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UEF5

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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol UEF5.XETRA refers to the Lyxor Euro Floating Rate Note UCITS ETF - Acc. This ETF tracks the performance of the iBoxx EUR Floating Rate Corporates index. The index comprises Euro-denominated, investment grade, floating rate notes issued by corporations. The ETF is accumulating, meaning that income generated from the fund's holdings is reinvested rather than distributed to investors. It is listed on the XETRA exchange, which is operated by Deutsche Börse.
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Factors

Underlying Index Performance: UEF5.XETRA's price closely tracks the performance of its underlying index. If the index rises, the ETF's price tends to increase, and vice versa.

Supply and Demand: Market forces of supply and demand for the ETF shares themselves play a role. Higher demand usually leads to a price increase, while higher supply can lower the price.

Currency Fluctuations: Since UEF5.XETRA is traded in EUR, currency exchange rates between the EUR and the currencies of the assets held by the ETF can impact its price.

Interest Rates: Changes in interest rates, particularly in the Eurozone, can influence investor sentiment and the overall attractiveness of the ETF.

Economic Conditions: Broader economic factors like GDP growth, inflation, and unemployment rates in the regions where the underlying assets are located can affect the ETF's price.

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