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GB00B99MQF62

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1d
1w
1m

Analysis and statistics

  • Open
    2.5363$
  • Previous Close
    2.5363$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00B99MQF62 represents an exchange-traded fund (ETF) with the name iShares Physical Gold ETC. This financial product allows investors to gain exposure to the price of gold without directly owning the physical commodity. It is designed to track the performance of gold by holding physical gold bullion securely in vaults and issuing securities that are backed by these holdings. The fund is traded on the London Stock Exchange and other European exchanges, providing a liquid and transparent way for investors to participate in the gold market.
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Factors

Constituent Asset Performance: The fund's price is directly impacted by the performance of the underlying assets it holds, such as stocks or bonds.

Market Sentiment: Overall investor confidence and market trends influence demand for the fund, affecting its price.

Expense Ratio: The fund's operating costs (expense ratio) can gradually erode returns and affect its price.

Currency Fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes can impact its price when converted back to the base currency.

Interest Rates: Changes in interest rates can affect the valuation of fixed-income assets held within the fund, thereby influencing its price.

Fund Flows: Large inflows or outflows of investor money can affect the fund's liquidity and potentially impact its price, especially for smaller funds.

Economic Indicators: Macroeconomic factors like GDP growth, inflation, and unemployment can influence the performance of the fund's underlying assets and thus the fund's price.

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