DNB Norge Selektiv
DNB Norge Selektiv is an actively managed equity fund that mainly invests in large companies listed on the Oslo Stock Exchange.
Actively managed equity fund
Invests in large companies listed on the Oslo Stock Exchange
You can buy DNB Norge Selektiv in the online bank or Spare app.
DNB Norge Selektiv is an actively managed equity fund that mainly invests in large and medium-sized companies listed on the Oslo Stock Exchange. The fund has delivered solid returns since 2019 and was awarded the third best equity fund in Norway in 2022.
The mutual fund is actively managed and tracks the Oslo Stock Exchange benchmark index (OSEBX). Over time, the fund’s return could deviate significantly from the benchmark index.
The mutual fund’s goal is to maximise the return on the fund’s investments in the long term, without taking more risks than necessary. The Portfolio Manager tries to create additional returns by selecting shares assessed, among other things, according to value creation, valuation and ability to generate earnings.
Minimum purchase amount is NOK 100. With a savings scheme in mutual funds, your savings happen automatically every month.
Active management
Active management means that the fund manager selects a different composition of securities in the mutual fund than the composition of the fund’s benchmark index in order to try to generate better returns.
Management of DNB Norway Selektiv
DNB Norge Selektiv is managed by Dag Hammer who has 27 years’ experience in managing funds. The fund is managed very actively, where the manager tries to be early to spot trends.
Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the skill of the Portfolio Manager, the mutual fund’s risk, and the management costs. Returns may be negative as a result of mark-to-market losses.
Equity fund
Equity funds are suitable for people who want to save for more than six years and who can tolerate volatility in value in the meantime.
