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GB00B4ZF9G62

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Analysis and statistics

  • Open
    2.6598$
  • Previous Close
    2.6598$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

GB00B4ZF9G62.EUFUND represents an investment fund, specifically the Legal & General Global Technology Index Trust I Acc GBP. This fund aims to track the performance of the FTSE World Technology Index, providing investors with exposure to a broad range of technology companies worldwide. It's an index-tracking fund, meaning it seeks to replicate the index's composition and weighting, typically resulting in lower management fees compared to actively managed funds. Its performance will largely reflect the performance of the global technology sector.
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Factors

Underlying Asset Performance: The fund's Net Asset Value (NAV) is primarily influenced by the performance of the assets it holds, typically European equities.

Market Sentiment: Broad market trends and investor confidence in European markets can drive demand and thus the price of the fund.

Currency Fluctuations: As the fund invests in European assets, currency exchange rates between the fund's base currency and the Euro can impact returns.

Expense Ratio and Management Fees: High fees can detract from returns, influencing the fund's overall value and potentially its price.

Supply and Demand: Investor demand for the fund relative to the available supply of units can impact its market price.

Economic Conditions: Economic factors in Europe, such as GDP growth, inflation, and interest rates, can affect the underlying companies and the fund's performance.

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