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LU1823088627

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Analysis and statistics

  • Open
    16200.0373$
  • Previous Close
    16200.0373$
  • 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

LU1823088627 is an ISIN (International Securities Identification Number) that identifies a specific share class of a financial fund. Specifically, LU1823088627 refers to a share class within the Amundi Index MSCI Europe SRI UCITS ETF DR, a fund designed to track the MSCI Europe SRI index. This index focuses on companies with high environmental, social, and governance (ESG) ratings within the European equity market. Therefore, the fund seeks to replicate the performance of these socially responsible European companies by investing in a representative basket of their shares.
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Factors

Fund Performance: Historical and current performance greatly influences price. Strong returns attract investors, increasing demand and price.

Market Conditions: Overall market trends, economic growth, and investor sentiment impact fund value. Bull markets boost prices, while downturns depress them.

Interest Rates: Changes in interest rates affect bond yields and overall investment attractiveness, influencing fund flow and price.

Fund Management: The fund manager's skill, strategy, and experience are crucial. Effective management can lead to higher returns and price appreciation.

Expense Ratio: The fund's operating expenses (expense ratio) reduce returns. Lower expenses make the fund more competitive.

Fund Size: Large funds may face challenges in generating alpha, while smaller funds might be more volatile. Fund size can impact trading costs.

Investor Demand: High demand increases the price, while redemptions can pressure prices downwards.

Underlying Holdings: The performance of the fund's underlying assets (stocks, bonds, etc.) directly determines its value.

Geopolitical Events: Political and economic events can create market uncertainty and volatility, impacting asset values and fund price.

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