New pricing model for mutual funds
How will the change affect you?
- Management fee to the mutual fund
- Platform fee to DNB for the services we provide to you
Endringen medfører ingen økning i totalkostnaden for sparing i fond. Prisen du betaler blir enten lik eller lavere.
What does the change mean for you?
The management fee is charged to the mutual fund as before, but you can decide how you want to pay platform fees that are charged every quarter. You can choose to have the charge made against your mutual fund as before, or have it deducted from your DNB account. If you choose to have it charged to the mutual fund, a small number of mutual fund shares will be sold to cover the platform fee. You can easily make this decision in the Spare app or with online banking. You’ll receive information from us when the choice of payment method is available.
Customers under 18 years of age will not be charged a platform fee, and will therefore have lower mutual fund costs under this new model.
What does this mean in practice?
Choice of payment method
If you do not choose payment methods for platform fees, the deduction will be made from your account in DNB. If you don’t have an account in DNB, the platform fees will be charged to the fund when redeeming fund shares.
Which payment method is right for you?
Example of price change actively managed equity fund: | |||||
---|---|---|---|---|---|
Current overall price | New overall price | Price reduction | New management fee | New platform fee | |
DNB Global A | 1.20% | 1.15% | 0.05% | 0.85% | 0.30% |
DNB Technology A | 1.20% | 1.15% | 0.05% | 0.85% | 0.30% |
Example of price change index fund: | |||||
Current overall price | New overall price | Price reduction | New management fee | New platform fee | |
DNB Global Index A | 0.20% | 0.20% | 0.10% | 0.10% | |
DNB Climate Index A | 0.30% | 0.30% | 0.20% | 0.10% | |
Example of price change balanced fund: | |||||
Current overall price |
New overall price | Price reduction | New management fee | New platform fee | |
DNB Active 50 A | 0.95% | 0.90% | 0.05% | 0.65% | 0.25% |
DNB Active 80 A | 1.10% | 1.05% | 0.05% | 0.75% | 0.30% |
Example of price change fixed-income fund: | |||||
Current overall price | New overall price | Price reduction | New management fee | New platform fee | |
DNB Active Rate | 0.50% | 0.40% | 0.10% | 0.20% | 0.20% |
DNB Obligation A | 0.50% | 0.40% | 0.10% | 0.20% | 0.20% |
Examples of what platform fees are in NOK | ||
Amounts in actively managed equity fund | Quarterly platform fees | Annual platform fees |
NOK 100 000 | NOK 75 | NOK 300 |
NOK 60 000 | NOK 45 | NOK 180 |
Amount in index fund | Quarterly platform fees | Annual platform fees |
NOK 100 000 | NOK 25 | NOK 100 |
NOK 60 000 | NOK 15 | NOK 60 |
Updated terms and conditions
Funds from mutual funds companies other than DNB
DNB also offers a number of external funds – these are mutual fund from other companies. These will still be available on our platforms. The choice of mutual funds consists of mutual funds with both the old and the new pricing model. All mutual funds will gradually switch over to the new pricing model when instructed to do so by the Financial Supervisory Authority of Norway, but this will take some time.
Read how to fill out the tax return on DNB News
New pricing model FAQs
Read more about the new pricing model at DNB News
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.
Compare our prices with other companies at Finansportalen.no.