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IQQ4

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Analysis and statistics

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About

IQQ4.F refers to the iShares MSCI World Momentum Factor UCITS ETF (Acc), listed on the Frankfurt Stock Exchange. This ETF tracks the performance of an index composed of global developed market equities exhibiting relatively higher momentum characteristics, which means it invests in companies whose stock prices have been rising. The "Acc" in the name indicates that the ETF accumulates dividends, reinvesting them back into the fund rather than distributing them to investors.

Factors

Underlying Index Performance: IQQ4.F's price closely tracks its underlying index, the MSCI World ex Australia Index. Index fluctuations directly impact the ETF's value.

Supply and Demand: Market forces of supply and demand influence IQQ4.F's price. Higher demand pushes the price up, while increased selling pressure leads to a decrease.

Currency Exchange Rates: As the ETF holds international assets, currency exchange rates, especially AUD versus other currencies, affect the ETF's price.

Management Fees and Expenses: The ETF's expense ratio and other management fees can indirectly impact its price by slightly reducing returns compared to the underlying index.

Economic and Political Events: Global economic conditions, political instability, and major events in the countries represented in the underlying index can affect stock valuations and thus the ETF's price.

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