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GB00B61H3Z77

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1d
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Analysis and statistics

  • Open
    182.7075$
  • Previous Close
    182.7075$
  • 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

GB00B61H3Z77 is the ISIN (International Securities Identification Number) for a specific share class of the Legal & General European Index Trust. The suffix ".EUFUND" as used by some brokers or financial data providers simply helps to clarify that the reference is to this particular fund, rather than a different security. The Legal & General European Index Trust aims to track the performance of the FTSE Developed Europe ex UK Index, offering investors exposure to a broad range of European equities excluding those listed in the United Kingdom. It is an index-tracking fund, meaning it seeks to replicate the index's composition and weighting, and is not actively managed to outperform it. Investors use such funds to gain diversified exposure to a specific market segment.
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Factors

Market Conditions: Overall stock market performance, economic growth, and investor sentiment significantly influence fund prices.

Fund Performance: Past returns and relative performance compared to its benchmark and peer funds impact investor demand.

Expense Ratio: The fund's operating expenses, including management fees, affect its net asset value (NAV) and investor returns.

Fund Size: Larger funds may have lower expense ratios but can face challenges in generating outperformance.

Investment Strategy: The fund's specific approach, such as value or growth investing, impacts returns based on market cycles.

Currency Fluctuations: Exchange rate movements affect the value of international funds when converted back to GBP.

Interest Rates: Changes in interest rates impact bond yields and can indirectly affect equity valuations.

Geopolitical Events: Political instability or economic changes in the fund's target region can influence investment values.

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