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LU0345771298

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Analysis and statistics

  • Open
    259.3321$
  • Previous Close
    259.3321$
  • 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

LU0345771298 is the ISIN (International Securities Identification Number) for the Nordea 1 - Emerging Market Corporate Bond Fund BI EUR fund. It is a EUR denominated fund that primarily invests in corporate bonds issued by companies in emerging markets. The .EUFUND likely refers to the fact that it is a fund available in Europe.

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Factors

Portfolio Performance: The underlying assets' performance, such as stocks and bonds held by the fund, directly impacts its Net Asset Value (NAV) and therefore the fund's price.

Market Conditions: Broad market trends, economic indicators, and investor sentiment in the regions and sectors where the fund invests influence asset valuations and fund price.

Fund Flows: Significant inflows increase demand, potentially raising the price. Outflows may force the fund to sell assets, potentially lowering the price.

Expense Ratio: The fund's management fees and operating expenses reduce the return and thus indirectly affect the price.

Interest Rates: Changes in interest rates can impact the valuation of fixed-income securities held by the fund and influence investor appetite, affecting fund price.

Currency Fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes impact the NAV when converted back to the fund's base currency.

Specific Events: Company-specific events affecting assets within the fund can cause price swings.

Regulatory Changes: New laws or regulations affecting the fund's investment strategy or underlying assets can affect investor perceptions and price.

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