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LU1496798809

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Analysis and statistics

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About

LU1496798809 is the ISIN (International Securities Identification Number) for the fund Allianz Global Artificial Intelligence, which is a sub-fund of Allianz Global Investors Fund. It focuses on investing in companies involved in the development, production, or application of artificial intelligence and related technologies. The ".EUFUND" suffix indicates that this particular fund is marketed and available for purchase in European markets.
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Factors

Market Performance: The overall performance of the market where the fund invests directly impacts its price. A rising market generally increases fund value.

Underlying Assets: The price is directly influenced by the value of the assets (e.g., stocks, bonds) held within the fund's portfolio.

Fund Manager Expertise: The skills of the fund manager in selecting and managing assets significantly affect returns and, therefore, price.

Investor Demand: High demand can drive up the fund's price, while low demand can decrease it.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth influence the value of the fund's investments.

Fund Expenses: Management fees and other operational expenses are deducted from fund assets, impacting the return and ultimately the price.

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