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LU0985951127

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--%
1d
1w
1m

Analysis and statistics

  • Open
    238.7577$
  • Previous Close
    238.7577$
  • 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
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  • Volume
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About

LU0985951127.EUFUND is the ISIN (International Securities Identification Number) for a specific share class of a fund. This particular ISIN identifies a share class within the Nordea 1 - Global Stable Equity Fund - EUR Unhedged AE fund, as of October 26, 2023. It represents an accumulating share class denominated in EUR, without currency hedging. This means that any returns generated by the fund are reinvested, rather than distributed as dividends, and the returns are subject to exchange rate fluctuations between the fund's underlying assets and the Euro.
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Factors

Underlying Assets Performance: The fund's price heavily depends on the performance of the assets it holds, primarily stocks or bonds, within its portfolio. Rising asset values increase the fund's net asset value (NAV).

Market Sentiment: General market optimism or pessimism can influence investor demand, affecting the fund's price, especially if trading above or below NAV.

Interest Rates: Changes in interest rates impact bond values (if bonds are held) and can influence investor preferences, shifting capital flows.

Economic Conditions: Economic growth, inflation, and unemployment affect corporate earnings and investment attractiveness, impacting the fund's performance.

Fund Management Expertise: The skill and strategy of the fund manager in selecting and managing assets play a crucial role in returns.

Expense Ratio: High expense ratios can reduce the fund's overall return, impacting its attractiveness to investors.

Currency Fluctuations: If the fund invests in international assets, currency exchange rates can impact returns when converted back to the fund's base currency.

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