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LU1176911797

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1d
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Analysis and statistics

  • Open
    182.6098$
  • Previous Close
    182.6098$
  • 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

LU1176911797.EUFUND refers to the Nordea 1 - Global Climate and Environment Fund BI EUR, a fund managed by Nordea Investment Funds S.A. It's an equity fund that invests globally in companies which are deemed to contribute to solutions for climate change and environmental issues, aiming to provide long-term capital growth. The 'BI EUR' denomination indicates a specific share class of the fund denominated in Euro.
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Factors

Underlying Asset Performance: The price of LU1176911797.EUFUND is primarily driven by the performance of its underlying assets, which likely comprise a portfolio of European stocks, bonds, or other financial instruments. Their price fluctuations directly impact the fund's Net Asset Value (NAV).

Market Sentiment: Overall investor sentiment toward European markets significantly influences demand for the fund. Positive sentiment, driven by economic growth or political stability, can increase demand and push the price up, while negative sentiment can lead to selling pressure and price decline.

Fund Management Expertise: The skill and strategy of the fund's management team in selecting and managing assets play a crucial role. Successful investment decisions contribute to higher returns and a more attractive fund price.

Economic Conditions: Macroeconomic factors in Europe, such as GDP growth, inflation rates, interest rates, and unemployment levels, can impact the profitability of companies within the fund's portfolio and thus influence the fund's value.

Currency Fluctuations: If the fund invests in assets denominated in currencies other than the fund's base currency (likely EUR), currency exchange rate fluctuations can affect returns. A weakening Euro against other currencies would increase the fund’s value.

Supply and Demand: As with any investment, the price of LU1176911797.EUFUND is subject to basic supply and demand dynamics. High demand relative to available units will push the price up, while an oversupply can lead to price decreases.

Expense Ratio and Fees: The fund's expense ratio (annual fees) and other associated costs impact the net return to investors. Higher expenses reduce returns, potentially making the fund less attractive compared to lower-cost alternatives, thus indirectly influencing the price.

Geopolitical Events: Political events, such as elections, policy changes, or international relations, can create uncertainty in financial markets and affect investor confidence, ultimately impacting the fund's price.

Interest Rate Changes: Changes in interest rates, especially by the European Central Bank (ECB), can impact the valuation of bonds and other fixed-income securities held within the fund, thereby affecting its price.

Regulatory Changes: New regulations or changes to existing financial regulations in Europe can influence the investment environment and affect the profitability and attractiveness of companies within the fund’s holdings, subsequently influencing its price.

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