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FTGE

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1d
1w
1m

Analysis and statistics

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About

FTGE.XETRA refers to First Trust Global Equity Income UCITS ETF, an exchange-traded fund (ETF) listed on the XETRA exchange (Deutsche Börse). This ETF aims to provide investors with income and capital appreciation by investing in a globally diversified portfolio of dividend-paying stocks. It follows a rules-based methodology, selecting companies based on factors such as dividend yield, dividend growth, and payout ratio, while also considering diversification across sectors and regions. Investors can use this ETF to gain exposure to a basket of international equities that generate income, potentially diversifying their overall investment portfolios and accessing dividend streams from various global markets.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the gold mining companies it holds.

Supply and Demand: High demand pushes the price up, while increased selling pressure lowers it.

Expense Ratio: While not directly impacting price, a high expense ratio can erode returns over time, making it less attractive.

Market Sentiment: Overall investor confidence and risk appetite influence gold and gold mining stocks.

Economic Conditions: Inflation, interest rates, and economic growth can affect investor interest in gold as a hedge.

Geopolitical Events: Political instability can drive investors to safe-haven assets like gold and gold miners.

Currency Fluctuations: Changes in the Euro (since it's XETRA listed) relative to the currencies where underlying companies operate affect profitability.

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