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AUGW

$--
--%
1d
1w
1m

Analysis and statistics

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About

AUGW.US refers to the Amplify BlueStar Israel Technology ETF. It is an exchange-traded fund that aims to track the performance of the BlueStar Israel Global Technology Index, providing investors with exposure to Israeli technology companies listed globally.
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Factors

Physical Gold Price: AUGW tracks gold prices, so fluctuations in the spot price of gold directly impact its value. Global economic conditions, inflation expectations, and geopolitical events drive gold prices.

Supply and Demand for AUGW: Increased demand for AUGW, as investors seek gold exposure, raises its price. Conversely, higher selling pressure decreases the price.

Expense Ratio and Management Fees: AUGW's operating costs, including expense ratios and management fees, reduce returns, impacting the overall price relative to underlying gold.

Currency Exchange Rates: As gold is often priced in USD, fluctuations in the USD exchange rate against other currencies affect the price for international investors.

Interest Rates: Rising interest rates typically decrease gold's appeal (as it doesn't pay interest), potentially lowering AUGW's price. Lower rates can increase gold demand.

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