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LU0848326772

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Analysis and statistics

  • Open
    151.0956$
  • Previous Close
    151.0956$
  • 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

LU0848326772.EUFUND refers to Nordea 1 - European Covered Bond Fund BD EUR, a fund managed by Nordea Investment Funds S.A. It invests primarily in Euro-denominated covered bonds issued by European financial institutions and aims to provide investors with a return reflecting the performance of this market. The fund is designed for investors seeking income and capital appreciation through exposure to the covered bond market.
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Factors

[Underlying Asset Performance]: EUFUND likely invests in specific assets. Their price movements directly impact the fund's Net Asset Value (NAV).

[Market Conditions]: General economic trends, investor sentiment and global events can influence the markets where EUFUND invests.

[Interest Rates]: Interest rate changes, especially in the Eurozone, may affect the valuation of fixed-income assets within the fund.

[Currency Fluctuations]: If EUFUND holds assets denominated in currencies other than the Euro, exchange rate changes will impact the fund's value when converted back to Euro.

[Fund Management Decisions]: The fund manager's choices regarding asset allocation, security selection, and trading strategies can affect the fund's performance and therefore, its price.

[Expenses and Fees]: Management fees, operating expenses and other costs associated with running the fund reduce the NAV and, indirectly, the price.

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