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ELFA

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Analysis and statistics

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About

ELFA.F represents shares of Elfa International AB traded on the Frankfurt Stock Exchange. Elfa International AB is a Swedish company specializing in space-saving storage solutions for homes, offering shelving systems, sliding doors, and other related products. Investors can trade ELFA.F on the Frankfurt Stock Exchange, enabling participation in Elfa International AB's performance and potential growth, subject to the risks and rewards associated with investing in equities. The "F" designation indicates that it is traded on the Frankfurt Stock Exchange.

Factors

Estonian Large Firms' performance: The underlying index tracks the performance of the largest companies listed in Estonia. Their financial health and growth prospects directly impact ELFA.F's NAV.

Investor Sentiment: Market optimism or pessimism toward the Estonian economy or Baltic region affects demand for ELFA.F, influencing its market price.

Interest Rates: Changes in interest rates, particularly in Estonia or the Eurozone, can influence investor decisions and the attractiveness of ELFA.F relative to fixed-income alternatives.

Currency Fluctuations: The value of the Euro (EUR) relative to other currencies impacts the returns for non-Euro based investors, affecting demand and price.

Supply and Demand: Basic market forces dictate price. High demand pushes the price up, while increased selling pressure lowers it.

Economic Growth: Overall economic conditions in Estonia and the broader Baltic region have a significant impact on the performance of the companies within the ETF.

Geopolitical Risks: Events impacting the Baltic region, such as political instability or international conflicts, can affect investor confidence and ELFA.F's price.

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