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LU1123736164

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1d
1w
1m

Analysis and statistics

  • Open
    24.1625$
  • Previous Close
    24.1625$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU1123736164.EUFUND refers to the share class of the Franklin Templeton Global Convertible Securities Fund N (acc) EUR-H1. It's an investment fund managed by Franklin Templeton that invests in convertible securities globally. The "(acc)" in the name indicates that the fund is accumulating, meaning that any income generated by the fund is reinvested back into the fund rather than being distributed to investors. "EUR-H1" signifies that the fund is denominated in Euro (EUR) and is hedged against fluctuations in the EUR/USD exchange rate. This hedging strategy aims to protect the value of the investment for Euro-based investors from changes in the US dollar relative to the Euro.
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Factors

Fund Performance: Past and present returns influence investor demand and perceived value.

Market Conditions: Broad economic trends, interest rates, and geopolitical events impact asset valuations within the fund.

Underlying Assets: The performance of the fund's specific holdings, like stocks or bonds, directly affects its overall price.

Fund Management: Decisions by the fund manager, including asset allocation and security selection, play a crucial role.

Investor Sentiment: General optimism or pessimism in the market can drive buying or selling pressure, affecting fund price.

Expense Ratio: Higher fees charged by the fund can erode returns and potentially lower its relative price compared to similar funds.

Currency Fluctuations: For international funds, exchange rate changes can impact the value of assets when converted to the fund's base currency.

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