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IE000J6Z1Q53

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1d
1w
1m

Analysis and statistics

  • Open
    9.4517$
  • Previous Close
    9.4517$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The financial product with the symbol IE000J6Z1Q53.EUFUND refers to the iShares MSCI World Momentum Factor UCITS ETF. This is an exchange-traded fund (ETF) that aims to track the investment results of an index composed of global equities exhibiting relatively higher momentum characteristics. The ETF is domiciled in Ireland and provides exposure to developed market companies worldwide that have experienced strong recent price increases.
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Factors

Underlying Asset Performance: The fund's price largely mirrors the performance of its underlying investments, primarily European equities. A strong European stock market generally increases the fund's value.

Supply and Demand: High investor demand can drive the fund's price up, while increased selling pressure can lower it.

Fund Management Fees: The fund's expense ratio, covering management and operational costs, reduces the overall return and thus the price.

Currency Exchange Rates: Fluctuations in the Euro's value against other currencies (especially if the fund is traded in a different currency) impact the fund's price.

Economic Conditions: Broad economic factors in Europe, like GDP growth, inflation, and interest rates, influence the performance of the underlying companies and hence the fund.

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