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GB00BKT89L81

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Analysis and statistics

  • Open
    157.8103$
  • Previous Close
    157.8103$
  • 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

GB00BKT89L81 is the ISIN (International Securities Identification Number) for the Legal & General Global Equity Index Fund I Acc GBP. This fund is designed to track the performance of the FTSE All-World Index, providing investors with broad exposure to global equities. It aims to replicate the index's returns by holding a portfolio of stocks that mirror its composition. As an accumulation fund (Acc), any income generated is reinvested within the fund rather than being distributed to investors, potentially contributing to capital growth over time.
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Factors

FactorName: Underlying Asset Performance

The primary driver is the performance of the assets held within the EUFUND. Positive performance increases the fund's net asset value (NAV), pushing the price up. Conversely, negative performance decreases NAV and the fund's price. FactorName: Investor Demand

High demand for the fund increases its price, while low demand can lead to price decreases. This reflects the balance between buyers and sellers in the market. FactorName: Market Sentiment

Overall market sentiment, especially towards European equities, influences the fund's price. Positive sentiment encourages investment, increasing demand and price. Negative sentiment does the opposite. FactorName: Economic Conditions

Economic factors in Europe, such as GDP growth, inflation, and interest rates, impact the performance of the underlying assets and investor sentiment, thereby affecting the fund's price. FactorName: Fund Expenses

The fund's management fees and operating expenses are deducted from its NAV, indirectly influencing its price. Higher expenses can reduce returns and potentially lower the fund's price relative to similar funds.

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