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LU0823438733

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Analysis and statistics

  • Open
    195.134$
  • Previous Close
    195.134$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

LU0823438733 is an ISIN (International Securities Identification Number) that uniquely identifies a specific financial product. In this case, it refers to the **European High Yield Bond Fund (EUFUND)**, managed by Allianz Global Investors. This fund primarily invests in high-yield corporate bonds denominated in Euro. The aim of the fund is to generate income and capital appreciation by investing in a diversified portfolio of these bonds. As a high-yield fund, it carries a higher degree of risk compared to funds investing in investment-grade bonds due to the lower credit ratings of the issuers.
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Factors

Fund Performance: The fund's past and current performance relative to its benchmark and peers directly impacts investor demand, affecting the price.

Market Conditions: Overall market sentiment, economic indicators, and geopolitical events influence investor confidence and fund valuations.

Interest Rates: Changes in interest rates affect the attractiveness of fixed-income investments held by the fund and influence overall market liquidity.

Fund Flows: Inflows increase demand and potentially raise the price, while outflows can decrease demand and lower the price.

Management Expertise: The fund manager's skill and investment strategy significantly impact the fund's performance and investor confidence.

Expense Ratio: Higher expense ratios can detract from returns and potentially reduce the fund's attractiveness, impacting its price.

Underlying Assets: The value and performance of the assets held within the fund's portfolio directly influence the fund's overall net asset value and price.

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