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0829EA

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 0829EA.KLSE refers to the TradePlus Shariah Gold Tracker, which is listed on the Bursa Malaysia (KLSE). This ETF provides investors with a way to gain exposure to the performance of gold prices while adhering to Shariah investment principles. It essentially aims to replicate the price movements of physical gold by tracking a corresponding index, offering a convenient and potentially cost-effective alternative to directly purchasing and storing physical gold for investors seeking to diversify their portfolios or hedge against inflation.
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Factors

Underlying Asset Performance: The ETF price closely mirrors the performance of the underlying assets it tracks, primarily bonds in this case.

Interest Rate Changes: Rising interest rates typically decrease bond values, impacting the ETF's Net Asset Value (NAV).

Credit Risk: Changes in the creditworthiness of the bond issuers within the ETF portfolio will affect prices.

Supply and Demand: Market demand for the ETF and the available supply influence its trading price on Bursa Malaysia.

Economic Conditions: Overall economic factors like inflation and growth can influence bond yields and ETF pricing.

Fund Management Fees: The ETF's expense ratio can subtly affect returns and investor perception.

Liquidity: Higher trading volume usually leads to tighter bid-ask spreads and potentially better pricing for investors.

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