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GB00B84RNC52

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Analysis and statistics

  • Open
    2.3839$
  • Previous Close
    2.3839$
  • 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

GB00B84RNC52 is the ISIN (International Securities Identification Number) for the iShares MSCI Europe SRI UCITS ETF EUR (Acc). EUFUND, while perhaps used informally in some contexts, is not a standard or official designation related to this specific fund. The fund tracks the performance of an index composed of European companies with outstanding Environmental, Social and Governance (ESG) ratings, while also excluding companies involved in certain controversial activities. It is an exchange-traded fund (ETF) that is domiciled in Ireland and denominated in Euro. The "Acc" in the name signifies that it is an accumulating fund, meaning that income is reinvested back into the fund instead of being distributed to investors.
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Factors

Market Sentiment: Overall investor confidence and risk appetite impact demand for EU-focused funds.

Economic Growth in Europe: Stronger GDP growth in European countries generally boosts fund performance.

Inflation Rates: High inflation can erode corporate profits and consumer spending, negatively impacting returns.

Interest Rate Policies: The European Central Bank's interest rate decisions affect borrowing costs and investment attractiveness.

Currency Fluctuations: Exchange rate changes between the Euro and other currencies affect the value of the fund's assets.

Geopolitical Events: Political instability or significant policy changes in Europe can create uncertainty.

Company Performance: The success of companies held within the fund directly influences its value.

Sector Performance: Specific sectors within the European economy can outperform or underperform, affecting the fund's returns.

Fund Management Expertise: The skill of the fund managers in selecting investments and managing risk is crucial.

Fund Expenses: Management fees and other expenses reduce the overall return for investors.

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