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PABD

$--
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1d
1w
1m

Analysis and statistics

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About

PABD.US is the ticker symbol for the iShares Paris-Aligned Climate MSCI World ex USA UCITS ETF (Acc). This exchange-traded fund (ETF) aims to track the performance of an index composed of equities from developed countries excluding the United States, selected and weighted to align with the Paris Agreement goals, specifically targeting a 50% reduction in carbon emissions intensity relative to its parent index and an annual decarbonization pathway of 7% year-on-year. It provides exposure to a diversified portfolio of global stocks, excluding US companies, while considering climate change factors in its investment methodology. The "Acc" in the name signifies that the fund accumulates income, meaning dividends are reinvested back into the fund rather than being distributed to investors.
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Factors

Bond Yields: Rising yields typically decrease PABD's price as older, lower-yielding bonds become less attractive.

Credit Spreads: Widening spreads suggest increased risk, lowering bond prices in PABD.

Interest Rate Expectations: Anticipation of rate hikes can pressure bond prices downwards.

Inflation Expectations: Higher inflation erodes bond value, decreasing PABD's price.

Economic Growth: Stronger growth might lead to higher rates, negatively impacting PABD.

Market Sentiment: Risk aversion can drive investors to safer assets, raising bond prices and vice versa.

ETF Supply & Demand: High demand increases PABD's price, while high supply decreases it.

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