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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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  • Actively managed equity fund

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

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

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

dine penger recommends

DNB SMB scored six out of six at Dine Penger, October 2023.

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

The mutual fund can 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.

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.

Portfolio Manager Dag Hammer talks about DNB SMB (in Norwegian only)

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.

  • See more equity funds
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Buy mutual funds in the savings app Spare

In the savings app Spare, you can easily buy new mutual funds and monitor their development.

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.

EU classification of mutual funds and sustainability in our advisory services

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SFDR is the regulation in the EU action plan for sustainable finance. SFDR ensures that financial institutions publish their financial products’ investment strategy, investment objectives and actual investments.

See more mutual funds here

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