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LU1941682681

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1d
1w
1m

Analysis and statistics

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About

LU1941682681 refers to the fund Nordea 1 - Global Climate and Environment Fund AE EUR. It is a sub-fund of Nordea 1, SICAV, a Luxembourg-domiciled open-ended investment company. The fund aims to provide long-term capital appreciation by investing in companies that are expected to benefit from or contribute to climate change solutions and environmental sustainability. The EUFUND addition to the symbol likely indicates that the data provider or financial institution uses this designation to differentiate between share classes or platforms where the fund is offered.
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Factors

Fund Performance: Past and present investment performance greatly influences investor demand and thus the price. A strong track record usually attracts more investment. Market Conditions: Broader economic trends, sector performance, and investor sentiment directly impact the value of the underlying assets the fund holds. Bull markets generally increase fund value. Fund Management: Decisions made by the fund manager regarding asset allocation and security selection significantly affect the fund's performance and subsequent price. Expense Ratio: Higher expenses can detract from returns, potentially lowering the fund's attractiveness and price relative to similar lower-cost funds. Supply and Demand: The basic economic principle applies. Increased demand drives up the price, while increased selling pressure lowers it. Redemption rates play a role.

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