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LU1477743204

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Analysis and statistics

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About

The fund financial product with symbol LU1477743204.EUFUND refers to the Nordea 1 - Global Climate and Environment Fund, a sub-fund of Nordea 1, SICAV. This fund invests primarily in equities of companies worldwide that offer, use, or adopt environmentally sound technologies, promote environmentally-friendly consumption, or focus on the preservation of natural resources. It seeks to achieve long-term capital appreciation by focusing on companies contributing to solutions for climate change and environmental challenges. The EUFUND suffix might be used to denote a specific share class or distributor affiliation within the European Union.
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Factors

Underlying Assets: The fund's price is directly influenced by the value of the assets it holds, such as stocks or bonds.

Market Conditions: Broader economic trends, investor sentiment, and geopolitical events can significantly impact the fund's overall performance.

Interest Rates: Changes in interest rates can affect the value of fixed-income securities held by the fund, potentially influencing its price.

Fund Management: The skill and strategy of the fund manager in selecting and managing assets can have a considerable impact on returns.

Supply and Demand: The buying and selling pressure for the fund's shares in the market can also impact its price.

Expense Ratio: The fund's operating expenses, including management fees, can reduce its returns, thereby affecting its price over time.

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