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GB00B2PB3794

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1d
1w
1m

Analysis and statistics

  • Open
    207.874$
  • Previous Close
    207.874$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00B2PB3794.EUFUND represents a fund offered by Legal & General Investment Management (LGIM). It is formally known as the Legal & General Short Dated Sterling Corporate Bond Index Fund, an index tracking fund aiming to replicate the performance of the Markit iBoxx GBP Non-Gilts 1-5 Index. The fund invests primarily in sterling-denominated corporate bonds with a short maturity range, providing investors exposure to the UK corporate bond market with lower interest rate sensitivity compared to longer-dated bonds. Its objective is to provide a return consistent with the index, net of fees and expenses.
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Factors

Fund Performance: Historical performance and relative performance compared to its benchmark affect investor demand and thus price.

Market Conditions: Overall market sentiment, economic indicators, and geopolitical events impact asset valuations within the fund's portfolio.

Fund Flows: Inflows increase demand, potentially raising the price; outflows decrease demand, possibly lowering the price.

Management Fees: Higher fees can negatively impact returns, making the fund less attractive to investors.

Expense Ratio: The expense ratio encompassing management and operational costs affects the fund's net asset value.

Benchmark Performance: The performance of the fund's benchmark index significantly influences the fund's perceived value and price.

Interest Rates: Changes in interest rates affect the valuation of fixed-income assets held by the fund.

Currency Fluctuations: For funds holding international assets, currency fluctuations impact the fund's value in the investor's currency.

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