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GB00B8BP6P65

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Analysis and statistics

  • Open
    0.8973$
  • Previous Close
    0.8973$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

GB00B8BP6P65.EUFUND is the SEDOL code (a UK security identifier) for the iShares Core FTSE 100 UCITS ETF (Acc), a passively managed exchange-traded fund (ETF) designed to track the performance of the FTSE 100 Index. This index comprises the 100 largest companies listed on the London Stock Exchange, weighted by market capitalization. The "Acc" in the name signifies that the ETF accumulates income, meaning dividends received from the underlying companies are reinvested back into the fund rather than being distributed to investors. As an iShares ETF, it is managed by BlackRock, a global investment management firm.
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Factors

The sections should have a name that gives information about the content. **Underlying Asset Performance:** The primary driver is the performance of the assets held within the EUFUND. Positive returns in these assets generally increase the fund's price, while negative returns decrease it.

**Investor Demand:** High demand for the EUFUND can push its price up, particularly if supply is limited. Conversely, significant selling pressure can lead to a price decrease.

**Economic Conditions:** Macroeconomic factors like GDP growth, inflation, and interest rates in the European Union can influence the performance of the underlying assets and thus the fund's price.

**Currency Exchange Rates:** Fluctuations in the exchange rate between the fund's base currency (likely GBP) and the currencies of the assets it holds (e.g., EUR) can impact returns.

**Fund Management Fees:** The fund's expense ratio, including management fees and other operational costs, reduces the overall return and can indirectly impact the price over time.

**Market Sentiment:** General market optimism or pessimism regarding the European equity market can affect investor appetite for EUFUND and thus its price.

**Political Stability:** Political events and policy changes within the European Union can influence investor confidence and impact the prices of assets held by the fund.

**Dividend Payments:** Dividend payments distributed by the fund will reduce the net asset value, thus temporarily decreasing the price per share, although it's ultimately returned to the investors.

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