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GB00BNDQ9G45

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--%
1d
1w
1m

Analysis and statistics

  • Open
    103.1182$
  • Previous Close
    103.1182$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GB00BNDQ9G45 is the ISIN (International Securities Identification Number) for a GBP-denominated Sterling Corporate Bond Index fund managed by Legal & General (L&G). The ".EUFUND" likely indicates this specific share class is primarily targeted at European investors. The fund aims to track the performance of a broad Sterling-denominated corporate bond index, providing diversified exposure to debt issued by companies within the UK market, such as the Markit iBoxx GBP Corporates index. Investments in this fund can offer income generation and potential capital appreciation depending on interest rate movements and corporate bond market conditions.
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Factors

Market Interest Rates: Rising rates typically decrease bond values, as newly issued bonds offer higher yields, making existing ones less attractive. Conversely, falling rates usually increase bond values. Credit Risk: Perceived creditworthiness of the bond issuer impacts price. A downgrade can cause prices to fall, while an upgrade can cause them to rise. Inflation Expectations: Higher expected inflation erodes the real value of fixed-income investments, leading to lower bond prices. Economic Growth: Stronger economic growth can lead to higher interest rates and potentially lower bond prices. Supply and Demand: Increased supply of similar bonds can depress prices, while higher demand can push them up. Geopolitical Events: Global or regional instability can influence investor sentiment and impact bond prices, often leading to a flight to safety.

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