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NL0014332579

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Analysis and statistics

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About

NL0014332579.EUFUND is the ISIN code for the NN (L) Patrimonial Balanced - X Cap EUR fund. This fund, managed by NN Investment Partners, aims to provide long-term capital appreciation by investing in a diversified portfolio of equities and fixed-income securities. The fund's objective is to achieve a balanced risk/return profile, and it invests primarily in euro-denominated assets. It is a capitalization share class, meaning that income generated by the fund is reinvested rather than distributed to investors.
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Factors

Fund performance: The underlying investments' performance directly impacts the fund's Net Asset Value (NAV).

Market conditions: Broad economic trends and sentiment in European markets where the fund invests affect asset valuations.

Interest rates: Changes in interest rates can influence the value of fixed-income assets held by the fund.

Currency fluctuations: As the fund invests in European assets, currency exchange rates, especially EUR, impact returns.

Fund management fees: The fund's expense ratio, encompassing management and operational fees, reduces overall returns.

Investor demand: Increased demand can drive up the fund's price, while redemptions can exert downward pressure.

Geopolitical events: Political instability or significant policy shifts in Europe can impact investor confidence and asset values.

Inflation: Higher inflation can erode real returns and prompt central bank responses, affecting asset valuations.

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