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APX

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Analysis and statistics

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About

The financial product symbol APX.PA refers to the Amundi Index MSCI Pacific ex Japan UCITS ETF DR. This ETF aims to replicate the performance of the MSCI Pacific ex Japan Index, which tracks the equity market performance of developed markets in the Pacific region, excluding Japan. It provides investors with exposure to a diversified basket of stocks from countries like Australia, Hong Kong, and Singapore, allowing them to participate in the growth potential of these economies while excluding the Japanese market. The ETF is domiciled in France and listed on the Euronext Paris stock exchange.
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Factors

Underlying Asset Performance: The primary driver is the performance of assets within the ETF's portfolio. Rising asset values increase the ETF's Net Asset Value (NAV).

Supply and Demand: High demand pushes the price up, while increased selling pressure leads to price declines. Market sentiment significantly influences this.

Expense Ratio & Management Fees: Higher fees can negatively impact returns and, consequently, the attractiveness and price of the ETF.

Tracking Error: The difference between the ETF's performance and its benchmark index. Larger errors can erode investor confidence.

Currency Fluctuations: For ETFs holding international assets, exchange rate changes between the Euro and other currencies will impact price.

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