc640\ub300 \uac04\ub2f4\ud68c\uc5d0\uc11c \uc774\uc5b5\uc6d0 \uae08\uc735\uc704\uc6d0\uc7a5\uc740 \ubaa8\ud68c\uc0ac\uc640 \uc790\ud68c\uc0ac\uc758 \uc911\ubcf5\uc0c1\uc7a5 \uae08\uc9c0 \ubc29\uce68\uacfc \ucf54\uc2a4\ub2e5 \ubd84\ub9ac\ub97c \uacf5\uc2dd \ubcf4\uace0\ud588\ub2e4. \uc911\ubcf5\uc0c1\uc7a5\uc758 \uc608\uc678\ub294 \uc5c4\uaca9\ud55c \uc694\uac74\ud558\uc5d0\uc11c\ub9cc \ud5c8\uc6a9\ub418\uba70 \ubaa8\ud68c\uc0ac \uc774\uc0ac\ud68c\uc5d0 \uc8fc\uc8fc\ucda9\uc2e4\uc758\ubb34\ub97c \ubd80\uacfc\ud574 \uc77c\ubc18 \uc8fc\uc8fc \uad8c\uc775\uc744 \ubcf4\ud638\ud558\uaca0\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ucf54\uc2a4\ub2e5 1\ubd80\ub294 \uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5 \uc911\uc2ec\uc758 &#8216;\ud504\ub9ac\ubbf8\uc5c4 \uc138\uadf8\uba3c\ud2b8&#8217;\ub85c \uc124\uacc4\ud574 \ub300\ud45c\uae30\uc5c5 \uc911\uc2ec\uc758 \uc9c0\uc218 \uac1c\ubc1c\uacfc \uc5f0\uacc4 ETF \ub3c4\uc785\uc73c\ub85c \uae30\uad00 \ud22c\uc790 \uae30\ubc18\uc744 \ub113\ud788\uaca0\ub2e4\ub294 \uad6c\uc0c1\ub3c4 \uc81c\uc2dc\ub410\ub2e4.<\/p>\n<p>\uac70\ub798\uc18c \uce21\uc740 \uc815\ubd80 \uc694\uccad\uc5d0 \ub530\ub77c \uacb0\uc81c\uc77c \ub2e8\ucd95 \ub4f1 \uc2e4\ubb34\uc801 \uc81c\ub3c4 \uac1c\uc120\uc744 \uac80\ud1a0\ud558\uaca0\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ud604\uc7ac \ub9e4\ub3c4 \ud6c4 \ub300\uae08 \uc815\uc0b0\uc5d0 2\uc601\uc5c5\uc77c\uc774 \uc18c\uc694\ub418\ub294 \uad6c\uc870\ub97c \ud558\ub8e8\ub85c \uc55e\ub2f9\uae30\uba74 \ud22c\uc790\uc790 \uc790\uae08 \ud68c\uc804\uc774 \ube68\ub77c\uc838 \uac70\ub798 \ud6a8\uc728\uc131\uc774 \uc62c\ub77c\uac08 \uac83\uc73c\ub85c \uae30\ub300\ub41c\ub2e4. \ub2e4\ub9cc \uacb0\uc81c \uc2dc\uc2a4\ud15c \ubcc0\uacbd\uc5d0 \ub530\ub978 \uc815\uc0b0\u00b7\uccad\uc0b0 \uc778\ud504\ub77c\u00b7\ub9ac\uc2a4\ud06c \uad00\ub9ac \ubb38\uc81c\ub294 \ubcf4\uc644\uacfc \ud14c\uc2a4\ud2b8\uac00 \ud544\uc694\ud558\ub2e4.