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EFF

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

Analysis and statistics

  • Open
    0.5049$
  • Previous Close
    0.5049$
  • 52 Week Change
    0.35$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.224$ - 0.575$
  • Dividend Per Share
    --
  • Market cap
    29 648 K$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EFF.MU is the financial product symbol for the iShares Core MSCI Europe UCITS ETF USD (Acc). It represents an exchange-traded fund (ETF) that tracks the performance of the MSCI Europe Index. This fund offers investors exposure to a broad range of companies across developed European markets, aiming to replicate the index's returns while charging a low expense ratio. The "MU" likely indicates the listing exchange, which could be the Munich Stock Exchange.
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Factors

Global Market Trends: Broad market sentiment impacts investor appetite for ETFs, including EFF.MU. Positive economic news generally boosts prices.

Underlying Asset Performance: EFF.MU tracks the performance of specific German stocks. Their collective price movements directly influence the ETF's value.

Interest Rate Changes: Higher interest rates can make bonds more attractive, potentially reducing demand for equities like those held by EFF.MU.

Currency Exchange Rates: As EFF.MU holds German assets, Euro to USD exchange rate fluctuations affect its USD-denominated price.

Investor Demand: High demand increases the ETF's price due to limited supply. Redemptions can lead to price decreases.

ETF Management Fees: Although not directly impacting price day to day, higher expense ratios can make EFF.MU less attractive long term, indirectly affecting demand.

Geopolitical Events: Major political or economic events in Germany or globally can create uncertainty, affecting market sentiment and EFF.MU's price.

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