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LU0316493237

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Analysis and statistics

  • Open
    14.588$
  • Previous Close
    14.588$
  • 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

LU0316493237.EUFUND represents an investment fund, specifically the Nordea 1 - Global Stable Equity Fund AE EUR. This fund aims to provide long-term capital appreciation by investing primarily in a diversified portfolio of global equities. The fund focuses on companies exhibiting stable characteristics, seeking to deliver consistent returns with lower volatility compared to the broader equity market. It is denominated in Euros and managed by Nordea Investment Funds S.A.
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Factors

Fund Performance: The overall performance of the fund, reflecting its gains or losses, directly impacts its price. Higher performance typically leads to a higher price.

Market Conditions: Broad economic trends, investor sentiment, and market volatility influence the fund's price. Positive market conditions usually push prices up.

Net Asset Value(NAV): The fund's underlying assets' combined value, less liabilities, determines the NAV, strongly affecting the fund's price. Price will fluctuate around the NAV.

Investor Demand: High demand for the fund can drive its price up, while increased selling pressure can lower it. Supply and demand mechanics.

Expense Ratio: A fund's operational costs, expressed as a percentage, impact its returns and therefore the price. Higher expense ratio potentially reduces returns.

Currency Fluctuations: If the fund holds assets in different currencies, exchange rate changes affect the value of those assets and the fund's price.

Interest Rates: Changes in interest rates can influence bond yields and other fixed-income securities held within the fund, thus affecting the fund's price.

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