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LU0130393993

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Analysis and statistics

  • Open
    119.5758$
  • Previous Close
    119.5758$
  • 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

LU0130393993.EUFUND refers to Pictet-EUR Short Term High Yield P, a Luxembourg-domiciled fund managed by Pictet Asset Management. It invests primarily in a diversified portfolio of short-term, sub-investment grade debt securities denominated in Euro. The fund aims to generate income and capital appreciation by taking on higher credit risk within a relatively short maturity profile, which helps to manage interest rate sensitivity. Investors should be aware of the elevated credit risk associated with high yield bonds.
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Factors

Underlying Asset Performance: The fund's price is significantly influenced by the performance of the assets it holds, which are primarily European equities.

Market Conditions: Overall market sentiment, economic data releases, and geopolitical events in Europe and globally affect investor confidence and trading activity, impacting fund price.

Fund Management Strategy: Investment decisions and the fund manager's skill in selecting and allocating assets directly influence fund returns and subsequent price.

Supply and Demand: Investor demand for the fund relative to the available supply can cause price fluctuations, especially during periods of high volatility.

Expense Ratio and Fees: Management fees, operating expenses, and other costs associated with running the fund are deducted from returns, affecting the net asset value and fund price.

Currency Exchange Rates: Fluctuations in the euro (EUR) against other currencies can affect the value of the fund for investors holding it in non-euro denominations.

Interest Rate Changes: Changes in interest rates set by the European Central Bank (ECB) can impact corporate profitability and bond yields, indirectly affecting equity valuations and the fund's price.

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