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LU1291153945

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1w
1m

Analysis and statistics

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About

LU1291153945 is the ISIN (International Securities Identification Number) for a fund. It identifies a specific share class of the Amundi Index MSCI Emerging Markets UCITS ETF DR, which tracks the performance of the MSCI Emerging Markets Index. This ETF is domiciled in Luxembourg and is designed to replicate the returns of a broad range of companies from emerging market countries. "EUFUND" likely refers to the fund being an EU Undertaking for Collective Investment in Transferable Securities (UCITS), a regulatory framework that allows funds to be sold across Europe.
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Factors

[Underlying Asset Performance]: The performance of the assets held within the LU1291153945.EUFUND portfolio directly impacts its price. Positive asset returns increase the fund's net asset value (NAV), while negative returns decrease it.

[Market Sentiment]: Overall market sentiment towards the asset classes and regions in which the fund invests can influence investor demand, affecting the fund's price, particularly if traded on an exchange.

[Interest Rate Changes]: Changes in interest rates can affect the valuation of fixed-income securities held by the fund, as well as influence overall investment attractiveness relative to other asset classes.

[Fund Management Fees]: The fund's expense ratio, which includes management fees and other operational costs, reduces the overall return and can indirectly impact the price by affecting its relative attractiveness.

[Currency Exchange Rates]: If the fund invests in assets denominated in currencies other than the fund's base currency, fluctuations in exchange rates will impact the fund's value when translated back to the base currency.

[Supply and Demand]: The relative supply and demand for shares of the LU1291153945.EUFUND in the market will influence its price, especially for exchange-traded funds (ETFs). Increased demand typically drives prices up, while increased supply drives them down.

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