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GB00BFXY2C93

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--%
1d
1w
1m

Analysis and statistics

  • Open
    1.4457$
  • Previous Close
    1.4457$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00BFXY2C93.EUFUND refers to the Legal & General Cash Trust, an open-ended investment company (OEIC) domiciled in the United Kingdom. The fund aims to provide a return in line with money market rates while preserving capital, primarily investing in short-term money market instruments. It is managed by Legal & General Investment Management (LGIM).
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Factors

Asset Values: EUFUND's price directly mirrors the underlying assets' value, which are typically equities. Market fluctuations impacting these holdings drive price changes.

Supply and Demand: Increased investor demand pushes the price up, while higher selling pressure causes it to fall. General market sentiment plays a role.

Fund Management Fees: The fund's expense ratio, covering management and operational costs, indirectly influences price by affecting net returns.

Economic Conditions: Broad economic factors like inflation, interest rates, and GDP growth in Europe can impact the performance of the fund's investments and hence its price.

Currency Fluctuations: As EUFUND likely holds assets denominated in euros, GBP/EUR exchange rate movements can affect its price when viewed in GBP terms.

Investor Sentiment: Overall investor confidence in European markets and the specific sectors the fund targets influences buying and selling decisions.

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