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LU1429039032

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    156.1883$
  • Previous Close
    156.1883$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

LU1429039032.EUFUND refers to Nordea 1 - Emerging Market Corporate Bond Fund AE EUR, a fixed income fund focused on investing in corporate bonds issued by companies in emerging markets. The fund aims to generate income and capital appreciation by actively managing a diversified portfolio of these bonds. This fund is denominated in Euro.
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Factors

Asset Performance: The underlying assets held by the fund, primarily equities in European companies, drive its price. Strong performance of these companies positively impacts the fund's value.

Market Sentiment: Overall investor confidence and risk appetite towards European markets significantly influences demand and thus, the fund's price. Positive sentiment leads to higher demand and price.

Economic Conditions: Macroeconomic factors such as GDP growth, inflation, and interest rates in Europe affect the profitability of the companies the fund invests in, impacting the fund's value.

Currency Fluctuations: Changes in the exchange rate between the fund's base currency (likely EUR) and the investor's currency can impact the fund's return when converted.

Fund Flows: Large inflows of money into the fund can temporarily increase its price, while significant outflows can pressure it downwards due to selling pressure.

Management Fees & Expenses: The fund's expense ratio, including management fees and operational costs, reduces the overall return and indirectly affects the price.

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