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IUFR-U

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1d
1w
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Analysis and statistics

  • Open
    20.3344$
  • Previous Close
    20.3344$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

IUFR-U.TO represents the iShares US Fallen Angels USD Hedged ETF. This ETF is designed to track the performance of an index composed of U.S. dollar-denominated high yield corporate bonds (also known as "junk bonds") that were originally issued as investment grade but have since been downgraded. The "USD Hedged" portion of the name indicates that the ETF employs strategies to reduce the impact of currency fluctuations between the U.S. dollar and the Canadian dollar.
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Factors

Underlying Fund Performance: IUFR-U.TO's price closely tracks the underlying fund's performance. If the assets held by the fund rise in value, IUFR-U.TO will likely increase.

Supply and Demand: High demand for IUFR-U.TO can drive up its price, while increased selling pressure can lead to a price decrease.

Currency Fluctuations: As IUFR-U.TO likely holds foreign assets, currency fluctuations impact its price. A strengthening Canadian dollar could reduce returns, and vice versa.

Market Sentiment: Overall market sentiment and investor risk appetite influence demand for IUFR-U.TO, affecting its price.

Interest Rates: Changes in interest rates can indirectly impact IUFR-U.TO's value, particularly if the underlying assets are sensitive to interest rate movements.

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