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GB00B2NG4R39

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Analysis and statistics

  • Open
    1148.147$
  • Previous Close
    1148.147$
  • 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

GB00B2NG4R39.EUFUND represents the Legal & General Global Equity Index Fund I Acc, a passively managed fund designed to track the performance of a global equity index. This fund aims to replicate the returns of a broad market capitalization-weighted index of equities across developed and emerging markets, providing investors with diversified exposure to the global stock market. The fund is domiciled in the UK and is typically offered to retail investors, aiming to provide long-term capital growth by mirroring the index's composition and performance.
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Factors

Market Performance: Overall market trends, especially within the fund's investment sectors (e.g., European equities), impact the Net Asset Value (NAV). Fund Holdings Performance: The performance of the individual assets (stocks, bonds, etc.) held within the fund directly influences the fund's value. Currency Fluctuations: If the fund invests in assets denominated in currencies other than GBP, exchange rate changes will affect the fund's GBP price. Interest Rate Changes: Changes in interest rates, particularly in Europe, can affect the value of bond holdings and, indirectly, stock valuations. Investor Sentiment: Shifts in investor confidence and risk appetite towards European markets can drive demand for, and therefore the price of, the fund. Fund Management Decisions: The fund manager's investment strategy, stock selection, and trading activity influence the fund's performance and price. Economic Indicators: Economic data releases (e.g., GDP growth, inflation) in Europe can impact market sentiment and the performance of European assets. Geopolitical Events: Political instability or significant policy changes in Europe can create market volatility and affect fund performance.

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