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GB0007667669

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1d
1w
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Analysis and statistics

  • Open
    904.5858$
  • Previous Close
    904.5858$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB0007667669.EUFUND refers to the Legal & General European Index Trust, a passively managed unit trust which aims to track the performance of the FTSE Developed Europe ex UK Index. It invests primarily in a portfolio of European (excluding UK) equities that closely mirrors the index. The objective is to provide a return that is consistent with the market performance of European equities while keeping costs relatively low.
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Factors

Investment Performance: The fund's gains or losses directly impact its Net Asset Value (NAV), which determines its price. Positive performance raises the price; negative performance lowers it.

Market Conditions: Broader market trends, such as economic growth or recessions, and investor sentiment influence the overall demand and supply for the fund, thus impacting its price.

Expense Ratio: The fund's operating expenses (management fees, administrative costs) reduce the overall return, indirectly affecting the price compared to similar funds with lower expenses.

Fund Flows: Large inflows of money into the fund can temporarily increase demand and potentially the price, while outflows can decrease demand and price.

Underlying Asset Performance: The performance of the assets (stocks, bonds, etc.) held within the fund is a primary driver of its price. Poor performance of holdings leads to price decreases.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate movements can impact the fund's value and price when translated back to the base currency.

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