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LU1105446931

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Analysis and statistics

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About

LU1105446931.EUFUND refers to the Nordea 1 - Global Climate and Environment Fund, a Luxembourg-domiciled fund managed by Nordea Investment Funds S.A. This fund invests globally in companies that are involved in activities related to climate change and environmental solutions, such as renewable energy, energy efficiency, waste management, and sustainable agriculture. It aims to provide long-term capital appreciation by focusing on companies that are expected to benefit from the transition to a low-carbon economy and the growing demand for environmental products and services.
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Factors

Issuer's performance: EUFUND's returns reflect the fund manager's stock picking, investment strategy success, and overall management effectiveness.

Market conditions: Broader economic trends, sector performance, and investor sentiment influence underlying asset values impacting fund performance.

Interest rate changes: Interest rate increases might reduce attractiveness of dividend-paying stocks in the fund, potentially affecting its price.

Expense ratio: Higher expense ratios can slightly erode fund returns, impacting investor demand and subtly affecting price.

Fund Flows: Large redemptions may force asset sales, potentially creating downward pressure on the fund's price.

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