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IE00BK4PZV64

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Analysis and statistics

  • Open
    140.1268$
  • Previous Close
    140.1268$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

IE00BK4PZV64 is the ISIN (International Securities Identification Number) for the iShares Core MSCI World UCITS ETF USD (Acc), a financial product typically categorized as an Exchange Traded Fund (ETF). It is a passively managed fund designed to track the performance of the MSCI World Index, which represents the large and mid-cap equity performance across 23 developed market countries. The "USD (Acc)" part of the name indicates that the fund is denominated in US dollars and that any income (dividends) generated by the underlying holdings are accumulated within the fund, rather than being distributed to investors. The "UCITS" designation confirms that the fund adheres to the Undertakings for Collective Investment in Transferable Securities regulations, a standardized regulatory framework for investment funds within the European Union.

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Factors

Underlying Asset Performance: EUFUND's price is heavily influenced by the performance of the assets it holds, primarily European equities. Positive returns in these equities generally lead to a rise in the fund's price.

Market Sentiment: Overall market sentiment towards European equities plays a crucial role. Optimism about the European economy can drive investment into the fund, increasing demand and its price.

Interest Rates: Interest rate changes in Europe can affect the attractiveness of equities versus bonds. Lower rates can boost equity valuations, positively impacting EUFUND's price.

Currency Fluctuations: As the fund invests in European assets, currency fluctuations between the Euro and other currencies (like USD or GBP) can impact returns and thus the fund's price. A stronger Euro benefits the fund.

Fund Flows: Large inflows or outflows of capital into or out of EUFUND can affect its price. High demand can push prices up, while large redemptions can force the fund to sell assets, potentially lowering the price.

Expense Ratio: The fund's expense ratio, which includes management fees and operating expenses, reduces the overall return and can indirectly affect the price over time compared to similar lower-cost funds.

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