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CFIETFGE

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1d
1w
1m

Analysis and statistics

  • Open
    2890.8133$
  • Previous Close
    2884.4328$
  • 52 Week Change
    --
  • Day Range
    6.38$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CFIETFGE.SN represents an exchange-traded fund (ETF) issued by China Foreign Economy and Trade Trust (CFE Trust). It's traded on the Shanghai Stock Exchange. This ETF primarily invests in government-issued Chinese local government bonds, providing investors with exposure to this specific segment of China's fixed income market. The fund seeks to track the performance of a benchmark index composed of these bonds, offering a relatively liquid and accessible means for investors to participate in the local government bond market.
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Factors

Underlying Asset Performance: The price of the ETF is directly influenced by the performance of the underlying securities it holds. If the securities go up, the ETF price tends to increase.

Supply and Demand: Increased demand for the ETF typically drives its price higher, while increased supply or selling pressure can lead to a price decrease.

Expense Ratio and Management Fees: The fees charged by the ETF's management company can impact its overall value and therefore its price. Higher fees can reduce returns.

Market Sentiment: Broad market sentiment and investor confidence can significantly influence the demand for and thus the price of the ETF. Positive sentiment increases prices.

Index Tracking Accuracy: How closely the ETF tracks its benchmark index will affect its price. Tracking errors can cause discrepancies between the ETF's price and the index.

Foreign Exchange Rates: Given that CFIETFGE.SN likely holds foreign assets, fluctuations in exchange rates between the local currency and the currencies of the underlying assets will impact its price.

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