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GB00B1SRTM49

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1d
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Analysis and statistics

  • Open
    24.2149$
  • Previous Close
    24.2149$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00B1SRTM49 represents the iShares UK Equity Index Fund (UK), an exchange-traded fund (ETF) domiciled in the United Kingdom. This fund aims to track the investment results of an index composed of UK equities, typically a broad market index such as the FTSE All-Share Index. Investors use this ETF to gain exposure to a diversified portfolio of UK-listed companies across various sectors, offering a convenient and relatively low-cost way to participate in the performance of the UK stock market. The 'EUFUND' portion of the symbol indicates its availability and listing within a European market exchange.
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Factors

Market Sentiment: Overall investor confidence and risk appetite significantly impact fund prices. A bullish market boosts demand, driving prices up; bearish sentiment reduces demand, lowering prices.

Fund Performance: The fund's historical and recent performance relative to its benchmark and peers influences investor demand. Consistently strong performance attracts investment, increasing the price.

Net Asset Value (NAV): The NAV per share, reflecting the underlying asset values, is a primary driver. Changes in the value of the fund's holdings (stocks, bonds, etc.) directly affect the NAV and, consequently, the price.

Supply and Demand: Basic economic principles apply. Higher demand than available shares pushes the price upwards, while increased supply (e.g., through new share issuance) relative to demand can lower it.

Expense Ratio: The fund's expense ratio (annual management fees and operating expenses) impacts returns. High expense ratios can reduce attractiveness and potentially lower the price compared to funds with similar performance but lower costs.

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