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LU0090979021

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1d
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Analysis and statistics

  • Open
    383.5097$
  • Previous Close
    383.5097$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

LU0090979021.EUFUND represents an investment fund, specifically the Pictet-Global Megatrend Selection -P EUR fund. This fund, managed by Pictet Asset Management S.A., invests globally in companies that are expected to benefit from long-term societal trends such as demographic shifts, resource scarcity, and technological advancements. It aims to achieve capital growth by selecting companies across different sectors and market capitalizations, adhering to a defined investment process focused on identifying and capitalizing on these megatrends.
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Factors

Fund Performance: The historical and current returns of LU0090979021.EUFUND directly impact its price, with higher performance generally leading to increased demand and a higher price.

Underlying Asset Values: The fund's price is significantly influenced by the value of the assets it holds, such as stocks, bonds, or other securities. Fluctuations in these asset values directly affect the fund's Net Asset Value (NAV) and therefore its price.

Market Conditions: Broader economic factors like interest rates, inflation, and overall market sentiment can influence investor demand for the fund, thereby affecting its price.

Fund Management: The expertise and strategic decisions of the fund's management team play a crucial role in its performance and subsequent price. Effective management can attract investors and drive up the price.

Investor Demand: Increased investor demand for LU0090979021.EUFUND will generally push the price upward, while decreased demand can lead to a price decline.

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