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SE0000355828

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Analysis and statistics

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About

SE0000355828.EUFUND is the ISIN (International Securities Identification Number) for the fund SPP Grön Obligationsfond. It's a Swedish bond fund primarily investing in green bonds issued by entities aiming to contribute to positive environmental or climate-related impact. These bonds can finance projects within areas like renewable energy, energy efficiency, sustainable transportation, and pollution prevention. The fund's investment strategy focuses on companies and projects demonstrably contributing to a greener future.
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Factors

Underlying Asset Performance: The fund's price heavily depends on the performance of its underlying investments (stocks, bonds, etc.) in the EU market. Market Conditions: Overall economic and market sentiment within the European Union significantly influences fund value. Interest Rates: Changes in interest rates set by the European Central Bank can impact bond yields and therefore the fund's returns. Currency Fluctuations: As it's an EU fund, currency exchange rates between the Euro and other currencies affect the fund's value, especially if it holds non-Euro assets. Fund Management Expertise: The skill of the fund managers in selecting and managing investments greatly affects the fund's performance. Expense Ratio: The fund's expense ratio (management fees, operating costs) directly impacts returns, higher expenses reduce investor profits.

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