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MACV

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1m

Analysis and statistics

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About

MACV.MU refers to the Amundi Index MSCI AC Asia APUC ex Japan UCITS ETF DR - EUR (C). This ETF aims to replicate, as closely as possible, the performance of the MSCI AC Asia APUC ex Japan Index. The index represents the performance of large and mid-cap companies across developed and emerging markets in Asia, excluding Japan, but including specific companies that are accessible to international investors. The ETF is denominated in EUR and traded on the Munich Stock Exchange (MU). It is a UCITS compliant fund, meaning it adheres to European Union regulations for investment funds, designed for investor protection and diversification.

Factors

Underlying Bond Prices: MACV.MU’s price directly reflects the value of the municipal bonds it holds. If those bond prices rise, so does the ETF's price, and vice versa.

Interest Rate Changes: As interest rates increase, bond prices generally decrease, negatively impacting MACV.MU. Conversely, falling interest rates can boost bond prices and the ETF's value.

Credit Quality Perception: Changes in the perceived creditworthiness of the municipal bond issuers within MACV.MU's portfolio influence its price. Downgrades lower the price; upgrades increase it.

Supply and Demand: High demand for MACV.MU can drive its price above its net asset value (NAV). Conversely, heavy selling pressure can push it below NAV.

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