Korea Exchange (KRX) has launched the Kospi 200 Intrinsic Value Index, a new benchmark designed to capture higher weightings of the stocks with high intrinsic values in the Kospi 200 index. The new index is calculated through weighting the estimated intrinsic value which is a function of the current book value and the future growth rate. It has specifically excluded constituents from the Kospi 200 index universe that are ranked among the top 30% in terms of market beta. “By excluding highly vo