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ICTE

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1d
1w
1m

Analysis and statistics

  • Open
    21.2526$
  • Previous Close
    21.2526$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 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

ICTE.TO represents the iShares Core Equity ETF Portfolio, a Canadian-listed exchange-traded fund (ETF) designed to provide diversified exposure to the broad Canadian equity market. The fund seeks to replicate, to the extent possible, the performance of the iShares Core Equity Index, offering investors a cost-effective way to gain access to a wide range of Canadian stocks across various sectors and market capitalizations. It is commonly used by investors seeking a core holding for their Canadian equity allocation in a diversified portfolio.
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Factors

Here's a breakdown of factors influencing the ICTE.TO ETF price: Underlying Holdings Performance: The ICTE.TO ETF tracks an index. Performance of the companies within that index directly impacts the ETF's value.

Interest Rate Changes: Interest rate hikes can make bonds less attractive, thus lowering ICTE.TO’s price since it holds bonds.

Credit Spreads: Widening credit spreads suggest higher risk, potentially decreasing the value of corporate bonds within ICTE.TO.

Inflation Expectations: Higher inflation can erode bond values, putting downward pressure on the ICTE.TO ETF price.

Supply and Demand: Basic market forces influence the ETF’s price. Higher demand pushes prices up; increased selling leads to price drops.

ETF Management Fees: Fees and expenses charged by the ETF managers reduce the overall returns, indirectly affecting the price.

Currency Fluctuations: Currency impacts bond holdings. These holdings can affect the NAV if the currency is fluctuating.

Economic Growth: Economic expansion can trigger rising interest rates, putting a downward push on ETF prices.

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