<\/p>\n<p>\uc0c1\uc7a5\ud3d0\uc9c0\uc640 \uad00\ub828\ud574 \uae08\uc735\uc704\uc6d0\ud68c\ub294 \uac70\ub798\uc18c \ub0b4 \uc9d1\uc911\uad00\ub9ac\ub2e8\uc744 \uad6c\uc131\ud574 \uc0c1\uc7a5\ud3d0\uc9c0 \ub300\uc0c1 \uae30\uc5c5\uc744 \uc62c\ud574 50\uac1c\uc5d0\uc11c 150\uac1c\ub85c \ud655\ub300\ud558\ub294 \ubaa9\ud45c\ub97c \uc138\uc6e0\ub2e4. \ub610\ud55c M&#038;A\ub97c \ud1b5\ud55c \uc800\uc131\uacfc \uc0c1\uc7a5\uc0ac \ud1f4\ucd9c \uacbd\ub85c\ub97c \uba85\ud655\ud788 \ud558\uae30 \uc704\ud574 \uc778\uc218 \uc81c\uc548 \uc2dc \ubc30\uacbd\u00b7\uc9c4\ud589 \uacbd\uacfc\ub97c \uacf5\uc2dc\ud558\uace0 \uc774\uc0ac\ud68c\uac00 \uac00\uaca9 \uac80\ud1a0\u00b7\uc785\uc7a5\uc744 \uacf5\uac1c\ud558\ub3c4\ub85d \uc758\ubb34\ud654\ud560 \ubc29\uce68\uc774\ub2e4. \ubc95\uc81c\ud654 \uc2dc\uc810\uc740 \uc62c\ud574 9\uc6d4 \uad00\ub828 \uac1c\uc815\uc548 \ubc1c\uc758\ub97c \ubaa9\ud45c\ub85c \ud558\uace0 \uc788\ub2e4.<\/p>\n<h2>\ubd84\uc11d \ubc0f \uc758\ubbf8<\/h2>\n<p>\uc911\ubcf5\uc0c1\uc7a5 \uae08\uc9c0\ub294 \ubaa8\ud68c\uc0ac \uc8fc\uc8fc\uc758 \uc774\uc775\uacfc \uc18c\uc561\uc8fc\uc8fc \ubcf4\ud638 \uc0ac\uc774\uc758 \ucda9\ub3cc\uc744 \uc904\uc774\ub294 \uc7a5\uce58\ub85c \ud3c9\uac00\ub41c\ub2e4. \uc6d0\uce59\uc801 \uae08\uc9c0\ub97c \ud1b5\ud574 \ubaa8\ud68c\uc0ac \uc774\uc775\uc744 \uc6b0\uc120\ud558\ub294 \uc758\uc0ac\uacb0\uc815\uc758 \uc65c\uace1\uc744 \ucd5c\uc18c\ud654\ud558\ub824\ub294 \uc758\ub3c4\uc774\uba70, \uc608\uc678\ub97c \uc5c4\uaca9\ud788 \uc81c\ud55c\ud558\uba74 \uc18c\uc561\uc8fc\uc8fc \uad8c\uc775\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uac15\ud654\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \ub2e4\ub9cc \uc608\uc678 \uae30\uc900\uacfc \uc2ec\uc0ac \uc808\ucc28\uac00 \ubcf5\uc7a1\ud574\uc9c0\uba74 \uc2e0\uc18d\ud55c \uae30\uc5c5 \uc804\ub7b5 \uc2e4\ud589\uc5d0 \uc81c\uc57d\uc774 \ub420 \uc218 \uc788\uc5b4 \uc138\ubd80 \uaddc\uc815 \ub9c8\ub828\uc774 \uad00\uac74\uc774\ub2e4.<\/p>\n<p>\ucf54\uc2a4\ub2e5\uc758 1\u00b72\ubd80 \ubd84\ub9ac\ub294 \ubc38\ub958\uc5d0\uc774\uc158 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ud655\ub9bd\ud574 \uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5\uc758 \ud22c\uc790 \uc720\uc778\uc744 \uac15\ud654\ud558\ub824\ub294 \uc804\ub7b5\uc774\ub2e4. 