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6TVM

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Analysis and statistics

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About

6TVM.F represents shares of Allianz Global Artificial Intelligence UCITS ETF, traded on the Frankfurt Stock Exchange. This Exchange Traded Fund (ETF) aims to replicate the performance of the Solactive Global Artificial Intelligence Index NTR, which tracks companies globally that are involved in the development or utilization of artificial intelligence and related technologies. The ETF provides investors with exposure to a basket of companies across various sectors potentially benefiting from the growth of AI.

Factors

Fund NAV: 6TVM.F's price closely tracks its net asset value. Significant deviations can occur but are often corrected.

Supply and Demand: Investor buying and selling pressure influences the ETF's market price. High demand drives prices up, while increased selling pushes them down.

Index Performance: 6TVM.F aims to mirror its underlying index's performance. Changes in the index holdings' values directly impact the ETF's price.

Market Sentiment: Overall market optimism or pessimism affects investor appetite for ETFs, influencing 6TVM.F's price regardless of its index.

Expense Ratio: While not a direct price driver, a high expense ratio can make 6TVM.F less attractive compared to similar lower-cost ETFs.

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