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LU0860715845

$--
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1d
1w
1m

Analysis and statistics

  • Open
    89.7846$
  • Previous Close
    89.7846$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU0860715845.EUFUND refers to Nordea 1 - European Covered Bond Fund BP EUR, a Luxembourg-domiciled UCITS fund managed by Nordea Investment Funds S.A. The fund primarily invests in Euro-denominated covered bonds issued by European financial institutions, aiming to provide investors with a stable income stream and capital appreciation. Covered bonds are debt securities backed by a pool of assets, offering an enhanced level of security compared to unsecured debt. The fund's performance is subject to interest rate risk, credit risk of the issuers, and the overall economic conditions within the Eurozone.
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Factors

Market Performance: Overall market trends, especially in the sectors the fund invests in, significantly impact its NAV and price.

Fund Holdings: The performance of the underlying assets (stocks, bonds, etc.) held by the fund directly affects its value.

Investor Sentiment: Demand for the fund can drive up the price, while selling pressure can lower it.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth can influence asset valuations.

Currency Fluctuations: Changes in currency exchange rates affect the value of investments held in foreign currencies.

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