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GB00BFM7CQ35

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--%
1d
1w
1m

Analysis and statistics

  • Open
    125.7847$
  • Previous Close
    125.7847$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00BFM7CQ35.EUFUND refers to the Fidelity Index US Equity Fund P Accumulation EUR Hedged. It's an index tracking fund managed by Fidelity, designed to mirror the performance of the US equity market while hedging against currency fluctuations between the Euro and the US Dollar. The "P Accumulation" part signifies that any income generated by the fund is reinvested back into the fund, rather than being distributed to investors.
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Factors

Fund Performance: Past and present performance influences investor demand, driving the price up with strong returns and down with poor returns.

Market Conditions: Broader economic trends, sector performance, and investor sentiment in the European market directly impact the value of the fund's underlying assets.

Interest Rates: Changes in interest rates can affect the attractiveness of bonds and other fixed-income assets held by the fund, thus impacting its price.

Currency Fluctuations: As the fund invests in European assets, currency exchange rates (e.g., GBP/EUR) play a significant role in determining the fund's value for UK-based investors.

Management Fees and Expenses: The fund's expense ratio and other associated costs can erode returns, potentially impacting its price relative to similar funds with lower fees.

Investor Demand: High demand from investors can drive the price up, while increased selling pressure can cause the price to decline.

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