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GB00B2R2XV49

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1d
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Analysis and statistics

  • Open
    163.4861$
  • Previous Close
    163.4861$
  • 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

The financial product symbol GB00B2R2XV49.EUFUND refers to the Legal & General Sterling Corporate Bond Index Fund. It's an index tracking fund that aims to mirror the performance of the Sterling Corporate Bond market. This means it primarily invests in a diverse range of investment-grade, sterling-denominated corporate bonds, providing investors with exposure to this specific segment of the fixed income market.
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Factors

Fund Performance: Historical and current performance directly impacts investor demand. Strong returns typically attract more investment, increasing the fund's price.

Market Conditions: Broad economic trends, investor sentiment, and overall market volatility significantly influence fund valuations. A bullish market often lifts fund prices.

Expense Ratio: The fund's operating costs, including management fees, affect its net asset value. Higher expenses can detract from returns and potentially lower the price.

Interest Rates: Changes in interest rates can impact the attractiveness of the fund compared to other investments like bonds, influencing investor decisions and fund price.

Fund Manager Expertise: The skill and experience of the fund manager are crucial. A well-regarded manager may attract and retain investors, supporting the fund's price.

Asset Allocation: The fund's investment strategy and the types of assets it holds (e.g., stocks, bonds) affect its risk profile and potential returns, impacting the price.

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