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UIC2

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Analysis and statistics

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About

UIC2.MU refers to the Xtrackers MSCI USA UCITS ETF 2C USD Hedged. This ETF tracks the performance, before fees and expenses, of the MSCI USA Index, hedged to USD. The MSCI USA Index is designed to represent the performance of the large and mid-cap segments of the U.S. equity market. The "2C" designation typically indicates an accumulating share class, meaning that dividends are reinvested into the fund, rather than being distributed to investors. The "USD Hedged" aspect aims to mitigate the impact of currency fluctuations between the Euro (since the ETF is likely listed on a European exchange) and the US Dollar on the return to investors holding the ETF.

Factors

Underlying Asset Performance: The ETF's price largely mirrors the performance of the assets it holds. If the value of those assets rises, so does the ETF's price, and vice versa. Supply and Demand: Market demand for UIC2.MU relative to its supply affects its price. Higher demand can push the price up, while increased selling pressure can lower it. Index Tracking: UIC2.MU aims to track a specific index. Deviations from this tracking, due to fees or imperfect replication, can impact its price relative to the index. Currency Fluctuations: If the ETF holds assets denominated in a currency other than the Euro, exchange rate movements can influence the ETF's Euro-denominated price. Expense Ratio: The ETF's operating costs, expressed as an expense ratio, can indirectly affect its price by reducing its overall returns over time.

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