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UIQG

$--
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1d
1w
1m

Analysis and statistics

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About

UIQG.F represents shares of the iShares MSCI World Islamic UCITS ETF (Dist). This is an exchange-traded fund (ETF) that aims to track the performance of the MSCI World Islamic Index. The index is composed of companies in developed countries that comply with Sharia investment principles, excluding businesses involved in activities like alcohol, gambling, tobacco, and interest-based financials. The ETF is denominated in EUR and listed on the Frankfurt Stock Exchange (FSE), providing investors with exposure to global equities filtered through an Islamic finance lens.
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Factors

Underlying Holdings Performance: UIQG.F's price heavily relies on the performance of the companies it holds, reflecting their stock price changes.

Supply and Demand: High demand for UIQG.F can increase its price, while increased selling pressure can lower it.

Market Sentiment: Overall investor confidence and risk appetite can influence the ETF's price, mirroring broader market trends.

Index Tracking Accuracy: How closely UIQG.F tracks its underlying index affects its price; deviations can create premiums or discounts.

Expense Ratio and Trading Costs: Higher fees and trading expenses can slightly reduce the ETF's returns and therefore its perceived value.

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