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GB00BKSB1H89

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1d
1w
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Analysis and statistics

  • Open
    1.1482$
  • Previous Close
    1.1482$
  • 52 Week Change
    --
  • 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

GB00BKSB1H89.EUFUND refers to the Legal & General Future World ESG Developed Index Fund I Acc GBP. It is a passively managed fund that aims to track the performance of the FTSE Developed Index, incorporating environmental, social, and governance (ESG) factors to invest in companies with higher ESG ratings while excluding those with low scores or involvement in certain controversial activities.
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Gold prices analysis: Gold prices in the United Arab Emirates climb as Middle East conflict continues

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Factors

Market Sentiment: Overall investor confidence and risk appetite significantly impact fund valuations. Positive sentiment drives inflows and price increases, while negative sentiment causes outflows and price declines.

Underlying Asset Performance: The GB00BKSB1H89.EUFUND's price is directly affected by the performance of the assets it holds, such as stocks, bonds, or other securities. Higher asset values lead to higher fund prices.

Fund Management Fees: Expense ratios and other fees charged by the fund manager reduce the net return and impact the fund's price. Higher fees can lead to slower growth and potentially lower prices.

Interest Rates: Interest rate changes, especially for bond-heavy funds, have an inverse relationship. Rising rates typically decrease bond values and consequently lower fund prices. Lower rates tend to increase bond values.

Economic Conditions: Economic growth, inflation, and unemployment rates influence corporate profitability and market performance, indirectly impacting the fund's holdings and overall value. Strong economies generally support higher fund prices.

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