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Oslo Stock Exchange’s shares in one package

The exchange traded fund DNB OBX ETF gives you the 25 most traded shares on the Oslo Stock Exchange in one product.

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  • Affordable way to invest in an index

  • Spread risk easily and effectively

  • Can be shorted

You buy shares in the same way that you trade individual shares when you are logged in to the equity trading service.

Summary of shares in DNB OBX

Updated share prices

Click here for up-to-date share prices OBX

DNB's exchange-traded fund DNB OBX* is tied to the benchmark index on the Oslo Stock Exchange. The ETF will always consist of the 25 most traded shares on the Oslo Stock Exchange over the last six months.

An affordable and liquid way of investing in an entire market!

When you buy shares of this ETF, you get a piece of the OBX index at an affordable price. You only pay 0.2% in management fees plus the normal brokerage fee when you buy and sell. It is easy to buy and sell shares, and follow the movements through our equity trading service.

Shares of ETFs are bought in the same way that you would buy shares of individual companies

When you are on DNB's equity trading service, you will find the ETF by searching either DNB OBX orfor the ticker OBXD. You will find price details for the fund in the share price list and on the Oslo Stock Exchange’s website.

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Buying shares packaged into an ETF is affordable and simple. If you have confidence in the future of Norway’s biggest companies, DNB OBX is a good choice for you.

Who is the DNB OBX fund suitable for?

  • Customers who want to spread the risk in their portfolio in an affordable and effective way
  • People who want a liquid exposure to the Oslo Stock Exchange
  • People who want index returns
  • People who are not willing to take the risk of investing in individual companies
  • People who believe that the market is efficient, that is, that all information is priced into the market and that it is not possible to earn money on management based on researching companies
  • Possibility of ‘shorting’ (selling without owning). Read more about shorting here.

*The fund has been set up and is managed by DNB Asset Management, while DNB Carnegie will set buy and sell prices on an ongoing basis, thereby being the ‘market maker’.

Questions and answers about ETFs

What is an exchange-traded fund, an ETF?

An Exchange Traded Fund (ETF) is a mutual fund that you can trade on the stock exchange. These mutual funds can consist of shares or other securities that follow the price of an underlying index.

By trading ETFs, you can get exposure to shares, indices, currencies and commodities just as easily as you trade a share.

Some of the products give you both short and long exposure to the underlying asset, as well as increased exposure through gearing.

Where can I find the ETFs that DNB offers?

You will find the selection of Norwegian and international ETFs in the online equity trading service. When you log in, click on the summary page in the online equity trading service and then on ‘Markets and Prices’.

Several of the ETFs are registered on foreign stock exchanges. In order to trade on foreign stock exchanges, you must sign an agreement on foreign deposits.

This agreement can be signed by clicking on ‘My profile’ and selecting ‘Securities - Foreign’.

Is there a minimum amount for buying ETFs?

The minimum amount for buying an ETF is the price of one share in the ETF in question. If, for example, the ETF is trading for NOK 67, the minimum amount will be the same.

Which types of commodity ETFs can I buy through DNB?

You will find a summary by clicking through to the summary page in the online equity trading service and then choosing ‘Market and Prices’. Here you can use the search function to find the products in question.

How can I buy and sell in purely practical terms?

ETFs are traded in the online equity trading service in your online bank, in exactly the same way as a share.

At this page you will get a step-by-step explanation of how to buy shares and ETFs.

What is the difference between and ETF and a mutual fund?

You can buy normal funds, or mutual funds, directly from your bank or from a mutual fund provider. Mutual funds are managed, either passively (index funds) or actively, by a portfolio manager.

Even index funds, passively managed funds, will often involve a small element of management. Unethical and environmentally hostile companies will for example be removed. An index fund is hence not exactly the same as the index it measures itself against, but slightly adapted. However, an ETF that invests in an index will contain all of the companies in the index – no companies are excluded.

Because an ETF is a completely passive reflection of a share index or price index, these funds are usually also cheaper than mutual funds.

What does it cost to buy and sell ETFs?

To buy and sell ETFs, you pay brokerage fees in the same way as when buying shares. The brokerage fee is the same but varies for the different marketplaces.

Equity trading price list

What is a commodity ETF?

A commodity ETF has commodities as the underlying index, which could be, for example, oil, electricity or gold.

If you believe a rise or fall in commodity prices is coming, you can buy a commodity ETF that is invested in the commodity you want. The value of the ETF will vary with the price fluctuation in the commodity that the fund has invested in.

How can I follow the changes in value?

Under the ‘Portfolio and Orders’ tab, you will be able to follow the price changes of the ETFs.

Can I buy and sell ETFs at any time of the day?

You can place your order 24 hours a day, but it will only be executed during the exchange’s opening hours, which are 09:00–16:25 Monday to Friday (applies to the Oslo Stock Exchange).

You will find the opening hours of the other stock exchanges we offer for trading under international shares.

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