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LU0474116539

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Analysis and statistics

  • Open
    1939.6303$
  • Previous Close
    1939.6303$
  • 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

LU0474116539.EUFUND refers to the Pictet-Short Term Money Market SI EUR, a Euro-denominated short-term money market fund managed by Pictet Asset Management. This fund invests primarily in short-term debt instruments and aims to provide a return in line with prevailing money market rates, offering investors a relatively liquid and low-risk investment option for their Euro-denominated cash holdings.

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Factors

Fund Performance: Past performance and its consistent outperformance or underperformance relative to its benchmark will impact investor demand, thereby affecting the fund's price.

Market Conditions: Overall economic trends, investor sentiment, and conditions within specific sectors influence the fund's net asset value (NAV).

Interest Rates: Changes in interest rates can affect the attractiveness of the fund's underlying assets, influencing its price.

Fund Management: Decisions made by the fund manager regarding asset allocation, security selection, and risk management affect the fund's returns and price.

Expense Ratio: The fund's operating expenses, including management fees, impact its net return and attractiveness to investors.

Fund Size: A very large or very small fund size can sometimes impact liquidity and trading costs, indirectly affecting the price.

Regulatory Changes: New laws or regulations affecting the fund's investment strategy or the assets it holds can alter its value.

Currency Fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes will impact its price.

Investor Demand: High demand for the fund can drive its price up, while low demand can cause it to fall.

Geopolitical Events: Major global events like wars, political instability, or trade disputes can significantly impact the market and the fund's price.

Underlying Holdings: The performance and value of the specific assets (e.g., stocks, bonds, real estate) held by the fund directly drive its NAV and thus the price.

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