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GB00BMZN0J68

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1d
1w
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Analysis and statistics

  • Open
    1.738$
  • Previous Close
    1.738$
  • 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

GB00BMZN0J68.EUFUND is the SEDOL code for the Legal & General European Index Trust. This fund aims to track the performance of the FTSE Developed Europe ex UK Index, providing investors with exposure to a broad range of European equities, excluding those listed in the United Kingdom. It is designed to offer a low-cost way to invest in the European stock market, replicating the index's holdings as closely as possible.
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Factors

The output should not contain any additional information. Underlying Asset Performance: The fund's net asset value is directly impacted by the performance of its underlying investments, primarily European equities.

Market Sentiment: Broad market optimism or pessimism towards European stocks affects fund demand and thus price.

Economic Conditions: European economic indicators like GDP growth, inflation, and interest rates influence investor confidence.

Currency Fluctuations: Changes in the Euro exchange rate can impact returns for investors holding the fund in other currencies.

Fund Management Strategy: The fund manager's investment decisions and portfolio allocation directly affect performance.

Expense Ratio: The fund's operating expenses reduce overall returns, impacting its attractiveness and price.

Investor Demand: Higher demand for the fund drives up its price, while increased selling pressure can lower it.

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