Nordea fund has dropped 40% this year
Year-to-date, one of the bank’s balanced products has generated negative returns of 40%, to the bank’s dismay.
by stefan nygaard hansen, translated by catherine brett
Since the start of 2022, Nordea’s balanced product Portefølje Fleksibel has generated negative returns of 40%, Danish business daily Børsen reports, highlighting that during that period, the stock market as a whole has dropped 20%.
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