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GB00BGMJSG84

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Analysis and statistics

  • Open
    1.7624$
  • Previous Close
    1.7624$
  • 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
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  • Beta
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  • Volume
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About

GB00BGMJSG84 is the ISIN (International Securities Identification Number) for the iShares MSCI Europe SRI UCITS ETF EUR (Acc). This exchange-traded fund (ETF) aims to track the investment results of an index composed of European companies that have high environmental, social and governance (ESG) ratings relative to their sector peers, while also excluding companies involved in controversial activities. The ".EUFUND" suffix is not a standard part of the ISIN or fund name, but it might be a notation used by a specific platform or data provider to categorize or identify the fund. Therefore, GB00BGMJSG84 fundamentally refers to the iShares MSCI Europe SRI UCITS ETF EUR (Acc), a fund focused on sustainable and responsible investing in the European market.

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Factors

FactorName: Underlying Asset Performance

Explanation: The fund's price is directly linked to the performance of its underlying assets, mainly European equities. Positive equity market returns typically increase the fund's Net Asset Value (NAV) and price, while negative returns decrease them.

FactorName: Market Sentiment

Explanation: Overall investor confidence and risk appetite in the European market influence demand for the fund. Positive sentiment pushes the price higher, while negative sentiment leads to selling pressure and lower prices.

FactorName: Interest Rates

Explanation: Changes in interest rates, particularly in Europe, impact equity valuations. Higher rates can make equities less attractive compared to bonds, potentially decreasing demand for the fund. Lower rates can boost equity valuations.

FactorName: Economic Data

Explanation: Key economic indicators like GDP growth, inflation, and unemployment rates in Europe influence the profitability of companies held within the fund. Strong economic data usually leads to higher corporate earnings and potentially increased fund price.

FactorName: Currency Fluctuations

Explanation: As the fund invests in European equities, currency fluctuations between the base currency and the Euro can affect returns when measured in the investor's currency. A strengthening Euro can boost returns, while a weakening Euro can diminish them.

FactorName: Fund Flows

Explanation: Large inflows of investments into the fund increase demand and can put upward pressure on the price. Conversely, significant outflows can lead to selling pressure and a decline in the price.

FactorName: Management Fees and Expenses

Explanation: The fund's expense ratio, including management fees and other operating costs, reduces the overall return to investors. Higher expense ratios can negatively impact the fund's performance and price compared to similar funds with lower costs.

FactorName: Geopolitical Events

Explanation: Geopolitical events, such as political instability, trade wars, or major policy changes in Europe, can significantly impact market sentiment and corporate earnings, leading to volatility in the fund's price.

FactorName: Sector-Specific Performance

Explanation: The fund's performance is affected by the performance of the specific sectors it invests in. If certain sectors within the European market are outperforming others, the fund's performance will reflect this.

FactorName: Company-Specific News

Explanation: News and events related to individual companies held within the fund's portfolio, such as earnings announcements, mergers, or product launches, can impact the fund's overall performance and price.

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