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EDM2

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

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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  • Market cap
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About

The ETF with the symbol EDM2.XETRA refers to the Xtrackers Emerging Markets Government Bond UCITS ETF 1D. This ETF tracks the performance of the JP Morgan GBI-EM Global Diversified 1-10 Year Index, which measures the performance of local currency government bonds from emerging market countries with maturities between 1 and 10 years. The ETF is designed to provide investors with exposure to the emerging market government bond market in a diversified manner. It is listed on the XETRA exchange, which is part of the Deutsche Börse. The "1D" in the name indicates that it is a distributing ETF, meaning it distributes income to investors, as opposed to accumulating ETFs that reinvest income.
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Factors

Underlying Index Performance: EDM2.XETRA's price mirrors the performance of the index it tracks. A rising index generally lifts the ETF's price, while a falling index pressures it lower. Supply and Demand: Increased demand for EDM2.XETRA relative to its supply pushes its price upward. Conversely, greater supply than demand causes the price to decline. Net Asset Value (NAV): The NAV, representing the total value of EDM2.XETRA's holdings minus liabilities, significantly impacts its price. The market price usually stays close to the NAV.

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