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GB00BYYQBS68

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1d
1w
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Analysis and statistics

  • Open
    116.069$
  • Previous Close
    116.069$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GB00BYYQBS68.EUFUND represents an investment fund. Specifically, it is the L&G Hydrogen Economy UCITS ETF, a passively managed exchange-traded fund (ETF) domiciled in Ireland that aims to track the performance of the Solactive Hydrogen Economy Index. This index reflects the performance of companies involved in the hydrogen economy, including those engaged in hydrogen production, distribution, and applications. The fund allows investors to gain exposure to a basket of global equities participating in the development and growth of the hydrogen sector.
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Factors

Fund Performance: Past performance and current investment strategies impact investor demand, thus affecting the fund's price.

Market Conditions: Overall market trends (bull or bear) and economic factors like interest rates and inflation influence investor sentiment and fund valuation.

Asset Allocation: The fund's mix of assets (stocks, bonds, etc.) and sector exposure determine its risk profile and potential return, directly impacting the price.

Expense Ratio: Higher fees can detract from returns, making the fund less attractive to investors compared to similar funds with lower expenses.

Investor Demand: High demand pushes the price up, while increased redemptions can force the fund to sell assets, potentially lowering the price.

Brexit Impact: The EUFUND invests in European assets, so any changes in EU regulations, policies and relationships with the UK may have a direct impact on prices.

Currency Fluctuations: As the fund may invest in assets denominated in other currencies, exchange rate fluctuations can affect the fund's value.

Geopolitical Risk: Events like political instability in Europe may deter investors, potentially leading to a decline in the fund's price.

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