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LU1161083644

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1d
1w
1m

Analysis and statistics

  • Open
    20.2364$
  • Previous Close
    20.2364$
  • 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

LU1161083644 is the ISIN code for the Nordea 1 - European Covered Bond Fund BP EUR, a Luxembourg-domiciled UCITS fund. This fund primarily invests in Euro-denominated covered bonds issued by European institutions. Covered bonds are debt securities backed by a pool of assets, typically mortgages or public sector loans, providing a higher level of security to investors. The fund aims to generate income and capital appreciation by actively managing its portfolio of covered bonds within the parameters set by its investment policy.
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Factors

Fund Performance: LU1161083644.EUFUND's price is directly tied to its investment performance. Strong returns increase demand, pushing prices up.

Market Conditions: Broad market trends and economic factors, especially in Europe, impact the fund's underlying assets and, consequently, its price. Positive market sentiment tends to raise prices.

Interest Rates: Changes in interest rates can affect bond values if the fund holds fixed-income assets. Higher rates might lead to decreased bond values, impacting fund price.

Currency Fluctuations: As an EU fund, currency exchange rates between the Euro and other currencies can influence the value of its assets when expressed in other currencies.

Investor Sentiment: Overall investor mood and risk appetite can shift demand for the fund, thereby affecting its price. Fear causes selling and price drops.

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