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GB00BNDM9W85

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1d
1w
1m

Analysis and statistics

  • Open
    1.4458$
  • Previous Close
    1.4458$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00BNDM9W85.EUFUND refers to the iShares Core £ Corporate Bond UCITS ETF GBP (Dist). This is an exchange-traded fund (ETF) that aims to track the performance of an index composed of Sterling-denominated investment grade corporate bonds. The "GB00BNDM9W85" is its ISIN (International Securities Identification Number), a unique identifier for the fund. The ".EUFUND" likely indicates that this information is specifically pulled from a European financial database or platform that uses that notation. The ETF is designed to provide investors with diversified exposure to the UK corporate bond market in a cost-effective manner.
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Factors

Interest Rates: Rising interest rates typically decrease bond prices, as newly issued bonds offer higher yields, making existing lower-yielding bonds less attractive.

Credit Risk: Perceived risk of the bond issuer defaulting impacts the price. Higher risk means lower prices.

Inflation: Rising inflation erodes the real value of fixed income payments, leading to lower bond prices.

Economic Growth: Strong economic growth may lead to higher interest rates and inflation, negatively affecting bond prices.

Market Sentiment: Overall investor confidence and risk appetite influence demand for bonds, impacting prices.

Liquidity: How easily the bond can be bought or sold affects its price. Less liquid bonds may trade at a discount.

Supply and Demand: Increased supply of similar bonds can lower prices, while higher demand can increase them.

Currency Fluctuations: For bonds denominated in a foreign currency, exchange rate changes can impact returns for investors.

Fund Management Strategy: Decisions made by the fund manager regarding asset allocation and duration can influence performance.

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