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BSRID

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Analysis and statistics

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About

BSRID.PA represents the Euronext Paris-listed shares of Believe, a digital music company that provides solutions for independent artists and labels to grow their audience and revenues in the digital world. Believe offers distribution, marketing, and other services to help artists manage their careers and connect with fans globally. The company operates through various brands and has a significant presence in both emerging and established music markets. Its performance is influenced by trends in the music industry, digital streaming growth, and its ability to attract and retain artists on its platform.
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Factors

Underlying Asset Performance: The performance of the companies included in the Solactive Sustainable Development Goals Impact Basket TR index, which BSRID.PA tracks, directly impacts its price.

Supply and Demand: General market sentiment and investor demand for sustainable investments influence the ETF's price.

Expense Ratio: The ETF's expense ratio slightly impacts returns, effectively reducing the fund's NAV, impacting its price.

Currency Exchange Rates: As the ETF may hold international assets, currency fluctuations between the Euro and other currencies affect returns and thus price.

Interest Rates: Broad economic factors like interest rate changes impact market valuations which influence ETF prices.

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