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GB00B62CCB00

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Analysis and statistics

  • Open
    2.3843$
  • Previous Close
    2.3843$
  • 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

GB00B62CCB00 is the ISIN (International Securities Identification Number) for the Legal & General Short Dated Sterling Corporate Bond Index Fund I Acc GBP. This fund is a UK-domiciled collective investment scheme that aims to track the performance of the iBoxx GBP Corporates 1-5 Year Index. The fund primarily invests in sterling-denominated investment-grade corporate bonds with maturities between 1 and 5 years. It is designed to provide investors with exposure to the short-dated corporate bond market while minimizing interest rate risk compared to longer-dated bond funds. The ".EUFUND" suffix is not a standard part of the ISIN or fund name and likely signifies a database tag or internal identifier within a specific financial system.
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Factors

Market Performance: Overall performance of European stock markets directly impacts the fund's value as it invests in European companies.

Sector Allocation: The fund's investment allocation across different sectors in Europe influences returns, with sector-specific performance affecting the fund's price.

Currency Fluctuations: Exchange rate fluctuations between the Euro and other currencies (like GBP) can impact the fund's value for non-Euro investors.

Fund Management: The investment decisions and performance of the fund managers play a crucial role in the fund's returns and price.

Economic Conditions: Economic growth, inflation, and interest rates within Europe significantly affect company profits and investor sentiment, impacting the fund.

Geopolitical Events: Political events and policy changes within Europe can create uncertainty and affect investor confidence, influencing the fund's price.

Investor Sentiment: General investor confidence and demand for European equities influence the fund's price, with increased demand leading to price appreciation.

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