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ACUG

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1d
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1m

Analysis and statistics

  • Open
    49.7867$
  • Previous Close
    49.7732$
  • 52 Week Change
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  • Day Range
    0.01$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

ACUG.XETRA refers to the Amundi Index MSCI China UCITS ETF DR, traded on the XETRA exchange (Deutsche Börse). This ETF aims to replicate the performance of the MSCI China Index, offering investors exposure to a broad range of large and mid-cap Chinese companies listed on mainland China exchanges and accessible to international investors. The ETF is domiciled in Luxembourg and uses a direct replication strategy, meaning it holds the underlying securities of the index. It is designed to be a cost-effective and efficient way to gain exposure to the Chinese equity market.
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Factors

Underlying Asset Performance: ACUG.XETRA tracks the Solactive Global Copper Miners Total Return Index. The price is heavily influenced by the performance of copper mining companies included in this index. Higher copper prices and improved company performance typically increase the ETF's value.

Supply and Demand: Like all ETFs, ACUG.XETRA's price is affected by supply and demand in the market. High demand relative to supply can drive the price up, while increased selling pressure can lower it.

Copper Prices: Copper price fluctuations significantly impact ACUG.XETRA, as copper mining companies' profitability is directly tied to it. Higher copper prices lead to higher profits, potentially boosting the ETF's value.

Market Sentiment: Overall investor sentiment toward the copper mining sector and global economic outlook influences ACUG.XETRA. Positive sentiment and growth expectations can lead to increased investment in the ETF.

Expense Ratio and Tracking Error: The expense ratio, representing the ETF's operating costs, can slightly affect its returns. Tracking error, the difference between the ETF's performance and the index it tracks, can also influence the ETF's price relative to its underlying holdings.

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