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ES0143604009

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1d
1w
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Analysis and statistics

  • Open
    10.91$
  • Previous Close
    10.91$
  • 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
    --
  • Beta
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  • Volume
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About

ES0143604009.EUFUND represents a European-domiciled mutual fund. More specifically, it corresponds to Renta 4 Monetario FI, a fund managed by Renta 4 Gestora SGIIC SAU. The fund's investment objective typically centers on providing capital preservation and liquidity by investing primarily in short-term, fixed-income securities and money market instruments denominated in Euros. Its performance will be sensitive to fluctuations in interest rates and credit spreads within the Eurozone money markets.
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Factors

Fund Performance: Past returns, relative to benchmark and peers, influence investor demand. Strong performance typically leads to higher prices.

Market Conditions: Broader economic trends, investor sentiment, and overall market performance impact fund valuation. Bull markets often boost prices.

Fund Holdings: The underlying assets held in the fund and their individual performance directly affect the fund's net asset value (NAV), and thus, its price.

Management Expertise: The skills and track record of the fund manager and their team influence investor confidence and fund performance.

Fees and Expenses: High expense ratios can detract from returns and negatively affect investor demand, potentially impacting the fund's price.

Fund Size: AUM(Assets Under Management) changes are important. Significant inflows can increase buying pressure, while outflows can trigger selling pressure.

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