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LU2490918633

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Analysis and statistics

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About

LU2490918633 is the ISIN (International Securities Identification Number) for a fund issued by EUFUND Management Company S.A., located in Luxembourg. The fund in question is the EUFUND Sustainable Development Goals Equities Fund, specifically the I EUR Acc share class. It focuses on investing in companies that contribute to the achievement of the United Nations Sustainable Development Goals (SDGs). The fund's objective is to generate long-term capital appreciation while promoting sustainable and responsible investing. It's an equity fund, meaning it primarily invests in stocks of companies. The "I EUR Acc" designation indicates it's an institutional share class denominated in Euro and that the income generated by the fund is accumulated (reinvested) within the fund rather than distributed to investors.
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Factors

Underlying Assets Performance: The fund's price directly reflects the performance of the assets it holds, such as stocks or bonds.

Market Sentiment: General investor confidence and market trends influence demand and thus the fund's price.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and GDP growth impact asset valuations.

Fund Flows: Large inflows increase demand and potentially the price, while outflows can decrease it.

Management Fees & Expenses: The fund's operating costs affect its net asset value and therefore its price.

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