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LU1490785331

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Analysis and statistics

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About

LU1490785331 is the ISIN (International Securities Identification Number) for a financial product. ISINs uniquely identify securities, including funds. LU1490785331 specifically refers to the fund "Amundi Index MSCI Emerging Markets SRI UCITS ETF DR," a passively managed exchange-traded fund (ETF) offered by Amundi. The fund aims to replicate the performance of the MSCI Emerging Markets SRI Filtered PAB Index, which tracks large and mid-cap companies from emerging markets exhibiting strong environmental, social, and governance (ESG) profiles and aligned with Paris Aligned Benchmark requirements. The "EUFUND" portion likely relates to categorization or regulatory alignment within the European Union's financial framework, possibly indicating its compliance with EU standards for sustainable investments or reporting requirements.
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Factors

Underlying Asset Performance: The fund's price is heavily influenced by the performance of the assets it holds. This includes stocks, bonds, or other instruments.

Market Sentiment: General investor optimism or pessimism towards the market sector or geography the fund invests in impacts its value.

Fund Management Decisions: The fund manager's ability to select profitable investments and manage risk affects the fund's returns and therefore its price.

Expense Ratio and Fees: Higher expenses reduce net returns, impacting the fund's price compared to similar lower-cost funds.

Supply and Demand: Increased demand for the fund pushes the price up, while higher selling pressure can lower the price.

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