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GB00B2RKLR07

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1d
1w
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Analysis and statistics

  • Open
    2.3449$
  • Previous Close
    2.3449$
  • 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

GB00B2RKLR07 is the SEDOL code for the LF Brook Absolute Return fund. It is an actively managed absolute return fund aiming to generate positive returns regardless of market conditions. The fund primarily invests in a diversified portfolio of other collective investment schemes, including regulated funds, unregulated funds and UCITS funds, across a variety of asset classes and investment strategies. The fund manager aims to generate returns through a combination of strategic and tactical asset allocation, fund selection, and risk management techniques.
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Factors

Market Sentiment: Overall investor confidence and risk appetite can impact demand for the fund, driving prices up or down.

Underlying Asset Performance: The performance of the equities held within the EUFUND portfolio directly influences its Net Asset Value (NAV) and therefore its market price.

Expense Ratio & Fund Management: High expense ratios can detract from returns and affect investor appeal. The fund manager's skill and strategy also play a key role.

Economic Conditions in Europe: Macroeconomic factors such as GDP growth, inflation, and interest rates within Europe can impact the performance of European companies and consequently the EUFUND's price.

Currency Fluctuations: Changes in the exchange rate between the fund's base currency (likely GBP) and the currencies of the underlying European assets can affect returns.

Supply and Demand: The balance between buyers and sellers in the market for EUFUND units will influence its price.

Regulatory Changes: New regulations impacting the financial sector or European companies could affect the fund's performance and investor sentiment.

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