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OD7N

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1m

Analysis and statistics

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About

The ETF with the symbol OD7N.XETRA is the Amundi Index MSCI World UCITS ETF DR. It is an exchange-traded fund that aims to track the performance of the MSCI World Index. This index represents the developed markets equity performance and covers approximately 85% of the free float-adjusted market capitalization in each country. OD7N.XETRA is listed on the XETRA exchange, which is part of the Deutsche Börse, Germany's stock exchange. This ETF allows investors to gain broad exposure to global developed markets equities in a single investment vehicle.
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Factors

Underlying Asset Performance: OD7N tracks a specific index. The performance of the securities within that index directly impacts the ETF's price.

Supply and Demand: Increased demand for OD7N pushes the price up, while increased selling pressure causes it to fall. Trading activity reflects investor sentiment.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income assets held within the ETF's underlying index, thus impacting its price.

Market Sentiment: Overall market optimism or pessimism can influence investor demand for OD7N, causing fluctuations in its price.

Currency Fluctuations: If the underlying assets are denominated in a different currency, exchange rate movements between the Euro and that currency can impact OD7N's price.

Expense Ratio: While not a direct driver of price fluctuations, the expense ratio impacts the ETF's long-term returns, affecting its relative value.

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