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GB00BK3KPB25

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1d
1w
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Analysis and statistics

  • Open
    1.4171$
  • Previous Close
    1.4171$
  • 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

GB00BK3KPB25 is the ISIN (International Securities Identification Number) for the Legal & General Cash Trust I Acc GBP, a money market fund. Money market funds like this aim to provide a return similar to that of short-term interest rates, typically by investing in highly liquid, low-risk debt instruments such as Treasury bills, commercial paper, and certificates of deposit. The "I Acc GBP" designation indicates that it is an accumulation share class denominated in British Pounds, meaning any income generated by the fund is reinvested rather than distributed to investors. As a cash trust, its primary goal is the preservation of capital and liquidity, making it a relatively conservative investment option.
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Factors

Investment Performance: How well the fund's holdings perform directly impacts its price. Strong gains boost the price, while losses decrease it.

Market Conditions: Broad economic trends and market sentiment influence investor appetite and fund valuation. Optimism drives prices up; pessimism lowers them.

Fund Flows: Significant inflows increase demand and can raise the price. Outflows can create selling pressure, pushing the price down.

Management Fees: The fund's expense ratio affects its overall return, indirectly influencing its price compared to similar funds.

Currency Fluctuations: For funds investing in foreign assets, currency exchange rates can impact the fund's value in GBP, affecting the price.

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