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LU1640626609

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Analysis and statistics

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About

LU1640626609 is the ISIN (International Securities Identification Number) for a fund. It identifies a financial product globally. Based on the ISIN, the fund referenced is the Nordea 1 - Global Climate and Environment Fund, a sub-fund of Nordea 1, SICAV, a Luxembourg-domiciled fund. It typically invests in companies that are expected to benefit from growing demand for products and services that address environmental challenges and resource scarcity, focusing on areas like clean energy, energy efficiency, water and waste management, and sustainable agriculture. The suffix ".EUFUND" is not part of the official ISIN and may be an indicator of the source or platform where the information is being displayed, implying that it is being presented as an EU-compliant fund. However, to obtain the most accurate and up-to-date information on the fund's specific investment strategy, fees, and performance, refer to the official fund prospectus and Key Investor Information Document (KIID).
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Factors

Market Conditions: General market sentiment, economic growth, and investor confidence influence demand and therefore fund price.

Fund Performance: The historical returns and risk-adjusted performance of the fund directly impact investor interest.

Asset Allocation: The fund's investment strategy, including the types and proportions of assets held, affects its vulnerability to market fluctuations.

Interest Rates: Changes in interest rates influence bond yields and overall investment attractiveness, affecting fund value.

Fund Size: A large fund size can impact liquidity and management flexibility, potentially affecting its pricing dynamics.

Expense Ratio: Higher management fees and operating expenses reduce net returns, potentially impacting the fund's price.

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