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XB29

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Analysis and statistics

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About

XB29.XETRA refers to the Amundi Index MSCI Emerging Markets SRI UCITS ETF DR, traded on the XETRA exchange (Deutsche Börse). This ETF aims to replicate the performance of the MSCI Emerging Markets SRI Filtered PAB Index. The fund invests in companies from emerging market countries that exhibit high environmental, social and governance (ESG) ratings while also adhering to specific carbon emission reduction targets aligned with the Paris Agreement. It uses direct replication, meaning it holds the underlying securities of the index. The "DR" in the name stands for "Direct Replication" confirming this investment strategy.
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Factors

Underlying Asset Performance: The ETF's price is heavily influenced by the performance of the assets it tracks. If the underlying index or basket of assets increases in value, the ETF price will likely rise.

Supply and Demand: Market forces of supply and demand play a crucial role. High demand relative to supply will drive the price up, while increased selling pressure can lead to a price decrease.

Interest Rates: Changes in interest rates can impact the attractiveness of investments in the ETF, affecting demand and consequently, the price. Higher rates may decrease ETF value.

Economic Conditions: Overall economic health, including factors like GDP growth, inflation, and unemployment, can affect investor sentiment and impact the demand for the ETF and its underlying assets.

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