Nordea 1 - Nordic Ideas Equity Fund BP EUR header image

Nordea 1 - Nordic Ideas Equity Fund BP EUR

Fund

ISIN LU0915372659 / Valor 21324821

NAV (2023-03-27)
EUR 226.46+1.33%

Nordea 1 - Nordic Ideas Equity Fund BP EUR
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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 selects companies that appear to offer superior growth prospects and investment characteristics. PAI is taken into consideration as part of the investment process. The fund mainly invests in equities of Nordic companies. Specifically, the fund invests at least 75% of total assets in equities and equity-related securities issued by companies that are domiciled, or conduct the majority of their business, in the Nordic region. The fund will be exposed (through investments or cash) to other currencies than the base currency. The fund may use derivatives and other techniques for hedging (reducing risks), efficient portfolio management and to seek investment gains. A derivative is a financial instrument which derives its value from the value of an underlying asset. The use of derivatives is not cost or risk-free. The fund is promoting environmental and/or social characteristics as per Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). Further information regarding the way the fund takes environmental and/or social criteria into account is available in the fund's prospectus and accessible via nordea.lu. The fund is subject to Nordea Asset Management's responsible investment policy. 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 Nordic 10/40 Index (Net Return), it may freely select the securities that it will invest in. The risk characteristics of the fund's portfolio may bear some resemblance to those of the benchmark. The fund uses a benchmark which is not aligned with the environmental and social characteristics of the fund. This share class is not distributing dividends. Income from investments is reinvested. The fund is denominated in EUR. Investments in this share class settle in SEK. EUR/SEK fluctuations may lead the performance in SEK of the share class to significantly deviate from the fund performance in EUR.

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