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IE00BNGY0956

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Analysis and statistics

  • Open
    36894.843$
  • Previous Close
    36894.843$
  • 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
    --
  • Beta
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  • Volume
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About

IE00BNGY0956 is the ISIN (International Securities Identification Number) for the iShares Electric Vehicles and Driving Technology UCITS ETF, listed on the EuroNext exchanges. This exchange-traded fund (ETF) aims to track the investment results of an index composed of companies that could benefit from the increased adoption of electric vehicles and driving technologies. These companies are involved in areas like electric vehicle production, battery technology, autonomous driving systems, and related infrastructure. The ETF provides investors with exposure to a broad range of companies involved in the electric vehicle and autonomous driving ecosystem.
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Factors

Market Sentiment: General investor optimism or pessimism significantly impacts fund flows and valuations.

Underlying Asset Performance: The performance of the bonds held within the fund directly affects its net asset value (NAV).

Interest Rate Changes: Rising interest rates typically decrease bond values, potentially lowering the fund's price.

Credit Risk: Downgrades or defaults in the bond holdings can negatively impact the fund's value.

Fund Management Strategy: The skill and strategy of the fund manager in selecting and managing bonds influence performance.

Expense Ratio: Higher fees can reduce returns, indirectly affecting investor demand and fund price.

Supply and Demand: Greater demand increases the fund's price, while excess supply can decrease it.

Economic Conditions: Broad economic factors like inflation, growth, and unemployment influence bond yields and investor sentiment.

Geopolitical Events: Political instability or major global events can create market uncertainty and impact fund values.

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