DNB OBX Derivat Bear

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DNB OBX Derivat Bear is an Exchange Traded Fund listed on the Oslo Stock Exchange. The Fund aims to achieve a daily return twice the inverse daily return of the OBX-index. The OBX-index is compiled of the 25 most actively traded shares on the Oslo Stock Exchange over the preceding six months.

The ticker code of the fund is OBXEDDBEAR, and price information for the fund is available in the share price list. You can trade in the fund by using DNB's online share trading service.

An investment in the Fund is suitable for those investors expecting a general decline in the value of shares traded on the Oslo Stock Exchange and willing to accept a high degree of volatility and risk.
 
The Fund offers investors a geared exposure towards an increasing market.
 
DNB OBX Derivat Bear is suitable for:
  • Customers requiring a diversified portfolio rather than individual shares, as the fund gives cost-effective adjustments and is a well-known instrument.
  • Individuals who want a geared exposeure towards a declining market and are willing to accept a high degree of volatility and risk.
  • Those who are not willing to take the risk of investing in individual companies
  • Customers who engage in very active portfolio management
  • Those who believe the market is efficient, i.e. that all information is reflected in share prices and that it is not possible to outperform the market through active investing based on company analysis
  • Those who wish to engage in short sales (i.e. to sell without owning) without having to trade in individual shares.
 

Split i DNB OBX Derivat Bear

Stock Markets Report 2008.12.11:
Please be advised that DNB Kapitalforvaltning AS has decided to implement a stock split (1:3) in the ETF, DNB OBX Derivat Bear (OBXEDDBEAR).
 
Ex. date will be 17.12.2008 with settlement date 19.12.2008. The holdings for shareholders will be updated on settlement date in the Securities Registry.
 
New round lot is still 100 shares.
Contact Equity Sales and Research