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GB00B4MNN055

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    2.0053$
  • Previous Close
    2.0053$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product with the symbol GB00B4MNN055.EUFUND refers to the Legal & General Short Dated Sterling Corporate Bond Index Fund, a UK-domiciled fund that seeks to track the performance of the Markit iBoxx GBP Sterling Non-Gilts 1-5 Index, providing exposure to short-dated, sterling-denominated corporate bonds. It's typically used by investors looking for relatively low-risk income and capital preservation.
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Factors

Underlying Asset Performance: The price largely reflects the performance of the assets held within the fund. Positive asset returns generally increase the fund's Net Asset Value (NAV) and thus, its price.

Market Sentiment: Broad market trends and investor confidence influence demand. Bullish sentiment can drive fund prices upward, while bearish sentiment can lower them.

Fund Flows: Large inflows into the fund increase demand, potentially driving up the price. Conversely, significant outflows can exert downward pressure.

Expense Ratio: The fund's operating costs, including management fees, are deducted from its assets, affecting the net return and thus the price.

Currency Fluctuations: If the fund invests in assets denominated in a different currency than its trading currency, exchange rate movements can impact its price.

Interest Rates: Changes in interest rates can impact the value of fixed-income assets held within the fund, thereby affecting the overall fund price.

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