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LU1705558051

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1w
1m

Analysis and statistics

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About

LU1705558051 identifies a financial product, specifically the Nordea 1 - Global Climate and Environment Fund BP EUR. This is an equity fund managed by Nordea Investment Funds S.A. The fund aims to generate long-term capital appreciation by investing primarily in companies worldwide that are deemed to contribute to or benefit from the mitigation of or adaptation to climate change and the preservation of the environment. Investors should consult the fund's prospectus for detailed information regarding investment strategies, risks, and fees.
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Factors

Investment Performance: The underlying assets' performance directly impacts the fund's price. Positive returns increase the price, while losses decrease it.

Market Conditions: Overall market sentiment, economic trends, and industry-specific factors influence the value of the fund's holdings.

Supply and Demand: Higher demand for the fund increases its price, while increased selling pressure can lower it.

Fund Management: The fund manager's investment decisions and strategies play a crucial role in the fund's performance and price.

Expense Ratio: The fund's operating expenses, including management fees, affect the overall return and, consequently, the price.

Currency Fluctuations: If the fund invests in foreign assets, exchange rate movements can impact the fund's value.

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

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