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LU1477619297

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Analysis and statistics

  • Open
    104.7936$
  • Previous Close
    104.7936$
  • 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

LU1477619297.EUFUND refers to the Nordea 1 - Global Climate and Environment Fund - BP EUR fund. This fund invests globally in companies that are deemed to contribute to or benefit from solutions to climate change and environmental challenges, focusing on areas like renewable energy, energy efficiency, resource management, and pollution control. It aims to achieve long-term capital growth while promoting environmental sustainability. The BP EUR share class indicates the fund's base currency is EUR and it is a distributing share class.
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Factors

Fund Performance: Past and present performance heavily influences price. Strong returns attract investors, driving up demand and the fund's net asset value (NAV). Poor performance can lead to redemptions, decreasing the NAV.

Market Conditions: Broad economic trends, sector-specific performance (EU companies), and investor sentiment impact the underlying assets and, consequently, the fund's value. Positive outlook leads to higher prices.

Interest Rates: Interest rate changes can affect bond yields, company valuations (discount rates), and overall market liquidity, impacting the attractiveness and price of the EUFUND.

Fund Management: The skill and experience of the fund managers, their investment strategy, and their ability to adapt to changing market conditions all contribute to the fund's performance and therefore, its price.

Fund Fees & Expenses: Management fees, operating expenses, and transaction costs reduce the fund's overall return, which can indirectly affect its price relative to competitor funds with lower costs.

Currency Fluctuations: As an EU-focused fund, currency exchange rates (e.g., EUR vs. other currencies) can impact the value of its holdings when translated back to the fund's base currency.

Geopolitical Events: Major political events, regulatory changes in the EU, or global crises can introduce volatility and uncertainty, affecting investor confidence and the fund's price.

Supply and Demand: The interplay of buying and selling pressure determines the fund's market price. High demand typically pushes the price upwards, while increased selling pressure can lead to price declines.

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