Markets.com Logo

GB00B138LS24

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    8.7558$
  • Previous Close
    8.7558$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00B138LS24 represents the Legal & General Global Equity Index Fund I Income GBP Acc, an index-tracking fund domiciled in the United Kingdom. The fund aims to replicate the performance of the FTSE All-World Index, investing primarily in equities of companies globally. It provides investors with broad exposure to global equity markets in a single investment vehicle and is an accumulation fund, meaning that income is reinvested back into the fund rather than being distributed to investors.

Gold's Safe-Haven Status Under Scrutiny: Market Dynamics and Price Outlook

Emma Rose|--

Trump's Iran War Exit Without a Deal: Reshaping Middle East Energy Security and Power Dynamics

Emma Rose|--
European market insights: What is the European stock market doing right now?

European market insights: What is the European stock market doing right now?

Ghko B|--
EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

Ghko B|--

Microsoft at a Crossroads: AI Hurdles and Cloud Resilience Amidst Market Volatility

Sophia Claire|--

Iran's Hormuz Gambit: Leveraging a Chokepoint for Economic Leverage and Global Impact

Ava Grace|--

Gold Market Resilience: Navigating Sell-offs and Sustaining Bull Run

Noah Lee|--

Factors

Performance of Underlying Assets: The fund's price is heavily influenced by the performance of the assets it holds, primarily European equities. Strong returns from these companies will typically increase the fund's Net Asset Value (NAV) and market price.

Market Sentiment Towards European Equities: Overall investor confidence in European markets plays a significant role. Positive sentiment drives demand, increasing the fund's price, while negative sentiment can lead to sell-offs and price declines.

Eurozone Economic Conditions: Economic indicators such as GDP growth, inflation, and unemployment rates in the Eurozone impact the performance of European companies and, consequently, the fund. Strong economic data typically supports higher fund prices.

Interest Rate Changes by the European Central Bank (ECB): ECB policy decisions, particularly regarding interest rates, can affect borrowing costs for companies and consumer spending, impacting corporate profitability and ultimately influencing the fund's value.

Currency Fluctuations (GBP/EUR): Since the fund is denominated in GBP, fluctuations in the GBP/EUR exchange rate can affect its price for UK investors. A stronger Euro relative to the Pound would generally increase the fund's value in GBP terms.

Fund Flows: Significant inflows into the fund can drive up its price, while large outflows can exert downward pressure. This is especially true for smaller funds.

Management Fees and Expenses: The fund's expense ratio reduces its overall returns. Higher fees can negatively impact performance and potentially lower the fund's price relative to comparable funds.

Political and Geopolitical Events: Major political events, elections, or geopolitical tensions in Europe can create uncertainty and volatility, impacting investor sentiment and the fund's price.

Investor Demand: General investor interest in the fund itself, driven by marketing efforts, recommendations from financial advisors, or inclusion in model portfolios, can affect its price.

Liquidity of Underlying Assets: The ease with which the fund can buy or sell its underlying holdings affects its pricing. Illiquid assets can lead to wider bid-ask spreads and potentially impact the fund's NAV.

Global Economic Conditions: Broader global economic trends and conditions can influence investor risk appetite and impact European markets and the fund.

People Also Watch

Latest news

US Steel and Aluminum Tariffs Revamped: Simplification Amidst Potential Cost Increases

Noah Lee|--

SpaceX Files Secret IPO Bid, Eyeing Record-Breaking $1.75 Trillion Valuation

Ava Grace|--

US Intelligence: Iran Unwilling to Engage in Substantive Talks to End War

Sophia Claire|--

Latest Education Articles

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

Ghko B|--
Investing basics for beginners: What are the 4 economic indicators?

Investing basics for beginners: What are the 4 economic indicators?

Frances Wang|--
CFDs vs Options: What’s the Difference?

CFDs vs Options: What’s the Difference?

Julian Parker|--