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ES0114122031

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Analysis and statistics

  • Open
    615.014$
  • Previous Close
    615.014$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
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  • Beta
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  • Volume
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About

ES0114122031 is the ISIN (International Securities Identification Number) for a specific financial product. In this instance, it refers to a fund. Specifically, ES0114122031 is the ISIN of Renta 4 Monetario, a money market fund managed by Renta 4 Gestora, S.A. SGIIC, a Spanish asset management company. The ".EUFUND" part is not a standard suffix for ISINs; it likely serves as a label or identifier within a particular database or system to further classify it as a fund available for distribution or sale within the European Union. The fund primarily invests in short-term, low-risk debt instruments and aims to provide investors with a return comparable to money market rates.
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Factors

Underlying Asset Performance: The fund's price is directly linked to the performance of its underlying assets. Positive performance drives the price up, while negative performance pulls it down. Market Sentiment: Overall market optimism or pessimism impacts fund valuations. Positive sentiment increases demand and price, while fear decreases it. Economic Conditions: Economic factors like inflation, interest rates, and GDP growth influence the performance of assets held by the fund, thus impacting the price. Fund Management Expertise: The fund manager's skill in selecting and managing investments plays a crucial role in generating returns and maintaining the fund's price. Fund Flows: Large inflows into the fund can increase its price, while significant outflows can lead to downward pressure on the price. Expense Ratio: The fees charged by the fund impact the net return to investors. Lower expenses can support a higher price compared to similar funds with higher fees. Regulatory Changes: Changes in regulations affecting the financial markets or specific investment sectors held by the fund can affect its performance and therefore its price.

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