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MACV

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Analysis and statistics

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About

MACV.XETRA refers to the iShares MSCI ACWI Value Factor UCITS ETF (Acc), traded on the XETRA exchange. This ETF aims to track the investment results of an index composed of developed and emerging market equities that exhibit value characteristics. By focusing on companies with potentially undervalued metrics like book value to price, earnings to price, and cash flow to price, the ETF seeks to provide exposure to the value factor within the global equity market. The "Acc" designation indicates that the ETF accumulates dividends; meaning instead of distributing them to investors, they are reinvested back into the fund.
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Factors

Underlying Asset Performance: The price of MACV.XETRA directly reflects the performance of the assets it holds, primarily corporate bonds. Higher bond values increase the ETF's price.

Interest Rate Changes: Rising interest rates generally decrease bond values, lowering the ETF's price, while falling rates tend to increase it.

Credit Risk: Worsening creditworthiness of the bond issuers in the ETF's portfolio can negatively impact bond prices and, consequently, the ETF's price.

Supply and Demand: Increased investor demand for MACV.XETRA relative to supply can drive up its price, and vice versa.

Market Sentiment: Overall investor optimism or pessimism towards the corporate bond market affects the ETF's price.

Expense Ratio: A higher expense ratio, though indirectly, can reduce the ETF's return, potentially making it less attractive and affecting its price.

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