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SPIUSGKL

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Analysis and statistics

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About

SPIUSGKL.CO refers to the "S&P US Government & Corporate Bond Index" Exchange Traded Fund (ETF) listed on the Colombia Stock Exchange (BVC). This fund aims to track the performance of the S&P US Government & Corporate Bond Index, which measures the investment return of U.S. dollar-denominated investment-grade public obligations of the U.S. government, its agencies, and U.S. corporations. It provides Colombian investors access to a diversified portfolio of US government and corporate bonds in a single investment vehicle, allowing them to participate in the fixed income market of the United States.

Factors

US Treasury Yields: Rising yields typically decrease SPIUSGKL.CO price as higher yields attract investors to US bonds, reducing demand for the fund.

Malaysian Ringgit Strength: A weaker Ringgit increases the fund's MYR value as USD-denominated assets become more valuable when converted.

Investor Sentiment: Positive sentiment towards US bonds boosts demand, increasing SPIUSGKL.CO price; negative sentiment has the opposite effect.

Fund Flows: Large inflows increase demand and price; outflows decrease demand and price.

Index Tracking Accuracy: How closely the fund mirrors its underlying index, deviation impacts price.

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