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GB00B83XBD17

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1d
1w
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Analysis and statistics

  • Open
    259.2631$
  • Previous Close
    259.2631$
  • 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

GB00B83XBD17 is the ISIN (International Securities Identification Number) for the iShares Core UK Gilts UCITS ETF. This exchange-traded fund (ETF) aims to track the investment results of an index composed of UK government bonds (Gilts). It's managed by BlackRock and listed on various European stock exchanges. The "EUFUND" portion likely refers to the fact that this fund is a UCITS (Undertakings for Collective Investment in Transferable Securities) fund, a type of investment vehicle regulated within the European Union, allowing it to be marketed and sold across member states. Therefore, GB00B83XBD17.EUFUND represents a UCITS compliant ETF focused on UK Gilts, traded primarily within the European market.
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Factors

Fund Holdings' Performance: The underlying investments within the fund directly impact its price. Positive performance of assets, such as stocks or bonds, drives the fund's value upward, and vice-versa.

Market Conditions: Broader economic trends, investor sentiment, and industry-specific events influence the demand and supply of assets held by the fund, thus affecting its price.

Fund Flows: Investor activity – buying (inflows) or selling (outflows) shares of the fund – influences its price. Heavy inflows can push prices up, while significant outflows can cause a decrease.

Expense Ratio & Fees: Higher management fees and operating expenses can erode the fund's returns, impacting its price relative to comparable, lower-cost funds.

Currency Fluctuations: As this is a likely EUR denominated fund, exchange rate changes between EUR and other currencies used to buy underlying assets will affect its price.

Interest Rates: Rising interest rates generally negatively impact bond values held in the fund, while affecting equity valuations, thus impacting the fund price.

Fund Manager Skill: The fund manager's investment decisions and ability to select profitable assets play a crucial role in the fund's performance and ultimately its price.

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