Nordea 1 - Empower Europe BQ NOK

Objectives and investment policy The fund's objective is to provide shareholders with investment growth in the long term. In actively managing the fund’s portfolio, the management team focuses on companies across market capitalizations that benefit from an increased focus on energy resilience, industrial production reshoring, and defence and cyber security, and that appear to offer superior growth prospects and investment characteristics. The fund mainly invests in equities of European companies. Specifically, the fund invests at least 75% of total assets in equities and equity-related securities issues by companies that are domiciled, or conduct the majority of their business, in Europe. The fund may be exposed (through investments or cash) to other currencies than the base currency. The fund may use derivatives for hedging (reducing risks), efficient portfolio management and to seek investment gains. The fund is promoting environmental and/or social characteristics as per Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). The fund partly invests in sustainable investments. The fund considers principal adverse impacts on sustainability factors. Further information is available in the fund's prospectus and on www.nordea.lu. Any investor may redeem its shares in the fund on demand, on a daily basis. This fund may not be appropriate for investors who plan to withdraw their money within a period of 5 years. While the fund compares its performance against the MSCI Europe IMI Index (Net Return), it may freely select the securities that it will invest in. The benchmark is used for performance comparison only and the investment manager may freely select the securities that it will invest in. Risk characteristics of the fund's portfolio may bear some resemblance to those of the benchmark. This share class is not distributing dividends. Income from investments is reinvested. The fund is denominated in EUR. Investments in this share class settle as well in EUR.