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LU0080751232

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Analysis and statistics

  • Open
    29.585$
  • Previous Close
    29.585$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

LU0080751232.EUFUND refers to the Pictet-EUR Short Term Money Market fund. It's a Euro-denominated short-term money market fund managed by Pictet Asset Management. The fund primarily invests in short-term debt securities and aims to provide a return that is comparable to the Euro money market rates while maintaining a high degree of liquidity and capital preservation.
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Factors

Fund Performance: Past and present investment performance directly impacts price. Positive returns attract investors, increasing demand and price.

Market Conditions: Overall economic climate, sector-specific trends, and investor sentiment influence fund asset values and therefore the fund's price.

Management Fees: The expense ratio (management fees) charged reduces returns and affects the fund's net asset value (NAV) and thus its price.

Asset Allocation: The fund's investment strategy, specifically how assets are allocated, impacts risk and returns, affecting the price.

Fund Size: Larger funds may have advantages in liquidity and diversification but can face challenges in generating alpha, impacting price.

Interest Rates: Changes in interest rates can affect bond yields and valuations, influencing funds holding fixed-income assets, and price.

Currency Fluctuations: For funds holding international assets, currency exchange rate movements impact the value of investments and the price.

Regulatory Changes: New laws and regulations can affect investment strategies and operational costs, impacting performance and price.

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