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GB00B3P42H82

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Analysis and statistics

  • Open
    0.9614$
  • Previous Close
    0.9614$
  • 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

GB00B3P42H82 is the ISIN (International Securities Identification Number) for the Legal & General Global Equity Index Fund I Acc GBP. It is a UK-domiciled open-ended investment company (OEIC) fund offered by Legal & General Investment Management (LGIM). The fund aims to track the performance of the FTSE All-World Index (or a similar index) by investing in a diversified portfolio of global equities. It is a passively managed fund, meaning the fund manager aims to replicate the index's composition rather than actively selecting stocks. The 'I Acc GBP' portion of the name indicates it is an accumulation share class denominated in British Pounds, meaning any income generated by the fund is reinvested within the fund rather than distributed to investors. This reinvestment can potentially lead to greater long-term capital growth.
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Factors

Market Conditions: General market sentiment, economic growth, and geopolitical events influence fund performance.

Fund's Holdings: The performance of underlying assets (stocks, bonds) directly impacts the fund's net asset value (NAV).

Interest Rates: Changes in interest rates can affect bond valuations within the fund, impacting its price.

Inflation: High inflation can erode purchasing power, impacting investor sentiment and potentially lowering demand.

Currency Fluctuations: Currency movements affect the value of international holdings if the fund invests globally.

Management Fees: Higher fees can reduce returns and impact investor attractiveness, indirectly influencing the price.

Investor Demand: Increased demand can drive up the price, while decreased demand can lead to price declines.

Fund's Investment Strategy: The fund's specific investment strategy and risk profile influence its performance and valuation.

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