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LU0229948087

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Analysis and statistics

  • Open
    13.6156$
  • Previous Close
    13.6156$
  • 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

LU0229948087 is the ISIN (International Securities Identification Number) for a fund. Based on publicly available data, this ISIN corresponds to Nordea 1 - European Covered Bond Fund BP EUR, a sub-fund of Nordea 1, SICAV, managed by Nordea Investment Funds S.A. This fund primarily invests in Euro-denominated covered bonds issued by European institutions, aiming to provide investors with income and capital appreciation by taking advantage of the covered bond market. Covered bonds are debt securities backed by a pool of assets, offering an additional layer of security for investors.
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Factors

Underlying Asset Performance: The fund's NAV is directly influenced by the performance of its investments, primarily European stocks.

Market Sentiment: Broad economic outlook and investor confidence in European markets impact demand and therefore price.

Fund Management Decisions: The fund manager's stock selection and portfolio allocation impact fund performance.

Expense Ratio: The fund's operating costs reduce returns, influencing overall price.

Currency Fluctuations: Exchange rate changes between the Euro and other currencies affect returns for non-Euro investors.

Interest Rate Changes: Interest rate hikes can impact market valuations and borrowing costs for companies held in the fund.

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