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LU1024300938

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1d
1w
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Analysis and statistics

  • Open
    916.1501$
  • Previous Close
    916.1501$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU1024300938.EUFUND represents a fund offered by Nordea Investment Funds S.A., specifically the Nordea 1 - European Covered Bond Fund - BP EUR. This fund invests primarily in euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt securities backed by a pool of assets, offering an additional layer of security. The fund aims to provide investors with a return comparable to the covered bond market, while managing credit and interest rate risks.
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Factors

Investment Strategy: The fund's focus, for example, investing in specific sectors or geographies, impacts returns and risk, thus affecting the price.

Market Conditions: Overall economic climate, including inflation, interest rates, and geopolitical events, influences the value of underlying assets.

Fund Performance: Historical returns and relative performance compared to its benchmark and peers directly influence investor demand and fund price.

Expense Ratio: The fund's management fees and operating expenses reduce returns, ultimately impacting its price, higher expenses generally lead to lower prices.

Net Asset Value (NAV): The underlying value of the fund's holdings, calculated daily, directly determines the fund's price per share or unit.

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