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LU1065170372

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Analysis and statistics

  • Open
    20.4327$
  • Previous Close
    20.4327$
  • 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

LU1065170372 is the ISIN (International Securities Identification Number) for a fund. This particular ISIN refers to the Amundi Index MSCI Europe UCITS ETF DR, an exchange-traded fund (ETF) managed by Amundi Asset Management. The fund aims to replicate the performance of the MSCI Europe Index, which represents large and mid-cap equity performance across developed markets countries in Europe. The ".EUFUND" likely indicates that the fund is marketed or available to investors within the European Union and confirms its status as a UCITS (Undertakings for Collective Investment in Transferable Securities) compliant fund, adhering to EU regulations for investor protection and transparency.
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Factors

Underlying Assets' Performance: The fund's net asset value (NAV) directly reflects the performance of its underlying investments, be it stocks, bonds, or other assets. Positive returns in these holdings drive the fund's price up, and vice versa. Market Conditions: Broad market trends, such as economic growth, inflation, interest rate changes, and investor sentiment, significantly impact asset valuations and therefore affect the fund's price. Fund Flows: Significant inflows into the fund can increase demand and potentially push the price higher, while substantial outflows can lead to selling pressure and lower the price. Expense Ratio: A higher expense ratio, representing the costs of managing the fund, reduces the fund's net return and indirectly affects its price over time. Currency Fluctuations: Since the fund is denominated in EUR, fluctuations in the EUR exchange rate against other currencies, particularly those of the underlying assets' countries of origin, can influence the fund's price.

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