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GB00B8FDBQ23

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1d
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Analysis and statistics

  • Open
    282.7319$
  • Previous Close
    282.7319$
  • 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

The financial product with symbol GB00B8FDBQ23.EUFUND refers to the Fidelity Index US Fund P Accumulation. This is a passively managed index fund that aims to track the performance of the US stock market by investing in a broad range of US companies.
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Factors

Underlying Asset Performance: EUFUND's price heavily relies on the performance of the assets it holds, primarily European equities.

Market Sentiment: Broad market optimism or pessimism towards European markets significantly impacts investor demand and fund pricing.

Currency Fluctuations: Changes in the relative value of the Euro against the fund's base currency affect returns, especially for non-Euro investors.

Expense Ratio and Fees: The fund's management fees and operational costs directly reduce the net asset value and, consequently, the price.

Supply and Demand: Increased demand for EUFUND shares drives prices upward, while increased selling pressure lowers them.

Economic Conditions: Economic growth, interest rates, and inflation in Europe influence company earnings and investor sentiment, impacting the fund's value.

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