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DNB SMB

DNB SMB is an actively managed equity fund that mainly invests in shares in small and medium-sized companies listed on the Oslo Stock Exchange.

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  • Invests in small and medium-sized businesses, mainly in Norway

  • Voted the best Norwegian equity fund by Dine Penger (Your Money) in 2023

  • On a mobile phone, you buy DNB SMB in The Spare app

You can buy DNB SMB in the online bank or the Spare app.

Investing in DNB SMB normally gives broad exposure across sectors on the Oslo Stock Exchange, through small and medium-sized companies.

The mutual fund is able to invest up to 20 per cent in global regulated markets.

Minimum purchase amount is NOK 100. With a savings scheme in mutual funds, your savings happen automatically every month.

Costs for DNB SMB A

  • Annual cost 1.15%
  • Ongoing charge: 0.85%
  • Platform fee 0.30%

Price example: For an amount of NOK 100,000 invested, the platform fee will be NOK 300 and ongoing costs will amount to NOK 850 over the course of one year. A total of NOK 1150 per year.

Any transaction costs to the Portfolio Manager are not included in the cost overview. These are given under cost details on the summary page before you buy the mutual fund.

Pricing model for mutual funds

Management of DNB SMB

DNB Norge is managed by Dag Hammer who has 27 years’ experience in investment fund management. The fund is managed very actively, where the manager tries to be early to spot trends. Over time, investment in SMB shares has yielded a higher return than the Oslo stock exchange. The fund has been named Norway’s best equity fund a number of times.

Savings advice

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Find out which type of investment is right for you. Our advisers will do a review of your overall finances and what you want to get from your savings.

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The Spare app

The Spare app brings all your savings together in one place and gives you a full overview of your investments.

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.

See more mutual funds here

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