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GB00B62Y3X56

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Analysis and statistics

  • Open
    137.3384$
  • Previous Close
    137.3384$
  • 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
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  • Beta
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  • Volume
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About

The funds financial product symbol GB00B62Y3X56, often followed by ".EUFUND" to denote its listing on a European platform for trading or information dissemination, specifically refers to the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). This Exchange Traded Fund (ETF) aims to track the investment results of an index composed of developed and emerging market companies that could benefit from the increased adoption of electric vehicles and driving technologies. The "Acc" indicates that the fund accumulates income rather than distributing it.
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Factors

Market Sentiment: Overall investor confidence and risk appetite impact fund flows and thus the price.

Fund Performance: Historical and current performance versus benchmark influences investor demand.

Asset Allocation: The types of assets held (equities, bonds etc.) and their weightings affect volatility.

Management Fees: Higher fees can reduce net returns, potentially impacting the fund's attractiveness.

Economic Conditions: Macroeconomic factors (inflation, interest rates, GDP growth) drive asset values.

Currency Fluctuations: Changes in currency exchange rates impact returns for international funds.

Geopolitical Events: Global political instability can create market uncertainty and affect prices.

Regulatory Changes: New regulations impacting investment strategies can influence fund performance.

Fund Size: Larger funds may face challenges deploying capital effectively, affecting returns.

Dividend Payouts: Fund's distribution policy influences investor yield and demand.

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