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LU1533169618

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

Analysis and statistics

  • Open
    144.109$
  • Previous Close
    144.109$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

LU1533169618.EUFUND represents a Luxembourg-domiciled investment fund. Specifically, it's a share class of the Nordea 1 - European Covered Bond Fund BP-EUR, an actively managed fund that primarily invests in euro-denominated covered bonds issued by European financial institutions. Covered bonds are generally considered a relatively safe asset class due to the dual recourse nature of their structure, meaning investors have a claim against both the issuing institution and a dedicated pool of assets. The fund aims to provide investors with a higher level of income and capital appreciation than traditional government bonds while managing credit and interest rate risk.
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Factors

Asset Performance: Underlying assets' value changes directly impact the fund's Net Asset Value (NAV).

Market Sentiment: Overall investor confidence and risk appetite affect demand and fund price.

Interest Rates: Central bank rate adjustments influence bond valuations within the fund.

Economic Indicators: GDP, inflation, and unemployment data shape market expectations and asset prices.

Fund Management: Managerial skill, asset allocation, and security selection affect fund performance.

Fund Flows: Large inflows/outflows impact liquidity and portfolio composition, affecting price.

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