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GB00B1L56Y64

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Analysis and statistics

  • Open
    1.9709$
  • Previous Close
    1.9709$
  • 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

GB00B1L56Y64 is the ISIN (International Securities Identification Number) code for the Fidelity Index UK Fund P Acc. It's a UK-domiciled index tracking fund that aims to replicate the performance of the FTSE All-Share Index, providing investors with broad exposure to the UK stock market. The "EUFUND" portion likely refers to a specific platform or database where this fund is listed and categorized, or could be a ticker symbol used on a specific exchange or data provider. Without further context, it's difficult to definitively say which specific platform "EUFUND" refers to.
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Factors

Underlying Asset Performance: The fund's price heavily relies on the performance of its underlying investments, typically European equities. Rising equity values drive the fund's price up; falling values drive it down. Market Sentiment: Overall investor sentiment toward European markets significantly influences the fund's price. Positive sentiment increases demand, pushing the price higher; negative sentiment reduces demand, lowering the price. Currency Fluctuations: As the fund invests in European assets, currency exchange rates, especially EUR/GBP, impact returns. A stronger Euro versus the Pound increases the fund's value; a weaker Euro decreases it. Interest Rates: Changes in interest rates, particularly those set by the European Central Bank (ECB), can affect equity valuations and, consequently, the fund's price. Higher rates can depress valuations; lower rates can boost them. Economic Data: Key economic indicators like GDP growth, inflation, and unemployment rates in Europe impact investor confidence and the performance of European companies, thus affecting the fund's price. Fund Management Fees: The fund's ongoing charges and management fees reduce the overall return and can affect its relative attractiveness compared to similar funds, influencing its price.

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