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GB0002136264

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Analysis and statistics

  • Open
    2.48$
  • Previous Close
    2.48$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

GB0002136264 is the SEDOL code for the Fidelity Index US Fund P Accumulation GBP, a passively managed fund offered by Fidelity. It aims to track the performance of the S&P 500 Index by investing in a diversified portfolio of US stocks that mirror the index's composition and weighting. The "P Accumulation GBP" designation indicates that it's the accumulation share class denominated in British Pounds, meaning dividends are reinvested back into the fund rather than being distributed to investors. It is available for purchase in the UK and other European markets where Fidelity offers its funds. Prospective investors should review the fund's prospectus for detailed information on investment objectives, strategies, fees, and risks.
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Factors

Underlying Assets Performance: EUFUND's price mirrors its investments. Strong performance in those holdings pushes the fund's price up.

Market Sentiment: Investor optimism or pessimism towards European markets influences fund demand and therefore its price.

Interest Rates: Changes in interest rates, particularly in the Eurozone, impact company valuations within the fund.

Currency Fluctuations: Currency exchange rates, particularly the Euro, affect the value of underlying Eurozone assets.

Economic Data: Eurozone economic growth, inflation, and employment data affect the outlook for companies in the fund.

Fund Flows: Large inflows boost price; outflows may lower it, especially if the fund must sell assets to meet redemptions.

Fund Management Fees: These fees indirectly affect price by reducing overall returns and potentially deterring investors.

Political Risk: Political instability or major policy changes in Europe can create uncertainty and negatively impact the fund.

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