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IE00BMD8FW12

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1d
1w
1m

Analysis and statistics

  • Open
    1.0457$
  • Previous Close
    1.0457$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

IE00BMD8FW12 is the ISIN (International Securities Identification Number) for a fund. The ".EUFUND" designation is not a standard or officially recognized extension appended to fund ISINs. Therefore, it's likely a proprietary identifier used within a specific database, system, or platform, potentially to categorize the fund further, indicate its eligibility under certain regulations, or denote its inclusion in a specific investment universe offered by a financial institution. Without knowing the specific context in which ".EUFUND" is being used, it's impossible to definitively state its meaning, but it almost certainly pertains to a more granular internal classification of the fund, potentially related to its compliance status or inclusion in a particular investment scheme.
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Factors

Underlying Asset Performance: The fund's price directly reflects the performance of the assets it holds, primarily European equities.

Market Sentiment: Overall investor confidence and risk appetite in the European stock market influence fund demand and price.

Economic Conditions: Factors like GDP growth, inflation, interest rates, and unemployment in Europe affect company earnings and the fund's value.

Currency Fluctuations: Exchange rate movements between the Euro and other currencies impact returns if the fund invests internationally.

Fund Management Expertise: The skill of the fund manager in selecting and weighting assets contributes to outperformance or underperformance.

Expense Ratio: The fund's operating expenses (management fees, administrative costs) reduce returns and can affect its price.

Supply and Demand: High demand for the fund can push up its price, while selling pressure can lower it.

Regulatory Changes: Changes in regulations affecting the European financial market or the fund's structure impact its operations and value.

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