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GB00BNDQ9K80

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1d
1w
1m

Analysis and statistics

  • Open
    110.9929$
  • Previous Close
    110.9929$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GB00BNDQ9K80 represents a Sterling Corporate Bond Index fund traded on the London Stock Exchange, commonly referred to as EUFUND. This exchange-traded fund (ETF) aims to replicate the performance of an index composed of Sterling-denominated corporate bonds. Investors utilize this fund to gain diversified exposure to the UK corporate bond market, potentially offering a yield-based return with associated credit and interest rate risks inherent in fixed income investments.
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Factors

Performance of Underlying Assets: The fund's price is directly linked to the performance of the assets it holds, typically bonds. Higher bond prices increase the fund's value.

Interest Rate Movements: Rising interest rates generally decrease bond prices, negatively impacting the fund. Conversely, falling rates usually increase the fund's value.

Credit Risk: Changes in the creditworthiness of bond issuers within the fund affect its price. Downgrades decrease value; upgrades increase it.

Inflation Expectations: Higher inflation expectations can lead to higher interest rates, lowering bond values and the fund's price.

Market Sentiment: General investor confidence and risk appetite impact bond demand and prices, affecting the fund.

Fund Management Decisions: The fund manager's asset allocation and security selection choices impact fund performance and price.

Supply and Demand: Increased demand for the fund can drive up its price, while higher selling pressure can lower it.

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