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ZUAG-F

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    29.5554$
  • Previous Close
    29.4751$
  • 52 Week Change
    --
  • Day Range
    0.08$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ZUAG-F.TO represents the 9point9 Alternative Credit Fund, a closed-end investment fund listed on the Toronto Stock Exchange. The fund primarily aims to generate attractive, risk-adjusted returns by investing in a diversified portfolio of alternative credit investments, including private debt, direct lending, and other non-traditional credit instruments. It focuses on providing income and capital appreciation to its unitholders through exposure to opportunities often less accessible to individual investors.
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Factors

Gold Price: ZUAG-F.TO tracks gold prices; a rise boosts its value, a fall decreases it.

Currency Fluctuations: As gold is often priced in USD, CAD/USD exchange rates affect ZUAG-F.TO. A weaker CAD increases its price.

Supply and Demand: Increased demand for ZUAG-F.TO pushes the price higher, lower demand reduces it.

Interest Rates: Higher interest rates might make bonds more attractive than gold, potentially lowering ZUAG-F.TO price.

Inflation: Gold is seen as an inflation hedge; higher inflation can increase ZUAG-F.TO price.

Economic Uncertainty: During economic crises, investors often flock to gold, increasing ZUAG-F.TO price.

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