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GB00B3L7HT80

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Analysis and statistics

  • Open
    14.2356$
  • Previous Close
    14.2356$
  • 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

GB00B3L7HT80 is the ISIN (International Securities Identification Number) for the Legal & General Global Equity Index Fund I Acc GBP. This is a passively managed, index-tracking fund that aims to replicate the performance of the FTSE All-World Index. It invests primarily in equities of companies globally and seeks to provide long-term capital growth. The "EUFUND" suffix is sometimes used by data providers or financial institutions to denote that the fund is available for distribution within the European Union or relates to its EU-compliant status. However, the official designation is usually just the ISIN.
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Factors

Market Performance: Overall stock market trends in Europe significantly impact the fund's Net Asset Value (NAV). A rising market generally increases the fund's value, while a declining market decreases it. Fund Holdings: The performance of the specific companies and assets held within the GB00B3L7HT80.EUFUND portfolio directly affects its price. Positive performance of these holdings leads to price increases; poor performance causes decreases. Economic Conditions: Macroeconomic factors such as inflation, interest rates, GDP growth, and unemployment in the European Union and globally can influence investor sentiment and therefore the fund's price. Currency Fluctuations: Exchange rate movements, particularly between the Euro and other major currencies, impact the fund's value, especially if the fund has investments outside the Eurozone. Investor Sentiment: Market optimism or pessimism regarding European equities can drive demand for and supply of GB00B3L7HT80.EUFUND shares, influencing its price. Higher demand raises prices, while increased selling pressure lowers them.

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