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LU0438093006

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Analysis and statistics

  • Open
    13.036$
  • Previous Close
    13.036$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

LU0438093006 is the ISIN (International Securities Identification Number) for a specific fund. While ".EUFUND" is not a standard suffix, it's likely used internally by a platform or data provider to categorize or identify this particular fund. Based on publicly available information, LU0438093006 refers to JPM Global Income Fund - EUR (hedged) A (acc) - EUR. This is a sub-fund of JPMorgan Funds, a Luxembourg-domiciled SICAV (Société d'Investissement à Capital Variable) that invests primarily in a globally diversified portfolio of income-generating securities. The EUR (hedged) denomination indicates the fund is hedged against currency fluctuations to minimize the impact on Euro-based investors. The "A (acc)" designation means it's an accumulating share class, meaning income generated by the fund is reinvested within the fund itself, rather than being distributed to investors.

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Factors

Fund Performance: Past and present performance of the fund directly impacts its price. Strong performance attracts investors, increasing demand and thus the price.

Market Conditions: Overall market trends, economic indicators, and investor sentiment influence the fund's value. Positive market conditions typically lead to price increases.

Interest Rates: Changes in interest rates can affect the value of the underlying assets held by the fund, impacting its price.

Fund Flows: Large inflows of capital increase demand and price, while outflows decrease demand and price.

Management Fees: High management fees can negatively impact returns and potentially lower the fund's price compared to similar funds with lower fees.

Underlying Assets: The performance of the securities held within the fund portfolio directly determines the fund's net asset value (NAV), which significantly influences the price.

Currency Fluctuations: Since it is an EU fund, exchange rate fluctuations between the euro and other currencies can affect its price for investors in other regions.

Regulatory Changes: New regulations or changes in existing financial regulations can impact the fund's investment strategy and potentially its price.

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