1\ubd80\uc5d0 \ud3ec\ud568\ub420 170\uac1c \ub0b4\uc678 \uae30\uc5c5\uc740 \uc9c0\uc218\uc640 ETF \uc5f0\uacc4\ub85c \uae30\uad00 \uc790\uae08\uc758 \uc720\uc785\uc774 \ucd09\uc9c4\ub420 \uc218 \uc788\ub2e4. \ubc18\uba74 2\ubd80\uc640 \ucf54\ub125\uc2a4\u00b7\ucf54\uc2a4\ub2e5 2\ubd80\uc5d0 \ub0a8\ub294 \uae30\uc5c5\ub4e4\uc740 \uc790\ubcf8 \uc870\ub2ec \ud658\uacbd\uc774 \ub354 \uc5b4\ub824\uc6cc\uc9c8 \uc6b0\ub824\uac00 \uc788\uc5b4 \uc131\uc7a5 \ub2e8\uacc4\ubcc4 \uc9c0\uc6d0\ucc45\uacfc \uc0c1\ud638 \uc774\ub3d9\uc758 \uc720\uc5f0\uc131\uc774 \uc911\uc694\ud558\ub2e4.<\/p>\n<p>\uc0c1\uc7a5\ud3d0\uc9c0 \ud655\ub300\uc640 M&#038;A \ud65c\uc131\ud654\ub294 \uc2dc\uc7a5\uc758 \uc815\ub9ac \uc791\uc5c5\uc744 \uac00\uc18d\ud558\uc9c0\ub9cc \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ubcc0\ub3d9\uc131 \ud655\ub300\ub97c \ucd08\ub798\ud560 \uc218 \uc788\ub2e4. \uc678\uad6d\uc778 \ud22c\uc790\uc790\uc758 \uc218\uae09\uacfc MSCI \uc9c0\uc218 \ud3b8\uc785 \uac00\ub2a5\uc131\uc740 \uc81c\ub3c4 \uc2e0\ub8b0\ub3c4\uac00 \uac1c\uc120\ub420 \uacbd\uc6b0 \uae0d\uc815\uc801 \uc694\uc18c\ub2e4. \uacb0\uc81c\uc77c \ub2e8\ucd95\uc740 \ud22c\uc790\uc790 \ud3b8\uc758\uc131\uacfc \uc720\ub3d9\uc131 \uac1c\uc120\uc5d0 \uae30\uc5ec\ud558\ub098, \uccad\uc0b0\u00b7\uacb0\uc81c \uc2dc\uc2a4\ud15c\uc758 \uc548\uc815\uc131 \ud655\ubcf4\uac00 \uc804\uc81c\ub418\uc5b4\uc57c \ud55c\ub2e4.<\/p>\n<h2>\ube44\uad50 \ubc0f \ub370\uc774\ud130<\/h2>\n<figure>\n<table>\n<thead>\n<tr>\n<th>\ud56d\ubaa9<\/th>\n<th>\ud604\ud589<\/th>\n<th>\uc81c\uc548(\ub610\ub294 \ubaa9\ud45c)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\ucf54\uc2a4\ub2e5 \uad6c\ubd84<\/td>\n<td>\ud1b5\ud569 \ub2e8\uc77c\uc2dc\uc7a5<\/td>\n<td>1\ubd80(\uc6b0\ub7c9 170\uac1c \ub0b4\uc678)\u00b72\ubd80 \ubd84\ub9ac<\/td>\n<\/tr>\n<tr>\n<td>\ucf54\ub125\uc2a4 \ud380\ub4dc \uaddc\ubaa8<\/td>\n<td>1000\uc5b5\uc6d0<\/td>\n<td>2000\uc5b5\uc6d0 \uc774\uc0c1 \ud655\ub300 \uac80\ud1a0<\/td>\n<\/tr>\n<tr>\n<td>\uc0c1\uc7a5\ud3d0\uc9c0 \ubaa9\ud45c(\uc62c\ud574)<\/td>\n<td>50\uac1c<\/td>\n<td>150\uac1c \ub0b4\uc678<\/td>\n<\/tr>\n<tr>\n<td>\uacb0\uc81c \uad6c\uc870<\/td>\n<td>T+2<\/td>\n<td>T+1 \uac80\ud1a0\u00b7\ub2e8\ucd95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>\uc704 \ud45c\ub294 \uc81c\uc548\ub41c \uc8fc\uc694 \uc218\uce58\uc640 \ud604\ud589 \uc81c\ub3c4\ub97c \ube44\uad50\ud55c \uac83\uc774\ub2e4. \ucf54\uc2a4\ub2e5 1\ubd80 \uc120\uc815 \uae30\uc900\uacfc \uad6c\uccb4\uc801 \uc804\ud658 \uc808\ucc28\ub294 \ud5a5\ud6c4 \uac70\ub798\uc18c \uc0c1\uc7a5\uaddc\uc815 \uac1c\uc815\uc5d0\uc11c \ud655\uc815\ub420 \uc608\uc815\uc774\uba70, \ucf54\ub125\uc2a4 \ud380\ub4dc \ud655\ub300\ub294 \uc2dc\uc7a5 \ubc18\uc751\uc5d0 \ub530\ub77c \ud0c4\ub825\uc801\uc73c\ub85c \uc9d1\ud589\ub420 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.<\/p>\n<h2>\ubc18\uc751 \ubc0f \uc778\uc6a9<\/h2>\n<p>\uac04\ub2f4\ud68c \uc9c1\ud6c4 \uae08\uc735\uc704\uc6d0\ud68c\uc640 \uac70\ub798\uc18c, \uc77c\ubd80 \uc804\ubb38\uac00\uac00 \uc774\ubc88 \uac1c\ud3b8\uc758 \ud544\uc694\uc131\uc744 \ud658\uc601\ud588\ub2e4. \ub2e4\ub9cc \uc2dc\ud589 \uc138\ubd80\uc548\uacfc \uc2dc\uc7a5 \ucda9\uaca9 \uc644\ud654 \ubc29\uc548\uc5d0 \ub300\ud55c \ucd94\uac00 \uac80\ud1a0 \uc694\uad6c\ub3c4 \ubcd1\ud589\ub418\uace0 \uc788\ub2e4.<\/p>\n<blockquote>\n<p>\uc77c\ubc18 \uc8fc\uc8fc \ubcf4\ud638\uac00 \ub2f9\uc5f0\uc2dc\ub418\ub294 \uc790\ubcf8\uc2dc\uc7a5\uc744 \ub9cc\ub4e4\uaca0\ub2e4.<\/p>\n<p><cite>\uc774\uc5b5\uc6d0 \uae08\uc735\uc704\uc6d0\uc7a5(\uae08\uc735\uc704\uc6d0\ud68c)<\/cite><\/p><\/blockquote>\n<p>\uc774 \ubc1c\uc5b8\uc740 \uc911\ubcf5\uc0c1\uc7a5 \uae08\uc9c0\uc640 \ubaa8\ud68c\uc0ac \uc774\uc0ac\ud68c\uc758 \uc8fc\uc8fc\ucda9\uc2e4\uc758\ubb34 \ubd80\uacfc \ucde8\uc9c0\ub97c \uac04\uacb0\ud788 \uc694\uc57d\ud55c\ub2e4. \uae08\uc735\uc704\uc6d0\ud68c\ub294 \uad00\ub828 \uaddc\uc815\uc744 \ud1b5\ud574 \uc18c\uc561\uc8fc\uc8fc \uad8c\ub9ac\ub97c \uc81c\ub3c4\uc801\uc73c\ub85c \ubcf4\uc7a5\ud558\uaca0\ub2e4\ub294 \uc785\uc7a5\uc774\ub2e4.<\/p>\n<blockquote>\n<p>\uac70\ub798 \uc2dc\uc2a4\ud15c\uc744 \uc815\ub9ac\ud574 \ub9ce\uc740 \uc0ac\ub78c\ub4e4\uc774 \uc790\uc720\ub86d\uac8c \uc2dc\uc7a5\uc5d0 \ucc38\uc5ec\ud558\ub3c4\ub85d \ud558\ub294 \uac8c \uc911\uc694\ud558\ub2e4.