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GSSBO

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1d
1w
1m

Analysis and statistics

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About

GSSBO.PA is the financial product symbol for the iShares Core MSCI Global Aggregate Bond UCITS ETF EUR Hedged (Acc). This ETF aims to track the performance of the Bloomberg Global Aggregate Bond EUR Hedged index, providing exposure to a broad range of investment grade government, corporate, and securitized bonds from developed and emerging markets, while hedging the currency risk back to Euros. It is listed on the Euronext Paris stock exchange.
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Factors

Underlying Bond Prices: GSSBO.PA's price primarily reflects the value of bonds it holds.

Interest Rate Changes: Rising rates usually lower bond values, impacting the ETF's NAV.

Credit Spreads: Widening spreads signal higher default risk, decreasing bond and ETF prices.

Supply and Demand: Higher demand can drive the ETF price above its net asset value (NAV).

Market Sentiment: Overall investor confidence in the bond market affects ETF trading.

Expense Ratio: The fund's operating costs detract slightly from returns over time.

Inflation Expectations: Higher inflation erodes bond values, pressuring the ETF's price.

Currency Fluctuations: Since it is EUR based ETF, its USD bond holdings will be affected if EUR/USD exchange rate changes.

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