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IM2A

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Analysis and statistics

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About

IM2A.XETRA represents an exchange-traded fund (ETF) traded on the XETRA exchange, which is the electronic trading platform of the Frankfurt Stock Exchange. This specific ETF tracks the performance of the MSCI ACWI IMI Islamic M100 UCITS ETF, providing investors exposure to a broad range of large, mid, and small-cap companies adhering to Islamic investment principles from developed and emerging markets globally. The “M100” in the name indicates that the ETF focuses on the top 100 Shariah-compliant companies based on market capitalization. This ETF allows investors seeking ethical or Shariah-compliant investments to gain diversified exposure to a global equity portfolio.
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Factors

Supply and Demand: Increased buying pressure drives prices up, while increased selling pressure pushes them down. This is influenced by investor sentiment and market conditions.

Underlying Asset Performance: IM2A.XETRA tracks an index. The performance of the securities within that index directly affects the ETF's price.

Currency Exchange Rates: As a XETRA-listed ETF, currency fluctuations between the euro and the currencies of the underlying assets can impact its price.

Expense Ratio: The ETF's annual expense ratio can indirectly influence its price, although this is a small, gradual effect.

Tracking Error: How closely the ETF mirrors its index. Higher tracking error could cause deviations from the expected price, though typically minimal.

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