<\/p>\n<p><cite>\uc774\uc7ac\uba85 \ub300\ud1b5\ub839(\uccad\uc640\ub300)<\/cite><\/p><\/blockquote>\n<p>\ub300\ud1b5\ub839\uc758 \uc5b8\uae09\uc740 \uacb0\uc81c\uc77c \ub2e8\ucd95 \ub4f1 \uac70\ub798 \ud3b8\uc758\uc131 \uac1c\uc120\uc744 \ud1b5\ud55c \ucc38\uc5ec \ud655\ub300 \uc758\uc9c0\ub97c \ubcf4\uc5ec\uc900\ub2e4. \uac70\ub798\uc18c\ub294 \uacb0\uc81c\uc77c\uc744 \ud558\ub8e8\ub85c \uc55e\ub2f9\uae30\ub294 \ubc29\uc548\uc744 \uac80\ud1a0\ud558\uaca0\ub2e4\uace0 \ud68c\uc2e0\ud588\ub2e4.<\/p>\n<blockquote>\n<p>\ucf54\uc2a4\ub2e5\uc744 \ub450 \uac1c\uc758 \uc138\uadf8\uba3c\ud2b8\ub85c \ub098\ub204\uace0 \uacf5\uc2dc \uc81c\ub3c4\ub3c4 \ud2b9\uc131\uc5d0 \ub9de\uac8c \uc815\ube44\ud558\uaca0\ub2e4.<\/p>\n<p><cite>\uae08\uc735\uc704 \uad00\uacc4\uc790(\ube0c\ub9ac\ud551)<\/cite><\/p><\/blockquote>\n<p>\uae08\uc735\uc704 \uad00\uacc4\uc790\uc758 \uc124\uba85\uc740 \ud504\ub9ac\ubbf8\uc5c4 \uc138\uadf8\uba3c\ud2b8\ub97c \uc911\uc2ec\uc73c\ub85c \uc9c0\uc218\u00b7ETF \uc5f0\uacc4\ub97c \uac15\ud654\ud558\uaca0\ub2e4\ub294 \uc2e4\ubb34 \uacc4\ud68d\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. \uc9c0\uc218 \uac1c\ubc1c\uacfc ETF \ub3c4\uc785\uc740 \uae30\uad00 \ud22c\uc790 \uc720\uc785\uc758 \ud575\uc2ec \uc218\ub2e8\uc73c\ub85c \uc81c\uc2dc\ub410\ub2e4.<\/p>\n<aside>\n<details>\n<summary>\uc6a9\uc5b4\/\ubc29\ubc95\ub860<\/summary>\n<p>\uae30\uc220\ud2b9\ub840\uc0c1\uc7a5\uc740 \uae30\uc5c5\uc758 \uae30\uc220\ub825\uacfc \uc131\uc7a5\uc131\uc744 \uadfc\uac70\ub85c \uc7ac\ubb34\uc694\uac74\uc744 \uc644\ud654\ud574 \uc0c1\uc7a5\uc744 \ud5c8\uc6a9\ud558\ub294 \uc81c\ub3c4\ub2e4. PBR(\uc8fc\uac00\uc21c\uc790\uc0b0\ube44\uc728)\uc740 \uc8fc\uac00\ub97c \uae30\uc5c5\uc758 \uc21c\uc790\uc0b0\uc73c\ub85c \ub098\ub208 \uc9c0\ud45c\ub85c, \ub0ae\uc740 PBR\uc740 \uc790\uc0b0 \ub300\ube44 \uc800\ud3c9\uac00 \uc0c1\ud0dc\ub97c \uc758\ubbf8\ud560 \uc218 \uc788\ub2e4. \ucf54\ub125\uc2a4\ub294 \ucd08\uae30\uae30\uc5c5 \uc804\uc6a9 \uc2dc\uc7a5\uc73c\ub85c, \ud380\ub4dc\u00b7\uc138\uc81c \uc9c0\uc6d0 \ud655\ub300\ub294 \ucd08\uae30\uae30\uc5c5\uc758 \uc790\uae08 \uacf5\uae09\uc744 \uc6d0\ud65c\ud788 \ud558\uae30 \uc704\ud55c \uc815\ucc45 \uc218\ub2e8\uc774\ub2e4. \uc0c1\uc7a5\ud3d0\uc9c0\ub294 \ud22c\uc790\uc790 \ubcf4\ud638\uc640 \uc2dc\uc7a5 \uc2e0\ub8b0 \ud68c\ubcf5\uc744 \uc704\ud574 \uc800\uc131\uacfc\u00b7\ube44\uc815\uc0c1 \uae30\uc5c5\uc744 \uc2dc\uc7a5\uc5d0\uc11c \ud1f4\ucd9c\uc2dc\ud0a4\ub294 \uc808\ucc28\ub97c \ub9d0\ud55c\ub2e4.