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IE00B3BF0M61

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Analysis and statistics

  • Open
    6.1276$
  • Previous Close
    6.1276$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
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  • Beta
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  • Volume
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About

IE00B3BF0M61 is the ISIN (International Securities Identification Number) for a fund. Specifically, IE00B3BF0M61.EUFUND refers to the iShares MSCI Europe SRI UCITS ETF EUR (Acc). This is an exchange-traded fund (ETF) that aims to track the performance of an index composed of European companies with outstanding Environmental, Social, and Governance (ESG) ratings, while excluding companies involved in certain activities deemed inconsistent with socially responsible investing. The ".EUFUND" suffix is sometimes appended to further clarify that it's a fund traded in Europe. The EUR (Acc) designation indicates that the fund is denominated in Euros and is an accumulating fund, meaning that dividends are reinvested into the fund rather than being distributed to investors.
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Factors

Underlying Assets: The fund's price mirrors the performance of its underlying investments, primarily stocks. Their price movements directly influence the fund's value.

Market Sentiment: Overall investor optimism or pessimism affects demand for the fund. Positive sentiment can drive prices up, while negative sentiment can cause them to fall.

Economic Conditions: Economic growth, inflation, and interest rates impact company earnings and market valuations, influencing the fund's performance.

Fund Management: The fund manager's investment decisions, stock selection, and trading strategies affect the fund's returns and, therefore, its price.

Expense Ratio: The fund's operating expenses, including management fees, impact the net return to investors and can slightly affect its price.

Supply and Demand: Higher demand for the fund relative to its supply can increase its price, and vice versa.

Currency Fluctuations: If the fund invests in international assets, changes in exchange rates can affect its value when converted back to the fund's base currency.

Sector Performance: The performance of the specific sectors in which the fund invests significantly influences its overall returns and price.

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