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GB00B3X9RW52

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Analysis and statistics

  • Open
    8.5183$
  • Previous Close
    8.5183$
  • 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

GB00B3X9RW52.EUFUND represents a share class of the LF Brook Absolute Return Fund, an actively managed UK-domiciled fund aiming to achieve positive absolute returns regardless of market conditions. The fund employs a multi-strategy approach, investing across various asset classes and utilizing techniques such as long/short equity, fixed income arbitrage, and currency strategies to generate returns while mitigating risk. It targets a specific return objective over a rolling period, often benchmarked against cash or a cash plus target, and seeks to achieve this with lower volatility than traditional equity investments.
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Factors

Underlying Asset Performance: The fund's price is directly linked to the performance of its underlying assets. Positive performance increases the fund's value, while negative performance decreases it. Market Conditions: Broad market trends, economic indicators, and investor sentiment influence the demand and supply for the fund, thereby impacting its price. Fund Management: The skill and strategies employed by the fund manager in selecting and managing assets affect the fund's returns and consequently, its price. Expense Ratio: The fund's expense ratio, covering management fees and operating costs, impacts the net return to investors and the attractiveness of the fund, affecting its price. Supply and Demand: High demand increases the fund's price, while increased selling pressure (supply) decreases it. Interest Rates: Changes in interest rates can influence investment decisions, potentially shifting capital flows and affecting the fund's price. Currency Fluctuations: For funds holding international assets, currency fluctuations can impact the value of those assets when converted back to the fund's base currency.

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