<\/p>\n<\/details>\n<\/aside>\n<h2>\ubd88\ud655\uc2e4\ud55c \ubd80\ubd84<\/h2>\n<ul>\n<li>\uc911\ubcf5\uc0c1\uc7a5 \uc608\uc678\uc758 \uad6c\uccb4\uc801 \uc2ec\uc0ac \uae30\uc900\uacfc \uc608\uc678 \uc2b9\uc778 \uc808\ucc28\ub294 \uc544\uc9c1 \uacf5\uac1c\ub418\uc9c0 \uc54a\uc544 \uc2e4\uc81c \uc801\uc6a9 \ubc94\uc704\uac00 \ubd88\ud655\uc2e4\ud558\ub2e4.<\/li>\n<li>PBR \ud45c\uc2dc \ubc29\uc2dd\uacfc \uacf5\uac1c \uc2dc\uc810 \ubc0f \uc800PBR \ub9ac\uc2a4\ud2b8\uc758 \ud3c9\uac00 \uae30\uc900\uc774 \uad6c\uccb4\ud654\ub418\uc9c0 \uc54a\uc544 \ud22c\uc790\uc790 \uc2dd\ubcc4 \ud6a8\uc728\uc131\uc740 \ucd94\ud6c4 \ud655\uc778 \ud544\uc694\ud558\ub2e4.<\/li>\n<li>\uacb0\uc81c\uc77c\uc744 T+1\uc73c\ub85c \ub2e8\ucd95\ud558\ub294 \uacfc\uc815\uc5d0\uc11c \ubc1c\uc0dd\ud560 \uc218 \uc788\ub294 \uccad\uc0b0\u00b7\uacb0\uc81c \uc778\ud504\ub77c \ube44\uc6a9\uacfc \ub9ac\uc2a4\ud06c \uad00\ub9ac \ubc29\uc548\uc758 \uc0c1\uc138 \ub0b4\uc6a9\uc740 \uacf5\uac1c\ub418\uc9c0 \uc54a\uc558\ub2e4.<\/li>\n<\/ul>\n<h2>\ucd1d\ud3c9<\/h2>\n<p>\uc774\ubc88 \ubc1c\ud45c\ub294 \uc2dc\uc7a5\uc758 \uad6c\uc870\uc801 \ud63c\uc7ac\ub97c \uc815\ub9ac\ud558\uace0 \ud22c\uc790\uc790 \ubcf4\ud638\ub97c \uac15\ud654\ud558\ub824\ub294 \uc815\ubd80\uc758 \uc758\uc9c0\ub97c \ubcf4\uc5ec\uc900\ub2e4. \ucf54\uc2a4\ub2e5 1\u00b72\ubd80 \ubd84\ub9ac\ub294 \uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5\uc744 \uc120\ubcc4\ud574 \ubc38\ub958\uc5d0\uc774\uc158 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubd80\uc5ec\ud558\uace0 \uae30\uad00 \uc790\uae08\uc744 \uc720\uce58\ud558\ub824\ub294 \uc2e4\ubb34\uc801 \ubc29\uc548\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4. \uadf8\ub7ec\ub098 \uc608\uc678 \uaddc\uc815, \uc2dc\ud589 \uc138\ubd80\uc548, \uccad\uc0b0\u00b7\uacb0\uc81c \uc778\ud504\ub77c \ubcf4\uc644 \ub4f1 \ud604\uc2e4\uc801 \uacfc\uc81c\uac00 \ub0a8\uc544 \uc788\uc5b4 \ud5a5\ud6c4 \uaddc\uc815 \ub9c8\ub828 \uacfc\uc815\uc5d0\uc11c \uc2dc\uc7a5 \ucc38\uc5ec\uc790\uc640\uc758 \ucda9\ubd84\ud55c \ud611\uc758\uac00 \ud544\uc694\ud558\ub2e4.