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LU1062843260

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Analysis and statistics

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About

LU1062843260 is the ISIN (International Securities Identification Number) for a fund. Without specifying ".EUFUND," LU1062843260 identifies a specific sub-fund of the Nordea 1, SICAV fund range, namely the Nordea 1 - Global Climate and Environment Fund, BP-EUR share class. This fund invests globally in companies that offer solutions to climate change and environmental challenges, focusing on areas like renewable energy, energy efficiency, water management, and pollution control. The BP-EUR share class is denominated in Euro and typically available to a wider range of investors. The fund aims to provide long-term capital growth by selecting companies believed to benefit from, and contribute to, a more sustainable environment.
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Factors

Fund Performance: The fund's historical and current performance directly impacts its price. Strong returns generally lead to higher demand and increased price.

Market Conditions: Overall economic conditions, market sentiment, and industry trends influence investor confidence and the fund's underlying assets.

Fund Holdings: The performance of the specific assets held within the fund (stocks, bonds, etc.) determines its net asset value (NAV) and ultimately its price.

Management Fees: The fund's expense ratio, including management fees, impacts returns and can indirectly influence its price by reducing profitability.

Supply and Demand: The balance between investor buying and selling pressure affects the fund's market price, particularly for exchange-traded funds (ETFs).

Interest Rates: Changes in interest rates can affect the value of fixed-income securities held in the fund, thus impacting the overall price.

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