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EMIG

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1d
1w
1m

Analysis and statistics

  • Open
    11.7484$
  • Previous Close
    11.8164$
  • 52 Week Change
    --
  • Day Range
    -0.07$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EMIG.XETRA represents an exchange-traded fund (ETF) that tracks the performance of emerging market government bonds denominated in local currencies. Investors use this ETF to gain diversified exposure to the debt of developing nations without directly purchasing individual bonds, mitigating risks associated with single issuers. The ETF typically aims to replicate an index representing the target bond market, providing a liquid and accessible way to invest in this asset class. Performance of the EMIG.XETRA ETF is influenced by factors such as local interest rate movements, currency fluctuations, and the creditworthiness of the underlying emerging market governments.

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Factors

Underlying Index Performance: The primary driver is the performance of the underlying MSCI Emerging Markets Index, which EMIG tracks.

Supply and Demand: Increased demand for EMIG shares can push its price up, while increased selling pressure can lower it.

Expense Ratio: EMIG's expense ratio, while relatively low, slightly reduces returns compared to the index's gross performance.

Currency Fluctuations: Since EMIG holds assets in emerging markets, currency fluctuations can impact its price when converted back to Euro.

Market Sentiment: Overall investor sentiment towards emerging markets can influence EMIG's price, independent of fundamental factors.

Tracking Error: EMIG's price may deviate slightly from the index due to factors like fund expenses and sampling techniques.

Trading Volume & Liquidity: Higher trading volume generally leads to tighter bid-ask spreads and better price discovery for EMIG.

Geopolitical Risk: Events like political instability or trade wars in emerging markets can negatively affect EMIG's price.

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