<\/p>\n<p>\ub2e8\uae30\uc801\uc73c\ub85c\ub294 \uc0c1\uc7a5\ud3d0\uc9c0 \ud655\ub300\uc640 \uad6c\uc870\uac1c\ud3b8 \uae30\ub300\uac10\uc774 \uc2dc\uc7a5\uc5d0 \uae0d\uc815\uc801\uc73c\ub85c \ubc18\uc601\ub418\uba70 \uc9c0\uc218 \uc0c1\uc2b9\uc744 \uc774\ub04c\uc5c8\uc9c0\ub9cc, \uc7a5\uae30\uc801 \ud6a8\uacfc\ub294 \uc2dc\ud589 \ubc29\uc2dd\uacfc \uc138\ubd80 \uaddc\uc815\uc5d0 \ub2ec\ub824 \uc788\ub2e4. \ud22c\uc790\uc790\uc640 \uae30\uc5c5 \ubaa8\ub450\uac00 \uc608\uce21 \uac00\ub2a5\ud55c \uaddc\uc81c \ud658\uacbd\uc744 \uc5bb\uc744 \ub54c \uc774\ubc88 \uac1c\ud3b8\uc774 \ubaa9\ud45c\ud55c \ubc14\ub97c \ub2ec\uc131\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n<h3>\ucd9c\ucc98<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.hankyung.com\/article\/2026031805451\" target=\"_blank\" rel=\"noopener\">\ud55c\uad6d\uacbd\uc81c (\uc5b8\ub860)<\/a><\/li>\n<\/ul>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>\ud575\uc2ec \uc694\uc57d \uc774\uc7ac\uba85 \ub300\ud1b5\ub839 \uc8fc\uc7ac\ub85c 3\uc6d4 18\uc77c \uccad\uc640\ub300\uc5d0\uc11c \uc5f4\ub9b0 \uc790\ubcf8\uc2dc\uc7a5 \uac04\ub2f4\ud68c\uc5d0\uc11c \uc774\uc5b5\uc6d0 \uae08\uc735\uc704\uc6d0\uc7a5\uc740 \ubaa8\ud68c\uc0ac\uc640 \uc790\ud68c\uc0ac\uc758 \uc911\ubcf5\uc0c1\uc7a5\uc744 \uc6d0\uce59\uc801\uc73c\ub85c \uae08\uc9c0\ud558\uace0 \ucf54\uc2a4\ub2e5\uc744 1\ubd80(\uc6b0\ub7c9 \ud601\uc2e0\uae30\uc5c5)\uc640 2\ubd80(\uc2a4\ucf00\uc77c\uc5c5 \uae30\uc5c5)\ub85c \ubd84\ub9ac\u00b7\uc6b4\uc601\ud558\uaca0\ub2e4\uace0 \ubcf4\uace0\ud588\ub2e4. \ucf54\uc2a4\ub2e5 1\ubd80\ub294 \ucd5c\ub300 170\uac1c\ub85c \uc120\ubcc4\ud558\uace0, \uc800PBR \uae30\uc5c5 \ub9ac\uc2a4\ud2b8 \uacf5\uac1c\u00b7\uc885\ubaa9 \ud45c\uc2dc, \uc0c1\uc7a5\ud3d0\uc9c0 \ub300\uc0c1 \ud655\ub300(\uc62c\ud574 50\uac1c\u2192150\uac1c \ub0b4\uc678)\uc640 \uacb0\uc81c\uc77c \ub2e8\ucd95(T+2\u2192T+1) \ub4f1 \uc81c\ub3c4 \uac1c\uc120\uc774 \ub17c\uc758\ub410\ub2e4. \uc774\ub0a0 \ucf54\uc2a4\ud53c\uc9c0\uc218\ub294 5.04% \uc624\ub978 5925.03\uc73c\ub85c \ub9c8\uac10\ud588\uace0 \uae30\uad00\ud22c\uc790\uac00\uac00 