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LU1484141228

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1d
1w
1m

Analysis and statistics

  • Open
    200.9667$
  • Previous Close
    200.9667$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LU1484141228.EUFUND represents an investment fund, specifically the Nordea 1 - European Covered Bond Fund BP EUR, a Luxembourg-domiciled fund managed by Nordea Investment Funds S.A. This fund primarily invests in euro-denominated covered bonds issued by European financial institutions, aiming to generate income and capital appreciation. Covered bonds are debt securities collateralized by a pool of assets, providing an additional layer of security compared to unsecured debt. The fund's performance is influenced by factors like interest rate movements, credit spreads, and the overall health of the European financial sector.
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Factors

Market Performance: Overall market conditions, including investor sentiment and economic trends, influence fund value.

Underlying Assets: The performance of the specific assets held within the fund's portfolio is a key driver of its price.

Fund Management: Decisions made by the fund manager, such as asset allocation and security selection, impact returns.

Expenses & Fees: Management fees, operational costs, and other expenses directly reduce the fund's net asset value (NAV).

Investor Demand: High demand can increase the fund price, while redemptions may lead to decreased price.

Interest Rates: Changes in interest rates can impact the valuation of fixed-income securities held by the fund.

Currency Fluctuations: If the fund holds assets denominated in foreign currencies, exchange rate variations affect its value.

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