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GB0003878559

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Analysis and statistics

  • Open
    44.1495$
  • Previous Close
    44.1495$
  • 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
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GB0003878559.EUFUND refers to the Legal & General European Index Trust. This is a passively managed index tracking fund that aims to replicate the performance of the FTSE Developed Europe ex UK Index, before deduction of charges. The fund invests primarily in equities of companies included in the index and seeks to provide capital growth. It's designed for investors seeking broad exposure to the European equity market (excluding the UK) through a low-cost index tracking investment.
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Factors

Fund Performance: Past and present returns significantly influence investor demand, affecting the fund's price. Strong performance typically attracts more investment.

Market Conditions: Overall economic health, industry trends, and investor sentiment in the European market directly impact the value of the fund's holdings, influencing its price.

Fund Management: Decisions made by the fund managers, including asset allocation, stock selection, and risk management strategies, play a crucial role in the fund's performance and price.

Expenses and Fees: Management fees, operating expenses, and any other fees charged by the fund reduce overall returns and can indirectly affect the fund's attractiveness and price.

Interest Rates: Changes in interest rates, especially those set by the European Central Bank, can impact the valuation of fixed-income securities held by the fund, influencing its overall price.

Currency Fluctuations: Exchange rate movements between the fund's base currency and the currencies of the underlying assets can affect the fund's value and, consequently, its price.

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