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LU0167237972

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Analysis and statistics

  • Open
    124.2161$
  • Previous Close
    124.2161$
  • 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

LU0167237972.EUFUND represents a Luxembourg-domiciled investment fund managed by Danske Invest Management S.A. called Danske Invest Index Europe. It is an index-tracking fund that aims to replicate the performance of the OMX Copenhagen 25 index. The fund primarily invests in equities of companies listed on European stock exchanges and seeks to provide investors with a return that closely mirrors the benchmark index, before expenses. It's important to note that past performance is not indicative of future results.
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Factors

Performance of Underlying Assets: The fund's net asset value (NAV) directly reflects the performance of the securities it holds. Stocks, bonds, or other investments rising in value increase the NAV, while declining values decrease it.

Market Conditions: Broader economic trends, investor sentiment, and geopolitical events influence the overall market and the specific sectors the fund invests in, impacting its value.

Fund Expenses: Management fees, operating costs, and other expenses are deducted from the fund's assets, reducing returns and thus the price.

Supply and Demand: Investor demand for the fund itself can influence its price, particularly if it trades on an exchange. High demand can drive the price above its NAV, while low demand can push it below.

Currency Fluctuations: If the fund invests in assets denominated in a currency other than the Euro, exchange rate movements between the Euro and that currency will affect the fund's value.

Interest Rate Changes: Interest rate hikes affect Bond’s price.

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