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LU0936263978

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    244.2407$
  • Previous Close
    244.2407$
  • 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

LU0936263978.EUFUND represents a Luxembourg-domiciled investment fund. More specifically, this is a fund managed by Nordea Investment Funds S.A. and known as Nordea 1 - European High Yield Stars Fund (EUR). The fund aims to provide capital appreciation through investing primarily in high yield corporate debt securities issued by European companies. As a high yield fund, it carries a higher level of risk compared to funds investing in investment-grade debt but potentially offers higher returns.
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Factors

Underlying Asset Performance: The value of the fund's holdings (stocks, bonds, etc.) directly impacts its price. If the underlying assets increase in value, the fund's price generally rises, and vice versa.

Market Conditions: Broad economic trends, investor sentiment, and overall market volatility influence the demand and supply for the fund, thereby affecting its price.

Fund Expenses: Management fees, operating expenses, and other costs are deducted from the fund's assets, which can impact its performance and therefore its price.

Supply and Demand: High demand for the fund can drive up its price, while increased selling pressure can lead to price declines.

Currency Exchange Rates: For funds investing in international assets, fluctuations in exchange rates can affect the fund's value when converted back to the base currency.

Interest Rates: Changes in interest rates, particularly for bond funds, can impact bond prices and consequently the fund's overall value. Higher interest rates typically lead to lower bond prices.

Fund Manager's Skill: The fund manager's investment decisions and ability to generate returns above the benchmark affect the fund's performance and market perception, influencing its price.

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