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GB00B3BWB809

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Analysis and statistics

  • Open
    3.628$
  • Previous Close
    3.628$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00B3BWB809 represents the iShares Physical Gold ETC, an exchange-traded commodity (ETC) designed to track the performance of gold. It provides investors with exposure to the gold market without directly owning physical gold. The ETC is structured as a debt instrument, fully backed by physical gold bullion held in secure vaults, typically in London. European Fund Administration S.A. acts as the fund administrator.
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Factors

Market performance: Overall stock market and bond market performance directly impacts the fund's net asset value (NAV).

Underlying asset performance: The returns of the specific assets held within the fund, such as stocks or bonds, drive its price.

Interest rates: Changes in interest rates, especially if the fund holds bonds, can affect bond prices and overall fund value.

Fund manager skill: The investment decisions made by the fund manager influence the fund's performance relative to its benchmark.

Expense ratio: The fund's expense ratio, including management fees, impacts returns and can affect its attractiveness to investors.

Supply and demand: Investor demand for the fund's shares can influence its price, especially during periods of high or low sentiment.

Economic conditions: Macroeconomic factors like GDP growth, inflation, and unemployment can impact the performance of underlying assets.

Currency fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes will affect its value when converted back to the base currency.

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