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LU1956011198

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1d
1w
1m

Analysis and statistics

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About

LU1956011198.EUFUND represents the Pictet-EUR Short Term High Yield P EUR fund. This is a sub-fund of Pictet, a Luxembourg-domiciled SICAV, investing primarily in Euro-denominated short-term high yield debt securities issued by companies. The fund aims to generate income and capital appreciation while maintaining a relatively short duration. It targets issuers with credit ratings typically below investment grade, indicating a higher risk profile but potentially offering higher returns.
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Factors

Underlying Asset Performance: EUFUND's price heavily depends on the performance of its underlying assets, typically stocks or bonds within the fund. Strong asset performance increases the fund's net asset value (NAV). Market Conditions: Broader market trends, such as economic growth, interest rates, and investor sentiment significantly influence the demand and supply for EUFUND, affecting its price. Fund Management Expertise: The fund manager's ability to select profitable investments and manage risk directly impacts the fund's performance and, consequently, its price. Expense Ratio: The fund's operating expenses, including management fees and administrative costs, detract from returns, reducing its NAV and potentially its price. Supply and Demand: High demand for EUFUND increases its price, while increased selling pressure can cause the price to decline. Investor sentiment plays a key role.

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