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GB00BGH13Q46

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Analysis and statistics

  • Open
    161.9102$
  • Previous Close
    161.9102$
  • 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 GB00BGH13Q46.EUFUND refers to the Fidelity Sustainable Strategic Bond Fund P Acc GBP. It is an open-ended investment company (OEIC) managed by Fidelity. This fund aims to deliver income and capital growth by investing primarily in investment grade debt securities with a focus on sustainability. The fund is denominated in GBP.
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Factors

Underlying Asset Performance: The fund's price is directly influenced by the performance of the assets it holds, primarily European equities. Positive equity market returns drive up the fund's value, while negative returns cause it to decline. Economic Conditions: Macroeconomic factors like GDP growth, inflation, interest rates, and unemployment within the Eurozone impact the performance of the companies held by the fund, thus affecting its price. Market Sentiment: Investor confidence and risk appetite play a crucial role. Positive market sentiment leads to increased demand and higher prices for European equities and consequently, the fund. Currency Fluctuations: If the fund's base currency differs from the currencies of the underlying assets, exchange rate movements can affect returns. A strengthening Euro boosts returns for non-Euro based investors, and vice versa. Fund Management Fees: The fund's operating expenses, including management fees, directly reduce the fund's net asset value (NAV), ultimately affecting its price. Higher fees translate to lower returns for investors.

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