3\uc870192\uc5b5\uc6d0 \uc21c\ub9e4\uc218\ud588\ub2e4. &#8230; <a title=\"\uc911\ubcf5\uc0c1\uc7a5 \uc6d0\uce59\uc801 \uae08\uc9c0\u2026\ucf54\uc2a4\ub2e5 1\u00b72\ubd80 \uccb4\uacc4\ub85c \uac1c\ud3b8\" class=\"read-more\" href=\"https:\/\/readtrends.com\/ko\/no-duplicate-listing-kosdaq\/\" aria-label=\"\uc911\ubcf5\uc0c1\uc7a5 \uc6d0\uce59\uc801 \uae08\uc9c0\u2026\ucf54\uc2a4\ub2e5 1\u00b72\ubd80 \uccb4\uacc4\ub85c \uac1c\ud3b8\uc5d0 \ub300\ud574 \ub354 \uc790\uc138\ud788 \uc54c\uc544\ubcf4\uc138\uc694\">\ub354 \uc77d\uae30<\/a><\/p>\n","protected":false},"author":1,"featured_media":10436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"\uc911\ubcf5\uc0c1\uc7a5 \uc6d0\uce59\uc801 \uae08\uc9c0\u2026\ucf54\uc2a4\ub2e5 1\u00b72\ubd80 \uccb4\uacc4\ub85c \uac1c\ud3b8 - \ub514\ub274\uc2a4","rank_math_description":"\uc815\ubd80\ub294 \ubaa8\ud68c\uc0ac\u00b7\uc790\ud68c\uc0ac \uc911\ubcf5\uc0c1\uc7a5\uc744 \uc6d0\uce59 \uae08\uc9c0\ud558\uace0 \ucf54\uc2a4\ub2e5\uc744 1\u00b72\ubd80\ub85c \uc7ac\ud3b8\ud55c\ub2e4. \uc800PBR \uacf5\uac1c\u00b7\uc0c1\uc7a5\ud3d0\uc9c0 \ud655\ub300\u00b7\uacb0\uc81c\uc77c \ub2e8\ucd95 \ub4f1 \uc8fc\uc694 \ub0b4\uc6a9\uacfc \uc2dc\uc7a5 \uc601\ud5a5\uc744 \ud55c\ub208\uc5d0 \uc815\ub9ac\ud569\ub2c8\ub2e4.","rank_math_focus_keyword":"\uc911\ubcf5\uc0c1\uc7a5,\ucf54\uc2a4\ub2e5,\uc0c1\uc7a5\ud3d0\uc9c0,PBR,\uacb0\uc81c\uc77c","footnotes":""},"categories":[2],"tags":[],"class_list":["post-10443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-stories"],"_links":{"self":[{"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/posts\/10443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/comments?post=10443"}],"version-history":[{"count":0,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/posts\/10443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/media\/10436"}],"wp:attachment":[{"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/media?parent=10443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/categories?post=10443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/readtrends.com\/ko\/wp-json\/wp\/v2\/tags?post=10443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}