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GB00B4KDG195

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Analysis and statistics

  • Open
    2.7776$
  • Previous Close
    2.7776$
  • 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

GB00B4KDG195 is the ISIN (International Securities Identification Number) for the iShares Physical Gold ETC, an exchange-traded commodity (ETC) that provides investors with a way to gain exposure to the price of gold without directly owning the physical metal. The EUFUND designation typically indicates the fund is compliant with EU regulations. This ETC tracks the spot price of gold and is backed by physical gold bullion held in vaults. Investors buy and sell shares of the ETC on stock exchanges like any other publicly traded security, making it a relatively liquid and accessible way to invest in gold.
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Factors

Market Sentiment: Overall investor confidence and risk appetite impact fund demand and thus price.

Fund Performance: Strong historical returns attract investors, driving up demand and price.

Economic Conditions: Broader economic factors like GDP growth and inflation influence asset valuations within the fund.

Interest Rates: Changes in interest rates affect bond yields and overall market attractiveness, impacting fund flows.

Fund Management: The skill and experience of the fund manager influence investment decisions and performance.

Expense Ratio: High fees can reduce returns and negatively impact the fund's attractiveness.

Asset Allocation: The mix of assets (stocks, bonds, etc.) within the fund impacts its risk and return profile.

Currency Fluctuations: Changes in currency exchange rates can affect the value of international assets held by the fund.

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