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LU1936094579

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1d
1w
1m

Analysis and statistics

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About

LU1936094579.EUFUND refers to Nordea 1 - European Covered Bond Fund BP EUR, a sub-fund of Nordea 1, SICAV, an open-ended investment company established in Luxembourg. This fund primarily invests in euro-denominated covered bonds issued by European institutions. The investment objective is to generate a return that is above the benchmark by actively managing a portfolio of high-quality covered bonds. Investors should consult the fund prospectus for detailed information regarding investment strategy, risk factors, and fees.
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Factors

Fund performance: Positive performance relative to its benchmark typically drives demand and price up; underperformance can lead to decreased demand and lower prices.

Market conditions: Broad economic factors, geopolitical events, and investor sentiment influence market prices, impacting fund assets and therefore its price.

Fund flows: High inflows can temporarily inflate the price as the fund purchases assets; outflows may necessitate selling assets, potentially lowering the price.

Management fees & expenses: Higher fees can detract from overall returns, which can decrease investor interest and thereby lower the price.

Underlying assets: The price movement of the underlying assets the fund holds directly impacts the fund's price.

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