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LU1075210382

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

Analysis and statistics

  • Open
    10.7982$
  • Previous Close
    10.7982$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

LU1075210382.EUFUND is a Luxembourg-domiciled investment fund, specifically the Nordea 1 - Global Climate and Environment Fund - BP EUR. The fund primarily invests in companies worldwide that are deemed to contribute positively to climate and environmental solutions. It aims to achieve long-term capital appreciation by selecting companies involved in areas such as renewable energy, resource efficiency, and environmental protection.
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Factors

Fund Performance: Positive returns attract investors, increasing demand and price. Negative performance can trigger redemptions, lowering the price.

Market Conditions: Broad market trends (bull or bear) impact fund performance, influencing its price. Economic growth or recession affects investor sentiment.

Sector Performance: The fund's investment focus (specific sectors) influences its price. Strong performance in those sectors boosts the fund's value.

Interest Rates: Rising rates can make bonds less attractive, impacting bond fund prices. Conversely, falling rates can increase bond fund prices.

Fund Management: The fund manager's skill in selecting and managing investments affects returns and, therefore, the fund's price. Manager changes can cause volatility.

Investor Sentiment: Overall investor confidence or fear can drive buying or selling pressure, impacting the fund's price regardless of fundamentals.

Currency Fluctuations: For funds investing internationally, currency fluctuations between the fund's base currency and the investment currencies affect returns and price.

Expenses & Fees: High expense ratios can detract from returns, potentially impacting the fund's appeal and price over the long term.

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