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SYB3

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1m

Analysis and statistics

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About

SYB3.XETRA represents shares of the Amundi Index MSCI Emerging Markets SRI UCITS ETF DR, traded on the XETRA exchange. This is an exchange-traded fund (ETF) designed to track the performance of the MSCI Emerging Markets SRI index, which selects companies from emerging markets based on their high Environmental, Social, and Governance (ESG) ratings while excluding companies involved in activities deemed controversial. The ETF provides investors with diversified exposure to socially responsible emerging market equities.
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Factors

Underlying Gold Price: SYB3.XETRA tracks gold, so gold price movements directly impact its value.

Currency Exchange Rates: As a XETRA-listed ETF, currency fluctuations between EUR and USD (where gold is often priced) affect its price.

Supply and Demand: ETF share creation and redemption influence market price relative to its net asset value (NAV).

Management Fees & Expenses: The expense ratio can slightly dampen returns compared to direct gold ownership.

Geopolitical Events: Global instability can drive safe-haven demand for gold, impacting the ETF price.

Inflation & Interest Rates: Inflation concerns and interest rate changes impact gold's attractiveness as an investment.

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