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PAASI

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Analysis and statistics

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About

PAASI.PA refers to the Amundi Index MSCI Asia ex Japan UCITS ETF DR, a passively managed exchange-traded fund (ETF). It aims to replicate the performance of the MSCI Asia ex Japan Index, offering investors exposure to a broad range of companies from Asian markets excluding Japan. The ETF is denominated in EUR and listed on the Euronext Paris stock exchange.
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Factors

Underlying Asset Performance: PAASI.PA's price heavily depends on the performance of the assets it tracks, primarily Asian equities. Strong Asian market growth boosts the ETF's value.

Currency Fluctuations: As PAASI.PA likely invests in Asian assets denominated in local currencies, exchange rate changes impact returns. A weaker Euro versus Asian currencies can enhance returns, and vice versa.

Supply and Demand: Increased demand for PAASI.PA pushes its price up, while higher supply can lead to a price decrease. Market sentiment and investor appetite for Asian exposure influence demand.

Expense Ratio and Tracking Error: PAASI.PA's expense ratio reduces net returns. Tracking error, the difference between the ETF's return and its benchmark's return, also affects its price relative to its target index.

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