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LU0140351767

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Analysis and statistics

  • Open
    220.0409$
  • Previous Close
    220.0409$
  • 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
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  • EPS
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  • Beta
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  • Volume
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About

LU0140351767.EUFUND refers to a fund offered within the European Union. Specifically, it identifies a sub-fund within the Nordea 1, SICAV fund range named "Nordea 1 - Global Stable Equity Fund BP-EUR". It's a Luxembourg-domiciled UCITS fund designed to invest globally in equities, focusing on companies that demonstrate lower volatility and stable characteristics, aiming to provide a more defensive equity investment approach within the broader global equity market, denominated in Euros.
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Factors

Fund performance: The fund's historical returns and relative performance against its benchmark index heavily influence its price. Strong performance attracts investors, driving up demand and price.

Market conditions: Broad market trends, economic indicators (like GDP growth, inflation, interest rates), and investor sentiment impact the value of the fund's underlying assets and thus its price.

Net Asset Value (NAV): The NAV per share, calculated daily by dividing the fund's total assets minus liabilities by the number of outstanding shares, serves as a fundamental value indicator.

Fund flows: Inflows (new investments) increase demand, potentially raising the price, while outflows (redemptions) can decrease demand, potentially lowering the price.

Interest rates: Changes in interest rates can affect bond yields, which in turn influence the attractiveness and price of fixed-income assets held within the fund.

Expense ratio: A high expense ratio (annual fees charged to manage the fund) can negatively impact returns and make the fund less attractive compared to lower-cost alternatives.

Management style: The fund manager's investment strategy, skill, and decision-making abilities affect portfolio performance and investor confidence, thereby influencing the fund's price.

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