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LU2099030830

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Analysis and statistics

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About

LU2099030830 is the ISIN (International Securities Identification Number) for a financial product. Based on publicly available information, LU2099030830 refers to Amundi Index MSCI Emerging Markets SRI UCITS ETF DR, an exchange-traded fund (ETF) managed by Amundi Asset Management. The ETF aims to replicate the performance of the MSCI Emerging Markets SRI Filtered PAB Index. This index comprises equities from emerging markets, selected based on stringent environmental, social, and governance (ESG) criteria, and targets a specific level of decarbonization in line with the Paris Agreement benchmarks. The ".EUFUND" part likely indicates that this information is specifically related to a European fund database or information source.
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Factors

Underlying Asset Performance: The fund's price is directly linked to the performance of its underlying investments. Positive performance in those assets generally leads to a higher fund price.

Market Conditions: Broader economic factors, such as interest rates, inflation, and overall market sentiment, influence the value of the fund's holdings and therefore its price.

Fund Management Fees: Operating expenses, including management fees, are deducted from the fund's assets, which can impact its net asset value and subsequently its price.

Supply and Demand: The balance of buyers and sellers for the fund's shares affects its price. High demand pushes prices up, while high supply can lower them.

Currency Fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes can affect the fund's value when converted back to the base currency.

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