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LU0661985969

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1d
1w
1m

Analysis and statistics

  • Open
    468.5841$
  • Previous Close
    468.5841$
  • 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

LU0661985969 is the ISIN (International Securities Identification Number) for a fund. Based on this ISIN, it refers to the Pictet-Global Megatrend Selection-I EUR fund. This is a Luxembourg-domiciled investment fund managed by Pictet Asset Management. The fund typically invests in a diversified portfolio of global equities, selecting companies that are expected to benefit from long-term structural trends or "megatrends" such as technological advancements, demographic shifts, and environmental changes. The "I EUR" designation usually indicates an institutional share class denominated in Euro. Potential investors should consult the fund's official prospectus and Key Investor Information Document (KIID) for complete details on the fund's investment objectives, strategies, risks, fees, and performance.
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Factors

Fund Performance: Past performance and current holdings influence investor demand and thus the price. A strong track record usually attracts more investors.

Market Conditions: Broad economic trends, sector-specific performance, and overall investor sentiment significantly impact the value of fund assets.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income assets within the fund, influencing its overall valuation.

Currency Fluctuations: If the fund invests in assets denominated in different currencies, exchange rate changes can impact the fund's net asset value (NAV).

Management Fees: The fund's expense ratio, including management and administrative fees, directly affects the fund's returns and thus the price.

Investor Demand: High demand drives up the price, while net outflows can put downward pressure on the fund's value.

Political & Regulatory: Governmental policies, regulations, and geopolitical events can significantly impact the market, affecting the underlying assets and price.

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