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LU1172943745

$--
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1d
1w
1m

Analysis and statistics

  • Open
    137.5405$
  • Previous Close
    137.5405$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU1172943745.EUFUND refers to a share class of the NN (L) Patrimonial Balanced, a sub-fund of NN (L), an open-ended investment company established in Luxembourg. This particular share class is denominated in EUR (Euro) and is available to institutional investors. The fund aims to provide long-term capital appreciation by investing in a diversified portfolio of equities and fixed-income instruments. The allocation between asset classes is actively managed based on market conditions and the investment manager's outlook. Investors should consult the fund's prospectus for a complete description of the fund's investment objectives, risks, fees, and expenses before investing.
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Factors

The price of LU1172943745.EUFUND is influenced by various factors, primarily those affecting the underlying assets it holds. Market Performance: Overall market trends, specifically the performance of European stock markets or other asset classes the fund invests in, directly impact its Net Asset Value (NAV) and therefore, its price. Fund Holdings: The specific securities and assets held within the fund's portfolio, and their individual price movements, are a key determinant. For example, if the fund invests heavily in a particular sector, the performance of that sector will have a significant impact. Economic Indicators: Macroeconomic factors such as GDP growth, inflation rates, interest rates, and unemployment figures within the Eurozone or relevant countries can influence the performance of companies and assets held by the fund. Currency Fluctuations: Since the fund's assets may be denominated in different currencies, fluctuations in exchange rates, particularly between the Euro and other currencies, can impact the fund's Euro-denominated price. Fund Management: Decisions made by the fund's management team regarding asset allocation, security selection, and trading strategies can influence the fund's performance relative to its benchmark and peers, ultimately impacting its price. Investor Sentiment: Overall investor confidence and risk appetite can drive demand for the fund, affecting its price, particularly during periods of market volatility or uncertainty. Geopolitical Events: Political instability, policy changes, or global events affecting European economies or specific industries can introduce volatility and influence the fund's performance.

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