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LU0083353978

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Analysis and statistics

  • Open
    245.4492$
  • Previous Close
    245.4492$
  • 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

LU0083353978.EUFUND represents shares of the Nordea 1 - European Covered Bond Fund BI EUR, a Luxembourg-domiciled investment fund managed by Nordea Investment Funds S.A. This fund primarily invests in a diversified portfolio of euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt securities backed by a pool of assets, such as mortgages or public sector loans, providing a higher degree of security for investors compared to unsecured bonds. The fund aims to generate income and capital appreciation by capitalizing on the relative value and creditworthiness of European covered bonds.
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Factors

FactorName: Fund performance influences price, with strong returns attracting investors and driving up demand and thus price.

FactorName: Market conditions, including overall economic trends and sector-specific performance, significantly impact fund value.

FactorName: Investor sentiment and demand affect fund price; high demand increases value, while outflows can decrease it.

FactorName: Fund expenses, like management fees and operating costs, reduce returns and consequently impact price negatively.

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