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GB00B659XQ05

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Analysis and statistics

  • Open
    1727.343$
  • Previous Close
    1727.343$
  • 52 Week Change
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  • 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

GB00B659XQ05 is the ISIN (International Securities Identification Number) for the iShares Global Clean Energy UCITS ETF USD (Acc). This exchange-traded fund (ETF) aims to track the investment results of an index composed of global equities in the clean energy sector. The "EUFUND" part likely refers to the fact that it's a UCITS (Undertakings for Collective Investment in Transferable Securities) fund, a type of investment vehicle regulated within the European Union, which allows it to be sold across Europe under a standardized regulatory framework.
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Factors

Underlying Asset Performance: The primary driver. The fund's price mirrors the performance of its investments.

Market Sentiment: Overall market conditions and investor confidence impact fund demand and price.

Expense Ratio: Higher expenses reduce returns, indirectly affecting the fund's price.

Supply and Demand: Increased demand drives up the price, while increased supply pushes it down.

Economic Conditions: Economic factors like inflation, interest rates, and GDP growth influence the value of underlying assets.

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