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GB00B6QWJ597

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Analysis and statistics

  • Open
    2.1629$
  • Previous Close
    2.1629$
  • 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

GB00B6QWJ597 identifies as the iShares Global Clean Energy UCITS ETF (INRG). This exchange-traded fund (ETF) aims to track the investment results of an index composed of global equities in the clean energy sector. Specifically, it seeks to replicate the performance of the S&P Global Clean Energy Index, which includes companies involved in clean energy production, technology, and equipment. Investors use this ETF to gain exposure to a diversified portfolio of companies participating in the transition to a cleaner energy economy.
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Factors

Underlying Asset Performance: The fund's value directly reflects the performance of the assets it holds, primarily European equities. Upward or downward trends in these equities impact the fund's price.

Market Sentiment: General investor optimism or pessimism towards European markets and specific sectors held by the fund influences demand and therefore the fund's price.

Currency Fluctuations: As the fund invests in European assets, changes in the relative value of currencies like the Euro against the fund's base currency (likely GBP) affect returns when converted.

Interest Rate Changes: Interest rate decisions by European Central Bank can influence economic activity and corporate profitability, indirectly affecting the value of the fund's equity holdings.

Economic Data Releases: Key economic indicators such as GDP growth, inflation, and unemployment figures in Europe can impact investor confidence and market direction.

Company-Specific News: Significant news about individual companies within the fund's portfolio (earnings reports, mergers, acquisitions) can cause price fluctuations.

Fund Flows: Large inflows into the fund can drive up its price, while significant outflows can exert downward pressure.

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