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GB0006262686

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1d
1w
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Analysis and statistics

  • Open
    40.2579$
  • Previous Close
    40.2579$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB0006262686.EUFUND is the SEDOL code for the M&G Global Basics Fund - Class A GBP Accumulation. This fund primarily invests in the shares of companies involved in basic industries like energy, metals, and agriculture, aiming for long-term capital growth. It is denominated in British pounds and accumulates income, meaning dividends are reinvested within the fund rather than distributed to investors.
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Factors

Fund Performance: Historical returns and relative performance against its benchmark directly impact investor demand, thus affecting the price.

Market Conditions: Overall market sentiment, economic indicators, and sector-specific trends influence investor confidence and trading activity, impacting the fund's Net Asset Value (NAV).

Interest Rates: Changes in interest rates affect bond yields and potentially the attractiveness of the fund compared to other investments, impacting fund flows and price.

Currency Fluctuations: As a European fund, currency fluctuations, especially between GBP and EUR, can impact the fund's returns when viewed in GBP.

Fund Flows: Significant inflows increase demand, potentially raising the price. Conversely, outflows can lead to selling pressure, lowering the price.

Management Fees & Expenses: Higher fees can erode returns, making the fund less attractive, potentially affecting its price in the long run.

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