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GB00B3SL2R61

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Analysis and statistics

  • Open
    2.333$
  • Previous Close
    2.333$
  • 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

GB00B3SL2R61 is the SEDOL (Stock Exchange Daily Official List) code for the iShares Core Corporate Bond UCITS ETF EUR (Dist). This exchange-traded fund (ETF), listed on European exchanges, aims to track the investment results of an index composed of euro-denominated corporate bonds. The "EUFUND" designation likely refers to its status as a UCITS (Undertakings for Collective Investment in Transferable Securities) fund, a type of regulated investment fund widely available in Europe. The EUR signifies that the fund is denominated in euros and the (Dist) indicates that it distributes income to investors.

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Factors

Fund Performance: The fund's historical and recent performance directly influences its price, with strong performance generally leading to higher prices.

Market Conditions: Overall market sentiment and economic conditions impact investor demand, which in turn affects the fund's price; bullish markets usually push prices up, while bearish markets pull them down.

Asset Allocation: The types of assets held by the fund (e.g., stocks, bonds, real estate) and their respective weightings affect its price; changes in the value of these underlying assets will impact the overall fund value.

Expense Ratio: The fund's expense ratio, reflecting management and operational costs, can influence its relative attractiveness to investors; higher expense ratios may depress price growth.

Fund Flows: Inflows (new investments) and outflows (redemptions) affect the fund's supply and demand, thus influencing its price; significant outflows can lead to price decreases.

Interest Rates: Interest rate changes impact the valuation of fixed-income assets within the fund; rising rates may decrease bond values and potentially lower the overall fund price.

Currency Fluctuations: If the fund holds assets in different currencies, exchange rate movements will affect the fund's returns when measured in the fund's base currency.

Regulatory Changes: New regulations affecting the fund or its underlying investments can influence investor sentiment and, consequently, the fund's price.

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