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SLVAX

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1d
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Analysis and statistics

  • Open
    36.7342$
  • Previous Close
    36.7342$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

SLVAX.US is the ticker symbol for the Columbia Seligman Global Technology Fund Class A. It's a mutual fund managed by Columbia Threadneedle Investments that invests primarily in equity securities of technology companies located around the world. The fund aims to achieve long-term capital appreciation by focusing on companies that are expected to benefit from technological advancements and innovation.
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Factors

Silver Prices: As a precious metals fund, SLVAX's price is heavily influenced by the spot price of silver.

Market Sentiment: Overall investor confidence and risk appetite impact demand for silver, affecting its price and consequently SLVAX.

Inflation: Silver is often seen as an inflation hedge, so rising inflation can boost SLVAX.

Interest Rates: Higher interest rates may decrease the attractiveness of silver, potentially lowering SLVAX.

Economic Growth: Stronger economic growth can increase industrial demand for silver, pushing SLVAX higher.

Currency Fluctuations: A weaker U.S. dollar can make silver more attractive to foreign buyers, increasing SLVAX's price.

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