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LU1394762717

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Analysis and statistics

  • Open
    130.7037$
  • Previous Close
    130.7037$
  • 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

LU1394762717.EUFUND represents a Luxembourg-domiciled investment fund. Specifically, it is the Nordea 1 - European Covered Bond Fund BP EUR, a sub-fund of Nordea 1 SICAV. This fund primarily invests in Euro-denominated covered bonds issued by European financial institutions, aiming to provide investors with income while maintaining a relatively conservative risk profile compared to other fixed-income investments. Performance and holdings data can be obtained from Nordea's official website or other financial data providers.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the fund, such as stocks or bonds. Their market value fluctuations directly impact the fund's Net Asset Value (NAV).

Market Sentiment: General investor confidence and prevailing market trends influence demand for the fund. Positive sentiment often leads to increased investment and higher prices.

Fund Management Expertise: The skill of the fund manager in selecting and managing assets significantly impacts returns. A successful manager can drive outperformance and attract more investment.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and GDP growth can affect the performance of the fund's holdings, impacting its price.

Currency Fluctuations: For funds investing in international assets, exchange rate movements can impact the fund's value when translated back to the base currency.

Fund Flows: Large inflows into the fund can increase demand and potentially the price, while significant outflows may put downward pressure on prices.

Expense Ratio: The fund's operating costs, including management fees, directly reduce returns and can influence investor demand, potentially impacting the price.

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