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28IY

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Analysis and statistics

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About

28IY.XETRA refers to the iShares MSCI World SRI UCITS ETF, an exchange-traded fund that seeks to track the investment results of an index composed of developed market equities that have been screened for environmental, social and governance (ESG) factors. Specifically, it focuses on companies with outstanding environmental, social and governance ratings while also excluding companies involved in certain controversial business activities. This ETF provides investors with a way to invest in a broad range of global companies that meet specific sustainability criteria.
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Factors

Under 1200 characters is desired. Underlying Asset Performance: The price of 28IY.XETRA is heavily influenced by the performance of the underlying companies in the STOXX Europe 600 Optimised Banks index.

Supply and Demand: Market demand for 28IY.XETRA shares, relative to the available supply, directly impacts its price.

Investor Sentiment: Overall investor confidence in the banking sector and European markets affects ETF demand.

Index Changes: Adjustments to the STOXX Europe 600 Optimised Banks index can cause the ETF price to fluctuate.

Currency Fluctuations: As a Euro-denominated ETF holding European assets, currency exchange rates can affect returns.

Expense Ratio: Although not directly, the ETF's expense ratio can indirectly impact its attractiveness to investors, influencing demand.

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