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GB00B39KYX24

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Analysis and statistics

  • Open
    0.5899$
  • Previous Close
    0.5899$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

GB00B39KYX24 is the ISIN (International Securities Identification Number) for the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). This Exchange Traded Fund (ETF), denoted by the suffix "EUFUND", provides investors with exposure to companies involved in the development, production, and distribution of electric vehicles, autonomous driving technologies, and related components. It is a passively managed fund designed to track the performance of a specific index composed of these types of companies. The "USD (Acc)" portion of the fund name indicates that the fund is denominated in US Dollars and that income is accumulated, meaning dividends are reinvested back into the fund rather than distributed to investors.
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Factors

Market Performance: Broad market trends influence EUFUND's value, reflecting investor sentiment and economic outlook.

Fund Composition: The underlying assets within EUFUND, such as stocks or bonds, directly impact its price based on their individual performance.

Economic Indicators: Macroeconomic data like GDP growth, inflation, and interest rates in the EU region affect investor confidence and fund valuation.

Currency Fluctuations: Exchange rates between the Euro and other currencies can impact returns for investors holding EUFUND outside the Eurozone.

Investor Demand: Higher demand for EUFUND can drive up its price, while increased selling pressure can lead to price declines.

Fund Management: Decisions made by the fund manager, including asset allocation and security selection, influence the fund's performance.

Geopolitical Events: Political instability or major geopolitical events in Europe can create uncertainty and affect fund prices.

Regulatory Changes: Changes in financial regulations within the EU could impact the types of investments the fund can hold, affecting its risk profile and returns.

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