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ES0176943001

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Analysis and statistics

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About

ES0176943001.EUFUND is the ISIN code for a financial product, specifically a fund registered in Spain. This fund is likely an actively managed or passively tracked investment vehicle that pools money from multiple investors to purchase a portfolio of assets, such as stocks, bonds, or other financial instruments, based on a defined investment strategy. The EUFUND designation suggests it adheres to certain European Union regulatory standards for investment funds.
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Factors

Underlying Asset Performance: The fund's price directly correlates with the performance of its underlying investments.

Market Sentiment: Overall investor confidence and market trends influence demand and therefore, the fund's price.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and GDP growth impact asset valuations.

Currency Fluctuations: For funds investing in foreign assets, exchange rate changes affect returns.

Fund Management Decisions: The fund manager's investment strategy and stock picking skills impact performance.

Expense Ratio: Higher fees charged by the fund reduce net returns and affect the fund's attractiveness.

Supply and Demand: Imbalances between buying and selling pressure influence the fund's market price.

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