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GB00BYW6SN23

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Analysis and statistics

  • Open
    106.9156$
  • Previous Close
    106.9156$
  • 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

GB00BYW6SN23 represents the HSBC Global Investment Funds Global Equity Climate Change UCITS ETF, an exchange-traded fund (ETF) managed by HSBC Global Asset Management. This ETF aims to replicate the performance of the FTSE All-World Developed Climate Balanced Factor Index, tracking companies demonstrating a proactive approach to climate change mitigation and opportunities. The fund invests in equities of companies located worldwide that meet specific criteria related to environmental performance and sustainability.
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Factors

Underlying Asset Performance: The fund's price heavily depends on the performance of the assets it holds, such as stocks or bonds, within the Eurozone.

Market Sentiment: Overall investor confidence and risk appetite towards Eurozone markets can significantly impact demand and, therefore, the fund's price.

Currency Fluctuations: Changes in the Euro's exchange rate against other currencies (like GBP if you're based in the UK) influence the fund's value when converted.

Interest Rate Changes: Adjustments to interest rates by the European Central Bank (ECB) affect the value of fixed-income securities within the fund.

Fund Management Fees: The fund's operating expenses, including management fees, are deducted from its assets, indirectly impacting returns and price.

Economic Data Releases: Key economic indicators like GDP growth, inflation, and unemployment figures for the Eurozone member states can move the market.

Political Events: Geopolitical events and political instability within the Eurozone area and elections can impact market confidence.

Supply and Demand: Basic economic principles of supply and demand for the fund shares directly influence its price in the market.

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