Nordea 1 - North American Value Fund BQ SEK header image

Nordea 1 - North American Value Fund BQ SEK

Fund

ISIN LU2692255131 / Valor null

NAV (2023-10-10)
SEK 676.57+1.00%

Nordea 1 - North American Value Fund BQ SEK
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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. The fund mainly invests in equities of North American 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 North America. The fund may 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 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 Russell 3000 Value 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 reference index. This share class is not distributing dividends. Income from investments is reinvested. The fund is denominated in USD. Investments in this share class settle in EUR. USD/EUR fluctuations may lead the performance in EUR of the share class to significantly deviate from the fund performance in USD.

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