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GB00B02Y7H58

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Analysis and statistics

  • Open
    252.3285$
  • Previous Close
    252.3285$
  • 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

GB00B02Y7H58.EUFUND refers to the iShares Core FTSE 100 UCITS ETF GBP (Dist), an exchange-traded fund (ETF) domiciled in Ireland and managed by BlackRock Asset Management Ireland Limited. This ETF aims to replicate the performance of the FTSE 100 Index, a market-capitalization weighted index representing the performance of the 100 largest UK-listed companies. It is listed on the London Stock Exchange (LSE) and trades in British Pounds (GBP). The "Dist" designation indicates that the fund distributes income to investors, rather than reinvesting it. The ETF is designed to provide investors with broad exposure to the UK equity market through a single, cost-effective investment vehicle.
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Factors

Underlying Asset Performance: EUFUND tracks an index; its price largely reflects the performance of the index's constituent assets, primarily European stocks.

Market Sentiment: General investor optimism or pessimism regarding European markets influences demand and, therefore, EUFUND's price.

Currency Fluctuations: Changes in the exchange rate between the fund's base currency (GBP) and the currencies of the underlying European assets impact returns.

Supply and Demand: Increased buying pressure drives the price up, while increased selling pressure pushes it down.

Management Fees and Expenses: The fund's expense ratio detracts from returns, effectively reducing the price compared to an identical, fee-free fund.

Interest Rates: Interest rate changes in Europe and globally influence investor allocation decisions and, therefore, fund flows.

Economic Data: Major economic releases (GDP, inflation, unemployment) in Europe influence stock valuations and, consequently, EUFUND's price.

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