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LU0957796898

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1d
1w
1m

Analysis and statistics

  • Open
    17.9405$
  • Previous Close
    17.9405$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU0957796898.EUFUND represents Nordea 1 - Global Climate and Environment Fund, a Luxembourg-domiciled equity fund managed by Nordea Investment Funds S.A. The fund invests primarily in companies worldwide that are expected to benefit from, or contribute to, the transition to a low-carbon economy, focusing on areas such as renewable energy, energy efficiency, and environmental protection. Its objective is to provide long-term capital appreciation by selecting companies that address climate change and environmental challenges.
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Factors

Fund Performance: Historical returns and relative performance versus benchmarks directly impact investor demand and therefore the fund's price.

Market Conditions: Overall economic climate, sector performance, and investor sentiment drive asset valuations within the fund's portfolio.

Fund Expenses: Management fees, administrative costs, and other operating expenses reduce the fund's net asset value (NAV) and influence its price.

Interest Rates: Changes in interest rates affect the valuation of fixed-income securities held by the fund, impacting its overall price.

Currency Fluctuations: For funds holding assets denominated in foreign currencies, exchange rate variations directly affect the fund's NAV when converted back to the base currency.

Investor Demand: Increased demand for the fund pushes the price up, while increased selling pressure causes the price to decline.

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