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LU0996527213

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Analysis and statistics

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About

LU0996527213 is the ISIN (International Securities Identification Number) for a fund, specifically a sub-fund of the Pictet-Global Megatrend Selection fund family called Pictet-Clean Energy P EUR. This fund invests primarily in companies worldwide that contribute to or benefit from the transition to cleaner energy sources and technologies. It aims to capture the growth potential of the clean energy sector, focusing on themes such as renewable energy, energy efficiency, and related infrastructure. The "P EUR" designation usually indicates that the fund is an accumulation share class denominated in Euros.
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Factors

Fund Performance: The underlying assets' performance directly impacts the fund's price. Strong performance leads to price increases.

Market Conditions: Broad market trends, economic indicators, and investor sentiment influence demand and thus, the fund's price.

Interest Rates: Changes in interest rates can affect the value of bonds held within the fund, influencing its overall price.

Currency Fluctuations: As an EU fund, currency exchange rates between the fund's base currency and other currencies play a role.

Management Fees: High management fees can eat into returns, potentially affecting the fund's price over time.

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