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CNAA

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Analysis and statistics

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About

CNAA.PA represents the Amundi Index MSCI China A SRI UCITS ETF DR, a financial product listed on the Euronext Paris stock exchange. This Exchange Traded Fund (ETF) aims to replicate the performance of the MSCI China A SRI Index, a benchmark composed of large and mid-cap Chinese A-shares that meet specific environmental, social, and governance (ESG) criteria. The "DR" designation indicates that it is a physically replicated ETF, meaning it holds the underlying assets of the index it tracks, as opposed to using derivatives. Investors can buy and sell shares of this ETF on the Euronext Paris, providing exposure to the Chinese A-share market with a focus on companies with strong sustainability profiles.

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Factors

Underlying Asset Performance: CNAA.PA's price is heavily influenced by the performance of the companies within the MSCI China A Onshore Index.

Supply and Demand: Increased investor demand for CNAA.PA will typically drive its price upward, while increased selling pressure can lead to price declines.

Market Sentiment: Overall investor sentiment toward Chinese equities and emerging markets will impact CNAA.PA.

Index Rebalancing: Changes to the MSCI China A Onshore Index composition can cause price fluctuations.

Currency Fluctuations: Exchange rate movements between the Euro and the Chinese Yuan will affect the ETF's price.

Tracking Error: Imperfect tracking of the underlying index can create slight price discrepancies.

Expense Ratio: The ETF's management fee, known as the expense ratio, impacts its overall return and perceived value.

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