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GB00B4NYJ215

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Analysis and statistics

  • Open
    11.1657$
  • Previous Close
    11.1657$
  • 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

GB00B4NYJ215 is the SEDOL code for the Fidelity Index US Fund P Acc, a passively managed index tracking fund. This fund aims to replicate the performance of the US stock market, specifically the S&P 500 index, by investing in a broad portfolio of US-listed companies proportionally weighted to the index. The 'P Acc' indicates the accumulation share class, meaning that any income generated by the fund is reinvested to increase the fund's net asset value (NAV) rather than being distributed to investors as dividends.
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Factors

Market performance: Overall market trends, particularly in the European markets where the fund invests, significantly influence its value. Positive market sentiment usually drives prices up, while downturns lead to declines.

Fund holdings: The underlying assets held by the fund, their individual performance, and sector allocation directly impact the fund's NAV (Net Asset Value) and therefore its price.

Investor sentiment: Investor demand and supply for the fund's shares can cause price fluctuations. High demand tends to increase the price, while increased selling pressure can push it down.

Expense ratio: The fund's operating costs, including management fees, can affect its returns and therefore the price over time. Higher expense ratios can erode returns.

Currency fluctuations: As the fund invests in European assets, currency exchange rates between GBP and EUR can impact the fund's price when viewed in GBP terms. A strengthening EUR against GBP can increase the fund's price.

Interest rates: Changes in interest rates, particularly in Europe, can affect the valuation of the underlying assets held by the fund, such as bonds or equities, and thus affect the fund's price.

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