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UEEF

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Analysis and statistics

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About

UEEF.XETRA refers to the Amundi Index MSCI Emerging Markets SRI UCITS ETF DR, an exchange-traded fund (ETF) that aims to replicate the performance of the MSCI Emerging Markets SRI Filtered Index. This index is composed of large and mid-cap companies across 27 emerging market countries, selected according to socially responsible investing (SRI) criteria, such as excluding companies involved in controversial activities or those with low environmental, social, and governance (ESG) ratings. The ETF is traded on the XETRA exchange.
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Factors

Underlying Asset Performance: The value of the companies the ETF tracks directly impacts UEEF.XETRA's price. If the underlying stocks increase, so does the ETF's value.

Supply and Demand: High demand for the ETF generally leads to a higher price, while increased selling pressure can push the price down.

Expense Ratio: While not directly a price driver, the ETF's expense ratio impacts long-term returns, making it a key consideration for investors, potentially affecting demand and price.

Market Sentiment: Overall investor confidence and optimism or pessimism in the market can influence demand for UEEF.XETRA, affecting its price.

Currency Fluctuations: As UEEF.XETRA is traded in EUR on the XETRA exchange, currency fluctuations between the euro and the currencies of the underlying assets can impact its value.

Tracking Error: The difference between the ETF's performance and the underlying index's performance can affect investor confidence and, consequently, the ETF's price.

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