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GB00B3Y0BK36

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Analysis and statistics

  • Open
    2.7741$
  • Previous Close
    2.7741$
  • 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

GB00B3Y0BK36.EUFUND refers to the iShares £ Corporate Bond Index Fund (UK) D Acc GBP. This is an exchange-traded fund (ETF) designed to track the performance of the Markit iBoxx GBP Non-Gilts Corporates Index, offering investors exposure to a broad range of Sterling-denominated investment grade corporate bonds. The 'Acc' in the name indicates that the fund is accumulating, meaning that income earned is reinvested back into the fund rather than being distributed to investors as dividends.
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Factors

Underlying Asset Performance: The fund's price is directly influenced by the performance of its underlying assets, primarily European equities.

Market Sentiment: Overall investor confidence and market trends in Europe and globally can impact demand and, therefore, the fund's price.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and GDP growth in European economies affect the profitability of companies held in the fund.

Currency Fluctuations: Exchange rate movements, particularly between the Euro and GBP, can affect the fund's returns for UK-based investors.

Fund Management: The skill and strategy of the fund manager in selecting and managing the portfolio impact the fund's performance and price.

Expense Ratio: The fund's operating expenses, including management fees, affect its net asset value and, consequently, its price.

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