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LU0294150569

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1d
1w
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Analysis and statistics

  • Open
    25.4356$
  • Previous Close
    25.4356$
  • 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
    --
  • Volume
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About

LU0294150569.EUFUND represents Pictet-EUR Short Term Corporate Bonds, a sub-fund of the Pictet fund family. It is a EUR-denominated bond fund that primarily invests in short-term corporate bonds issued by companies worldwide. The fund aims to generate income and preserve capital by focusing on investment grade corporate debt with a relatively short maturity profile, typically with an average portfolio duration of less than three years. The fund's performance is benchmarked against the Bloomberg Barclays Euro Corporate 1-3 Year Index.
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Factors

Underlying Assets: The performance of the assets held within the fund, such as stocks or bonds, directly impacts its price.

Market Conditions: Broad economic trends, investor sentiment, and global events can influence the overall market and affect fund valuations.

Fund Management: The skill and strategy of the fund manager in selecting and managing assets can impact returns and, therefore, the fund's price.

Supply and Demand: High demand for the fund can drive the price up, while increased selling pressure can lower it.

Expense Ratio: The fund's operating expenses, including management fees, can reduce returns and affect its price compared to similar funds.

Currency Fluctuations: Changes in exchange rates can affect the value of international assets held by the fund.

Interest Rates: Rising interest rates can negatively impact bond values within the fund, potentially lowering its price.

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