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LU0389656207

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Analysis and statistics

  • Open
    120.5767$
  • Previous Close
    120.5767$
  • 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

LU0389656207 is the ISIN code for the Nordea 1 - European Covered Bond Fund AD EUR fund. This fund primarily invests in euro-denominated covered bonds issued by European financial institutions, aiming to provide investors with a steady stream of income and capital appreciation. It's managed by Nordea Investment Funds S.A. and is domiciled in Luxembourg.
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Factors

Asset Performance: The fund's net asset value (NAV) is directly influenced by the performance of its underlying investments. Positive performance of these assets leads to a price increase.

Market Conditions: Overall market sentiment, economic indicators, and geopolitical events can all impact investor confidence and, consequently, fund prices.

Interest Rates: Changes in interest rates, especially in the relevant currency area, can affect the attractiveness of the fund and its underlying assets.

Fund Flows: Significant inflows of capital into the fund can temporarily increase demand and potentially push the price higher. Outflows can have the opposite effect.

Management Fees: The fund's expense ratio, which includes management fees, impacts the fund's overall return and, therefore, its price. Higher fees can reduce returns.

Currency Fluctuations: For international funds, fluctuations in currency exchange rates can influence the fund's price, especially if the fund holds assets denominated in other currencies.

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