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EUN4

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Analysis and statistics

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About

EUN4.XETRA is the ticker symbol for an Exchange Traded Fund (ETF) called the iShares Core EUR Government Bond UCITS ETF. This ETF is listed on the XETRA exchange (Frankfurt Stock Exchange) and tracks the performance of Euro-denominated government bonds. The "UCITS" designation indicates that the fund is compliant with the Undertakings for Collective Investment in Transferable Securities Directive, a European Union regulation that standardizes the management and sale of investment funds across Europe.
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Factors

Underlying Index Performance: EUN4.XETRA tracks the MSCI USA SRI index, so its price heavily depends on the performance of the companies within that index.

Supply and Demand: Like any ETF, the balance between buying and selling pressure impacts its price. High demand pushes prices up; high selling pressure pushes them down.

Expense Ratio: While not directly affecting daily price fluctuations, the fund's expense ratio reduces returns over time, impacting its long-term value relative to the index.

Currency Fluctuations: As a Euro-denominated ETF holding US equities, changes in the EUR/USD exchange rate will affect the ETF's price in Euros.

Market Sentiment: Overall investor optimism or pessimism regarding the US stock market and SRI (Socially Responsible Investing) can impact demand for EUN4.XETRA.

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