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IS0P

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1m

Analysis and statistics

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About

IS0P.F refers to the iShares MSCI World Islamic UCITS ETF USD (Acc). It is an Exchange Traded Fund (ETF) that aims to track the performance of the MSCI World Islamic Index, which represents the global equity markets while adhering to Shariah investment principles. The ETF is domiciled in Ireland and traded on the Frankfurt Stock Exchange (hence the ".F" suffix). It seeks to provide investors with exposure to a diversified portfolio of global companies that comply with Islamic finance standards.
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Factors

Underlying Index Performance: IS0P.F's price closely tracks the Solactive ISS ESG Screened Paris Aligned Developed Markets Index. If the index rises, the ETF's price generally rises, and vice versa.

Supply and Demand: High demand for IS0P.F can push its price above its net asset value (NAV), creating a premium. Conversely, high selling pressure can cause a discount.

Net Asset Value (NAV): The NAV represents the total value of the ETF's holdings per share. The market price tends to stay close to the NAV, though deviations can occur.

Currency Fluctuations: As IS0P.F likely holds international assets, currency exchange rates impact its value. A weakening CAD versus currencies of underlying assets boosts the ETF's price.

Management Fees and Expenses: While not directly impacting the price second-to-second, these ongoing costs reduce the ETF's overall return and therefore impact the price over time.

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