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00694B

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1m

Analysis and statistics

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About

00694B.TWO is the symbol for Yuanta US High Yield Bond ETF, a passively managed exchange-traded fund (ETF) listed on the Taiwan Stock Exchange (TWSE). This ETF aims to track the performance of the Bloomberg Barclays US High Yield Very Liquid Index. It provides investors with exposure to a portfolio of USD-denominated high-yield corporate bonds issued in the US market, offering potential for higher yields compared to investment-grade bonds but also entailing greater credit risk.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the securities it holds. If the underlying assets rise, the ETF's price tends to increase, and vice-versa. Supply and Demand: Market forces of supply and demand for the ETF shares themselves also impact price. Higher demand generally pushes the price upward, while increased supply can lower it. Index Tracking: 00694B.TWO seeks to replicate a specific index. How closely it achieves this impacts its value, and deviations can create tracking error, affecting price. Management Fees: The ETF's expense ratio, charged to cover management, admin costs, etc., indirectly affects the ETF's performance, thus also affecting the price. Market Sentiment: General investor optimism or pessimism towards the specific sector, region, or asset class the ETF targets influences buying and selling pressure, which impacts the price.

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