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RSM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    21.069$
  • Previous Close
    21.0329$
  • 52 Week Change
    --
  • Day Range
    0.04$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

RSM.AU refers to the VanEck Global Resources ETF. This ETF provides exposure to a portfolio of international companies involved in the production and distribution of commodities and natural resources across various sectors such as energy, metals, and agriculture. It is traded on the Australian Securities Exchange (ASX) under the ticker code RSM.AU.

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Factors

Underlying Asset Performance: RSM.AU's price is directly influenced by the performance of the underlying resources sector companies it tracks. If these companies perform well, the ETF's price generally rises. Supply and Demand: General market supply and demand for the RSM.AU ETF also affects the price. Greater demand tends to increase prices, while excess supply can decrease them. Investor Sentiment: Positive or negative investor sentiment towards the Australian resources sector can drive buying or selling pressure, impacting the ETF's price. Global Commodity Prices: Fluctuations in global commodity prices (e.g., iron ore, coal) strongly influence the profitability of resource companies and therefore affect the ETF price. Currency Fluctuations: Exchange rate changes between the Australian dollar and other major currencies impact the value of resource exports and consequently, the ETF's price. Economic Conditions: Overall economic conditions, both domestic and global, can affect demand for resources and consequently influence the performance of resource companies in RSM.AU.

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