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NDJQ

20.85100 EUR
0
0%
Last update May 9, 8:31 AM CEST
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Day range
20.85100
20.85100
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20.85100
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20.85100
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Nordea Investment Funds S.A. - Danish Covered...
20.85
0
0%

Overview

Description

Nordea Investment Funds S.A. - Danish Covered Bond Fund B-Acc EUR represents a specialized mutual fund tailored for investors seeking exposure to the Danish covered bond market. The primary function of this fund is to provide investors with steady income while preserving capital by investing primarily in high-quality covered bonds issued in Denmark. Danish covered bonds are known for their robust legal frameworks and high credit ratings, making them attractive investment vehicles for risk-averse investors. The fund benefits from Denmark's stable financial environment and strong regulatory oversight, which bolsters the security of the bonds it holds. Additionally, the fund is structured under the Luxembourg-based Nordea Investment Funds, benefiting from a broad base of expertise in fund management. This particular share class, "B-Acc EUR," does not distribute dividends, opting instead to reinvest income back into the fund, which can be advantageous for investors focused on compound growth. In the broader financial market, the fund plays a crucial role by providing liquidity and stability, servicing both institutional and retail investors looking for exposure to the relatively stable Danish fixed-income sector.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XMUN
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Exchange is currently closed (non-working day)
Main market opens in 8 hours 34 minutes

23:25
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Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
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