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LU0602538620

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1d
1w
1m

Analysis and statistics

  • Open
    123.9654$
  • Previous Close
    123.9654$
  • 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
    --
  • Volume
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About

LU0602538620.EUFUND refers to the Nordea 1 - European Covered Bond Fund, a sub-fund of Nordea 1, SICAV. It invests primarily in euro-denominated covered bonds issued by European issuers. The fund aims to generate income and capital appreciation by actively managing a diversified portfolio of these covered bonds, which are debt instruments backed by a pool of assets, typically mortgages or public sector loans.
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Factors

Fund Performance: Past performance influences investor demand. Strong performance typically drives higher prices.

Market Conditions: Overall market trends (bull vs. bear) significantly impact fund values. Broad market rallies tend to lift fund prices.

Sector Performance: The sectors in which the fund invests affect performance. Growth in those sectors results in higher fund prices.

Interest Rates: Rising interest rates may reduce the attractiveness of funds, potentially lowering prices.

Expense Ratio: High expense ratios can erode returns and negatively influence prices.

Fund Manager Skill: The skill of the fund manager is crucial, affecting returns and thus the fund's price.

Investor Sentiment: Positive investor sentiment towards the asset class drives higher fund prices.

Fund Size: Very large funds can face challenges in generating alpha, potentially impacting price.

Economic Indicators: GDP growth, inflation, and employment affect investor sentiment and returns.

Currency Fluctuations: For funds holding foreign assets, currency fluctuations will impact its value and price.

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