IE00B3BQ0418 Fundamental Relationships

The Drivers Module shows relationships between IE00B3BQ0418's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of IE00B3BQ0418 over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

IE00B3BQ0418 Net Asset vs. Year to Date Return Fundamental Analysis

IE00B3BQ0418 is currently considered the top fund in year to date return among similar funds. It is rated second overall fund in net asset among similar funds making up about  2,616,848  of Net Asset per Year to Date Return.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of current fiscal year. In other words YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
IE00B3BQ0418 
YTD Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
=
3.68%
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
IE00B3BQ0418 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
=
9.63M
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.

IE00B3BQ0418 Net Asset Comparison

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