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LU1599083729

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1m

Analysis and statistics

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About

LU1599083729 is the ISIN code for a Luxembourg-domiciled investment fund, specifically the Nordea 1 - Global Climate and Environment Fund, BP EUR (formerly the Nordea 1 - Global Environment Fund). This fund primarily invests in equities of companies that offer or utilize environmentally beneficial products or services, contributing to climate change mitigation or adaptation, resource efficiency, and pollution control. Its objective is to provide long-term capital growth while focusing on sustainable and environmentally responsible investments.
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Factors

Fund Performance: Past performance and the fund's ability to meet its investment objectives impact investor demand, affecting the price.

Market Conditions: Overall market trends, economic indicators, and investor sentiment influence the value of the underlying assets, thereby the fund's price.

Interest Rates: Changes in interest rates affect bond yields and the attractiveness of fixed-income investments, impacting the fund's price.

Fund Flows: Significant inflows or outflows of investor money can cause fluctuations in the fund's price.

Management Fees: High management fees can reduce returns, potentially impacting the fund's price compared to lower-fee alternatives.

Fund Composition: The specific assets held by the fund, their individual performance, and their weightings within the portfolio directly influence the fund's overall value.

Inflation: Rising inflation can erode the real value of investments, potentially affecting the fund's price.

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