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LU1883860246

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Analysis and statistics

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About

LU1883860246.EUFUND refers to Nordea 1 - Global Climate and Environment Fund AD-EUR, a sub-fund of Nordea 1, SICAV, a Luxembourg-domiciled open-ended investment company. This fund primarily invests in equities of companies that are deemed to contribute positively to addressing climate change and environmental challenges, typically focusing on areas such as renewable energy, energy efficiency, water management, and pollution control. Its objective is to provide long-term capital appreciation, with a specific emphasis on sustainable and responsible investing within the global climate and environment sector.
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Factors

Fund Performance: Historical performance directly impacts investor demand and thus price. Strong returns attract more investment, increasing the price.

Market Conditions: Overall market trends, especially in the EU, affect fund holdings. A bullish market generally lifts the fund, while a bearish one can drag it down.

Sector Performance: The sectors in which the fund invests significantly influence its value. Positive sectorial performance leads to higher fund value.

Fund Manager Skill: The fund manager's decisions on asset allocation and security selection directly impact returns and, consequently, the fund's price.

Expense Ratio: Higher fees can erode returns and potentially impact the fund's attractiveness compared to lower-cost alternatives.

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