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GB00B63MVK11

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1d
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Analysis and statistics

  • Open
    121.7857$
  • Previous Close
    121.7857$
  • 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

The financial product symbol GB00B63MVK11.EUFUND refers to the iShares Electric Vehicles and Driving Technology UCITS ETF. This exchange-traded fund (ETF) aims to track the investment results of an index composed of companies that could benefit from the increased adoption of electric vehicles and driving technologies. It offers investors exposure to the growing electric vehicle and autonomous driving sector through a diversified portfolio of related companies.
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Factors

Market Performance: Overall market trends, especially within Europe, significantly affect fund value. Rising markets boost returns; falling markets decrease them. Fund Holdings: The performance of the individual assets (stocks, bonds, etc.) held within the fund directly influences its price. Strong performing holdings lead to price increases. Economic Conditions: Economic factors such as GDP growth, inflation, and interest rates in Europe can influence the value of the fund's underlying assets. Investor Sentiment: Investor confidence and demand for European assets impact the fund's price. High demand pushes the price up; low demand pushes it down. Currency Fluctuations: Changes in the value of the Euro relative to other currencies (particularly GBP) affect the fund's price for UK-based investors. Fund Management: The fund manager's investment decisions, stock selection, and risk management strategies affect fund performance and price. Expense Ratio: The fund's operating costs and fees are deducted from returns, impacting the overall price investors receive. Higher fees reduce returns.

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