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GB00B1R0FB56

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Analysis and statistics

  • Open
    3.3136$
  • Previous Close
    3.3136$
  • 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

GB00B1R0FB56.EUFUND represents shares of the Legal & General UCITS ETF ICAV - L&G Hydrogen Economy UCITS ETF. This exchange-traded fund (ETF) aims to replicate the performance of the L&G Hydrogen Economy Index, which provides exposure to companies involved in the hydrogen economy, encompassing areas like hydrogen production, distribution, and fuel cell technology. Investors use this ETF to gain diversified access to the emerging hydrogen sector.
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Factors

Asset Allocation: The underlying assets (stocks, bonds, etc.) held by the fund directly influence its value.

Market Performance: Broader market trends and sector-specific performance impact the fund's holdings.

Fund Management: The manager's investment strategy and stock-picking ability affect returns.

Expense Ratio: Higher fees charged by the fund reduce overall returns and thus impact price.

Supply and Demand: Investor interest in the fund can push the price up or down.

Economic Conditions: Macroeconomic factors like inflation and interest rates affect asset values.

Currency Fluctuations: If the fund holds assets in other currencies, exchange rates will impact price.

Geopolitical Events: Unexpected global events can create market volatility and impact fund prices.

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