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GB00B66WQ694

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1d
1w
1m

Analysis and statistics

  • Open
    289.2549$
  • Previous Close
    289.2549$
  • 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

GB00B66WQ694 is the ISIN (International Securities Identification Number) for the Legal & General Short Dated Sterling Corporate Bond Index Fund Accumulation, a fund managed by Legal & General Investment Management (LGIM). It is a passively managed index tracker fund designed to mirror the performance of the iBoxx GBP Non-Gilt Corporate Bond 1-5 Index. The fund invests primarily in Sterling-denominated corporate bonds with a short maturity range (typically between 1 and 5 years) seeking to provide investors with a return reflecting the index while minimizing tracking error. The ".EUFUND" portion of the notation suggests this fund is considered an EU-compliant fund, likely meaning it was compliant with EU regulations prior to Brexit and may still be structured to maintain certain EU-market access.
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Factors

Market Conditions: Overall market sentiment and economic conditions, such as inflation, interest rates, and GDP growth, significantly influence fund performance. A strong market typically boosts fund prices. Fund Holdings' Performance: The performance of the underlying assets held by GB00B66WQ694.EUFUND, which may include stocks, bonds, or other securities, directly impacts its price. Currency Exchange Rates: As the fund likely invests in European assets, fluctuations in currency exchange rates between the British pound and the Euro can influence its value. Investor Demand: Increased demand for GB00B66WQ694.EUFUND can drive up its price, while increased selling pressure can lead to a price decrease. Fund Management Decisions: The fund manager's investment strategies and portfolio allocation decisions play a crucial role in its performance and, consequently, its price. Expense Ratio: The fund's expense ratio, which covers management fees and operating expenses, impacts its net returns and can indirectly affect its price.

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