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FDN

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Analysis and statistics

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About

FDN.MU represents the shares of First Trust Dow Jones Internet ETF traded on the Munich Stock Exchange (Deutsche Börse München). This ETF aims to track the investment results of an index composed of the 40 largest and most actively traded internet companies in the United States. Therefore, FDN.MU allows investors to gain exposure to the internet sector through a single, diversified investment traded on the Munich Stock Exchange.

Factors

Global Economic Health: Economic downturns reduce advertising spending, affecting online ad revenue for FDN.MU's holdings. Conversely, strong economies boost ad spending. Interest Rate Changes: Higher interest rates can decrease the attractiveness of growth stocks, negatively impacting FDN.MU's value, while lower rates can increase it. Investor Sentiment: Positive investor sentiment towards tech and growth stocks increases demand for FDN.MU, pushing its price up. Negative sentiment can lead to price declines. Performance of Underlying Holdings: The collective performance of companies within the FDN.MU ETF, like internet giants, directly influences the ETF's price. Strong performance drives up the price. ETF Supply and Demand: Increased demand for FDN.MU shares relative to supply will raise its price. Higher supply than demand will lower the price.

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