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LU1797816383

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Analysis and statistics

  • Open
    8.9399$
  • Previous Close
    8.9399$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

LU1797816383.EUFUND refers to an investment fund, specifically the Nordea 1 - Global Climate and Environment Fund, BP-EUR. This fund primarily invests in companies that contribute to or benefit from solutions addressing climate change and environmental challenges. It is denominated in Euro (EUR) and managed by Nordea Investment Funds S.A. The fund aims to provide long-term capital growth by investing in a diversified portfolio of global equities.
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Factors

Investment Performance: The fund's performance, driven by its underlying investments, directly impacts its price. Strong returns increase demand, pushing prices up, while poor returns decrease demand, lowering prices. Market Conditions: Broader market trends, such as economic growth, interest rates, and investor sentiment, influence fund prices. Bull markets generally lift fund values, while bear markets depress them. Sector Performance: The fund's specific sector focus, likely European markets based on the "EUFUND" name, means performance of European stocks and bonds will impact its price. Strong European markets increase its value, and weak European markets decreases its value. Fund Management: The skill and strategy of the fund manager in selecting and managing investments affect performance and, consequently, the fund's price. Expense Ratio: The fund's operational costs, reflected in the expense ratio, can slightly dampen returns and thus affect the price. Lower expense ratios are generally favorable. Supply and Demand: Basic supply and demand principles apply. High demand from investors increases the fund price, while increased selling pressure lowers it.

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