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LU0390710027

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1d
1w
1m

Analysis and statistics

  • Open
    13.9902$
  • Previous Close
    13.9902$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU0390710027.EUFUND represents a share class of the Nordea 1 - European Covered Bond Fund, a Luxembourg-domiciled UCITS fund. This fund primarily invests in euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt securities backed by a pool of assets (e.g., mortgages or public sector loans), providing an additional layer of security for investors. The fund aims to generate income and capital appreciation through its diversified portfolio of high-quality covered bonds, adhering to strict investment criteria and risk management practices.
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Factors

Fund Performance: Historical and current performance directly influences investor demand and the NAV. Market Conditions: Broader economic trends, sector performance and investor sentiment impact fund asset valuations. Fund Holdings: The value of underlying assets (stocks, bonds) within the fund's portfolio determines NAV. Expense Ratio: Management fees and operating costs reduce overall returns, affecting the share price. Supply and Demand: Investor activity (buying/selling) affects share price, particularly for actively traded funds. Interest Rates: Changes influence bond yields and valuations, impacting fixed-income components of the fund. Currency Fluctuations: Currency exchange rates affect international funds if assets are held in foreign currencies.

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