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LU0204987902

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Analysis and statistics

  • Open
    49575.5393$
  • Previous Close
    49575.5393$
  • 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

LU0204987902 is the ISIN code for the Nordea 1 - Global Stable Equity Fund BI EUR. It's an equity fund managed by Nordea Investment Funds S.A. and focuses on providing long-term capital appreciation by investing globally in a diversified portfolio of stable, high-quality companies. The 'EUFUND' part likely indicates that the data is sourced from a European fund database or financial information provider.

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Factors

Asset Performance: The underlying assets (likely European equities) drive the fund's value. Strong stock performance increases the fund's price.

Market Sentiment: Overall investor mood towards European markets impacts demand. Positive sentiment pushes prices up, negative sentiment down.

Interest Rates: Rising interest rates can make bonds more attractive, potentially diverting investment away from equity funds like this.

Economic Growth: A strong European economy usually boosts company profits and stock prices, positively affecting the fund.

Currency Fluctuations: Euro exchange rates matter if the fund invests outside the Eurozone. A stronger Euro increases returns for Euro-based investors.

Fund Flows: Large inflows into the fund can temporarily increase its price, while outflows can decrease it.

Management Fees: The fund's expense ratio and any performance fees are deducted from returns, impacting the price.

Geopolitical Events: Political instability or major events in Europe can create market volatility and affect fund prices.

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