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LU0963031736

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

Analysis and statistics

  • Open
    277.43$
  • Previous Close
    277.43$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU0963031736 is the ISIN (International Securities Identification Number) for the Nordea 1 - Global Ideas Equity Fund BI EUR, a sub-fund of Nordea 1, SICAV. It's an equity fund that invests globally in companies with innovative ideas and strong growth potential, denominated in Euro. The ".EUFUND" likely just designates that it's a fund product available in Europe.
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Factors

Fund Performance: Historical returns and relative performance versus its benchmark index significantly impact investor demand and, consequently, the fund's price.

Market Conditions: Broad economic trends, investor sentiment, and overall market volatility affect the prices of assets held within the fund, thus impacting its net asset value (NAV).

Asset Allocation: The fund's strategic allocation to different asset classes (e.g., stocks, bonds) and regions influences its sensitivity to market fluctuations.

Management Expertise: The fund manager's investment decisions, trading strategies, and risk management practices play a crucial role in generating returns and managing downside risk.

Expense Ratio: The fees charged for managing the fund (expense ratio) affect the fund's net return and can impact its attractiveness to investors.

Fund Size: Larger funds may experience liquidity challenges when buying or selling securities, potentially affecting performance, especially during periods of market stress.

Investor Demand: High demand typically drives up the fund price, while large redemptions can put downward pressure on the price as the fund manager is forced to sell assets.

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