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LU1102542534

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1d
1w
1m

Analysis and statistics

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About

LU1102542534 is the ISIN (International Securities Identification Number) for a fund. This specific ISIN refers to the Nordea 1 - European Covered Bond Fund AD EUR, a sub-fund of Nordea 1, SICAV. This fund primarily invests in Euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt securities backed by a pool of assets, offering a higher degree of security to investors. The fund's objective is to provide investors with a return exceeding that of the covered bond market in the Eurozone.
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Factors

Currency Exchange Rates: The fund's value is affected by EUR fluctuations relative to other currencies.

Underlying Asset Performance: Performance of assets held within the fund (stocks, bonds, etc.) dictates fund value.

Market Sentiment: Overall investor confidence and risk appetite impact demand and therefore price.

Fund Management Strategy: Investment decisions made by the fund managers affect returns.

Expense Ratio & Fees: Higher costs lower the fund's net asset value and thus influence the price.

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