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EL48

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Analysis and statistics

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About

EL48.MU is the financial product symbol for the Amundi Index MSCI Emerging Markets UCITS ETF DR, which is an exchange-traded fund (ETF) that aims to track the performance of the MSCI Emerging Markets Index. This ETF provides investors with exposure to a broad range of companies located in emerging market countries. It's listed on the Munich Stock Exchange (MU).

Factors

EL48.MU's price reflects several factors: Underlying Index Performance: The ETF tracks an index; index performance directly impacts its price.

Supply and Demand: High demand pushes the price up; increased selling pressure lowers it.

Net Asset Value (NAV): The ETF's market price fluctuates around its NAV, reflecting the value of holdings.

Expense Ratio: The ETF's operating costs, though small, can influence long-term returns and thus, price.

Market Sentiment: Overall investor optimism or pessimism regarding the market segment affects ETF prices.

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