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GB00B5LB0957

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1d
1w
1m

Analysis and statistics

  • Open
    243.8245$
  • Previous Close
    243.8245$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00B5LB0957.EUFUND represents Legal & General Sterling Corporate Bond Index Fund I Income GBP, an index-tracking investment fund. This fund aims to replicate the performance of the iBoxx Sterling Non-Gilt Corporate Bond Index by investing in a portfolio of Sterling-denominated corporate bonds that make up the index. The fund provides investors with exposure to a broad range of UK corporate bonds and seeks to deliver returns in line with the index, net of fees and expenses, making it a passive investment strategy.
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Factors

Here is your answer: **Market Conditions**: Overall market sentiment and economic trends impact fund prices. A bullish market typically drives prices up, while a bearish market can cause them to fall.

**Fund Holdings Performance**: The performance of the underlying assets held within the fund directly affects its price. Strong performance of these assets leads to price increases, and vice-versa.

**Supply and Demand**: High demand for the fund can drive its price up, while increased selling pressure can lower it. Investor sentiment plays a crucial role here.

**Expense Ratio**: The fund's expense ratio, which includes management fees and other operating expenses, can indirectly affect its returns and perceived value.

**Interest Rates**: Interest rate changes can influence the attractiveness of fixed-income investments within the fund, potentially affecting its overall price.

**Currency Fluctuations**: Currency exchange rates, especially if the fund invests in international assets, can significantly impact its price in the investor's base currency.

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