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UIC2

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Analysis and statistics

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About

UIC2.XETRA is the ticker symbol for the Xtrackers ESG EUR Corporate Bond UCITS ETF 1C, traded on the XETRA exchange (Deutsche Börse). This ETF aims to track the performance of the Bloomberg Barclays MSCI EUR Corporate SRI Sustainable Index. The index is comprised of euro-denominated, investment-grade corporate bonds that have been screened according to Environmental, Social and Governance (ESG) criteria. The ETF uses a representative sampling strategy to achieve this, meaning it may not hold all of the index constituents, but rather a representative selection of them.
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Factors

Market Supply and Demand: Higher demand generally leads to price increases, while increased supply can lower prices.

Underlying Asset Performance: The ETF's price is directly linked to the performance of the assets it tracks, be they stocks, bonds, or other investments.

Expense Ratio: While not directly impacting daily price fluctuations, a higher expense ratio can reduce long-term returns, affecting investor demand and indirectly the price.

Tracking Error: Deviations between the ETF's performance and its benchmark index can influence investor confidence and price.

Economic Conditions: Overall economic growth, inflation, and interest rates can influence investor sentiment and asset valuations, affecting the ETF's price.

Currency Fluctuations: If the ETF holds assets denominated in foreign currencies, exchange rate changes can impact its price when converted back to Euros.

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