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LU1111098858

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1d
1w
1m

Analysis and statistics

  • Open
    27.223$
  • Previous Close
    27.223$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

LU1111098858 is the ISIN (International Securities Identification Number) for a fund called Nordea 1 - European Covered Bond Fund BP EUR. This fund, domiciled in Luxembourg, primarily invests in euro-denominated covered bonds issued by European financial institutions. Covered bonds are debt securities backed by a pool of assets, typically mortgages or public sector loans, offering an additional layer of security for investors. The fund aims to generate income while maintaining a focus on credit quality within the covered bond market.
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Factors

Underlying Asset Performance: The primary driver of LU1111098858.EUFUND's price is the performance of its underlying assets. If the assets held by the fund appreciate, the fund's net asset value and price increase.

Market Conditions: Broad economic and market conditions heavily influence the fund's price. Positive market sentiment typically leads to higher prices, while negative sentiment can cause declines.

Interest Rate Changes: Interest rate fluctuations impact bond prices, and indirectly influence equity valuations. Changes in interest rates affect the attractiveness of LU1111098858.EUFUND.

Fund Flows: Inflows and outflows of capital to and from the fund can affect its price. Large inflows may push the price upwards, while significant outflows can exert downward pressure.

Management Fees and Expenses: The fund's management fees and other expenses directly impact its net asset value. Higher fees can reduce the fund's overall return and price.

Currency Exchange Rates: For funds investing in international assets, currency exchange rate fluctuations can impact returns when translated back to the fund's base currency.

Investor Sentiment: Overall investor sentiment towards the asset classes held within LU1111098858.EUFUND plays a crucial role. Bullish sentiment can drive prices higher, while bearish sentiment can lead to sell-offs.

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