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IBCN

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1d
1w
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Analysis and statistics

  • Open
    162.8783$
  • Previous Close
    162.2358$
  • 52 Week Change
    --
  • Day Range
    0.64$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The ETF with the financial product symbol IBCN.F refers to the iShares China CNY Bond UCITS ETF USD (Acc). This ETF provides exposure to Renminbi-denominated (CNY) bonds issued in the People's Republic of China. It is designed to track the performance of an index composed of CNY-denominated government and corporate bonds, offering investors a way to access the Chinese bond market. The 'Acc' in the name indicates that the fund accumulates income, meaning dividends are reinvested back into the fund, rather than being distributed to investors. The ETF is denominated in USD and is UCITS compliant, indicating it adheres to specific European Union regulations for investment funds.
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Factors

Please keep the content concise and accurate. Underlying Bond Prices: IBCN.F's price mirrors the underlying bonds it holds; rising bond prices typically increase the ETF's value, and vice versa.

Interest Rate Changes: Rising interest rates often decrease bond prices, thus affecting IBCN.F negatively. Conversely, falling rates can increase its price.

Credit Risk: Downgrades or concerns about bond issuers' creditworthiness can lower bond prices and IBCN.F's value.

Supply and Demand: High demand for IBCN.F can push its price above its net asset value (NAV), while increased selling pressure can lower it.

Market Sentiment: Broad economic conditions and investor sentiment can influence bond markets and, consequently, IBCN.F's price.

Inflation Expectations: Higher inflation expectations can lead to higher interest rates, impacting bond prices and potentially reducing IBCN.F's value.

ETF Management Fees: Though less direct, management fees impact the overall return and thus indirectly affect the ETF's price performance over time.

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