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IS06

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Analysis and statistics

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About

The ETF symbol IS06.F refers to the iShares MSCI World SRI UCITS ETF USD (Acc). This ETF aims to track the performance of an index composed of companies with outstanding Environmental, Social and Governance (ESG) ratings, excluding those involved in activities deemed inconsistent with SRI (Socially Responsible Investing) values. It provides exposure to a broad range of developed market equities while incorporating sustainability considerations. The 'Acc' in the name signifies that the ETF accumulates dividends, reinvesting them within the fund rather than distributing them to investors. The fund is denominated in USD.
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Factors

Underlying Asset Performance: IS06.F's price heavily depends on the performance of the assets it tracks, primarily shares of Tencent. If Tencent shares rise, IS06.F usually follows.

Supply and Demand: High demand for IS06.F versus its supply drives the price up, while increased selling pressure lowers it. Market sentiment influences this.

Index Tracking Accuracy: How closely IS06.F mirrors its benchmark index, often the FTSE China 50, impacts its price. Tracking errors can cause deviations.

Management Fees and Expenses: The ETF's operating costs are deducted from returns, slightly affecting its price compared to the underlying asset's pure movement.

Currency Exchange Rates: Fluctuations between the Hong Kong dollar (where Tencent trades) and other currencies can influence the ETF's price for international investors.

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