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LU0577864696

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Analysis and statistics

  • Open
    5491.8705$
  • Previous Close
    5491.8705$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

LU0577864696.EUFUND refers to the Nordea 1 - European Covered Bond Fund BP EUR fund. It's an open-ended fund that invests primarily in Euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt instruments backed by a pool of assets, typically mortgages or public sector loans, providing an additional layer of security for investors.
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Factors

Asset Performance: The underlying assets' performance directly influences the fund's Net Asset Value (NAV).

Market Conditions: Overall market trends, economic indicators, and investor sentiment impact asset values.

Fund Expenses: Management fees, operating costs, and other expenses reduce fund returns.

Currency Fluctuations: Currency exchange rates can affect returns if the fund holds assets in foreign currencies.

Supply and Demand: Investor demand for the fund can affect its market price, potentially creating premiums or discounts relative to NAV.

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