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ES0137626000

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--%
1d
1w
1m

Analysis and statistics

  • Open
    10.0531$
  • Previous Close
    10.0531$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ES0137626000.EUFUND refers to a Spanish domiciled investment fund, specifically a European equity fund managed by CaixaBank Asset Management SGIIC, S.A. The fund aims to provide investors with capital appreciation by investing primarily in stocks of companies based in Europe. Returns may fluctuate based on market conditions and specific stock performance within the European equity market.
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Factors

Underlying Assets' Performance: The fund's price heavily relies on the performance of the assets it holds, primarily bonds. Positive returns from these bonds generally increase the fund's price.

Interest Rate Changes: Bond prices are inversely related to interest rates. Rising interest rates usually decrease the fund's net asset value and thus its price.

Credit Risk Assessment: Changes in the perceived creditworthiness of the bond issuers affect their bond prices, influencing the fund's price. Downgrades can lead to price declines.

Inflation Expectations: Higher inflation erodes the real value of fixed income securities. Increased inflation expectations often lead to lower bond prices and reduced fund value.

Market Sentiment: General investor confidence and risk appetite influence demand for bond funds. Positive sentiment can increase demand and thus the fund's price.

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