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UIMM

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1d
1w
1m

Analysis and statistics

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About

UIMM.XETRA refers to the iShares MSCI World Momentum Factor UCITS ETF USD (Acc). It's an exchange-traded fund (ETF) listed on the XETRA exchange that aims to track the performance of an index composed of global developed market equities exhibiting relatively higher momentum characteristics. The USD in the name indicates that the ETF is denominated in US dollars, and the "Acc" signifies that it's an accumulating ETF, meaning dividends are reinvested back into the fund rather than distributed to investors.
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Factors

Underlying Asset Performance: UIMM.XETRA tracks an index. The price of the underlying assets in that index directly impacts the ETF's price.

Supply and Demand: Increased demand for UIMM.XETRA drives the price up; increased supply lowers it. Trading activity influences this.

Market Sentiment: Overall investor confidence or fear can influence investment decisions, affecting demand for UIMM.XETRA.

Currency Fluctuations: As an XETRA-listed ETF, currency exchange rates, particularly EUR, affect returns for non-Euro investors.

Expense Ratio and Management Fees: These costs reduce the ETF's net asset value and indirectly impact the market price.

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