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LU1401873135

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1d
1w
1m

Analysis and statistics

  • Open
    100.0656$
  • Previous Close
    100.0656$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU1401873135.EUFUND represents the Nordea 1 - European Covered Bond Fund AD EUR, a sub-fund of Nordea 1, SICAV, an open-ended investment company (UCITS) established in Luxembourg. This fund primarily invests in euro-denominated covered bonds issued by European financial institutions, seeking to generate income and capital appreciation. Covered bonds are debt securities backed by a pool of assets, typically mortgages or public sector loans, offering investors a relatively secure investment in the fixed income market.
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Factors

FactorName: Underlying Asset Performance

Explanation: The fund's price is significantly influenced by the performance of the assets it holds, such as stocks or bonds. Positive performance in those assets generally leads to a higher fund price. FactorName: Market Sentiment

Explanation: Overall market sentiment, whether optimistic or pessimistic, can affect the fund's price. Broad market trends can drive investor behavior and influence fund valuations. FactorName: Interest Rate Changes

Explanation: Changes in interest rates, particularly in the Eurozone, can impact the value of fixed-income assets held by the fund, indirectly affecting the fund's overall price. FactorName: Fund Management Expertise

Explanation: The skill and strategies of the fund's managers in selecting and managing assets can significantly influence the fund's performance and, consequently, its price. FactorName: Currency Fluctuations

Explanation: If the fund invests in assets denominated in currencies other than the Euro, fluctuations in exchange rates can affect the Euro-denominated price of the fund.

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