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GB00BKP66J37

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1d
1w
1m

Analysis and statistics

  • Open
    1.4159$
  • Previous Close
    1.4159$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00BKP66J37 represents the ASI Income Fund Sterling Accumulation Class. It's an open-ended investment fund domiciled in the United Kingdom and managed by abrdn, formerly Aberdeen Standard Investments. The fund aims to provide income and some capital growth over the long term by investing primarily in sterling-denominated fixed income securities, such as government and corporate bonds. It distributes income by accumulating it within the fund, thereby increasing the net asset value per share.
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Factors

Underlying Asset Performance: EUFUND's price heavily depends on the performance of the assets it holds, primarily European equities. Strong performance boosts the fund's value.

Market Sentiment: Overall investor optimism or pessimism towards European markets significantly impacts demand for EUFUND shares, affecting its price.

Currency Fluctuations: As EUFUND invests in European assets, currency exchange rates, especially EUR/GBP, can influence the fund's returns when translated back to GBP.

Fund Management Decisions: The fund manager's investment strategies, stock selection, and asset allocation directly affect the fund's returns and, consequently, its price.

Expense Ratio & Fees: Higher expense ratios and management fees can reduce the fund's overall returns and potentially impact its attractiveness to investors, influencing its price.

Interest Rates: Changes in interest rates, particularly in Europe, can affect the valuations of companies within the EUFUND portfolio and indirectly impact its price.

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