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XGI

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1d
1w
1m

Analysis and statistics

  • Open
    60.128$
  • Previous Close
    60.128$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

XGI.TO is the ticker symbol for the iShares Global Infrastructure Index ETF, which trades on the Toronto Stock Exchange (TSX). This ETF seeks to replicate the performance of the S&P Global Infrastructure Index, providing investors with exposure to a diverse portfolio of infrastructure companies from around the world. These companies are involved in sectors like utilities, energy transportation, and communication infrastructure.
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Factors

Gold Price: XGI.TO tracks gold miners, so gold price fluctuations significantly impact its value. Higher gold prices typically lead to increased profitability for miners, driving the ETF price up.

Mining Company Performance: The financial health and operational success of companies within the XGI.TO portfolio directly influence its price. Positive earnings reports, successful exploration, or efficient production can boost the ETF.

Market Sentiment: Overall investor attitude towards gold and mining stocks affects demand and thus the XGI.TO price. Risk-averse environments often favor gold, increasing demand.

Interest Rates: Rising interest rates can make gold less attractive as an investment, potentially decreasing demand for gold and related ETFs like XGI.TO.

Inflation: Gold is often seen as an inflation hedge. Higher inflation rates can increase demand for gold, positively affecting XGI.TO's price.

Currency Fluctuations: Changes in the Canadian dollar relative to other currencies, especially the US dollar, can impact XGI.TO since gold is often priced in US dollars.

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