IE00B4L44X91 Fundamental Relationships

The Drivers Module shows relationships between IE00B4L44X91's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of IE00B4L44X91 over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

IE00B4L44X91 Equity Positions Weight vs. Holdings Turnover Fundamental Analysis

IE00B4L44X91 is currently considered the top fund in holdings turnover among similar funds. It is currently considered the top fund in equity positions weight among similar funds making about  0.02  of Equity Positions Weight per Holdings Turnover. The ratio of Holdings Turnover to Equity Positions Weight for IE00B4L44X91 is roughly  47.41 
Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the fund total holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
IE00B4L44X91 
Holding Turnover 
 = 
Year Cash Flow 
Net Asset 
X
100 
=
91.51 %
Investor can think of Holding Turnover as percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
IE00B4L44X91 
Stock Percentage 
 = 
% of Equities 
 
in the fund 
=
1.93 %
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.

IE00B4L44X91 Equity Positions Weight Comparison

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