Skip to main content
DNB Logo
Search
To Mutual funds
  • Help and guidance
  • Find your DNB office
  • Make an appointment

Footer navigation

©

DNB Logo

Index fund

Equity fund for people who prioritise low costs.

Woman sitting at a table in an office looking at a computer
  • Good selection of index-linked funds

  • Low costs

  • On your mobile phone you buy index funds and get a full overview of your savings in The Spare app

What is an index fund?

An index fund is an equity fund that is suitable for people who prioritise low costs and have a savings timeframe of more than six years. You can usually choose between two different types of fund – index funds or active funds.

Index funds only follow the movements of a stock market index and do not try to beat it. These kinds of mutual funds are therefore cheaper to run than actively managed mutual funds. This benefits you as the customer because the management fee is much lower. Low costs can be positive for the returns you achieve on your savings in the long term.

See all our funds

DNB index management

DNB Asset Management has appointed Eivind Aukrust as manager of index-linked strategies. He works together with Erling Syversveen Lie, who is the junior portfolio manager.

Together, they have a comprehensive financial background from NBIM, trading and management of hedge funds. They have an education in industrial mathematics with a specialisation in finance and technical cybernetics.

How much does it cost to save in index funds?

Get an overview of what it costs to save in different funds.

Pricing model for mutual funds

Our index funds

Woman in a mobile home

DNB Klima Indeks

DNB Klima Indeks is an index-following global equity fund. The index has been compiled to be in line with the Paris Agreement.

Read more about DNB Klima Indeks (Climate Index)
Sky scrapers

DNB Global Indeks

The fund is an index-following equity fund that is passively managed. It invests in companies listed on stock exchanges and regulated markets in developing economies.

More about DNB Global Index
Father and son

DNB Barnefond

DNB Barnefond is an indexed equity fund where around 80 per cent is invested in shares which are listed on the Nordic markets.

More about DNB Barnefond
Atlantic Ocean Road

DNB Norge Indeks

DNB Norge Indeks is an index-tracking equity fund that gives a broad exposure to Norwegian companies.

More about DNB Norge Indeks
The White House

DNB USA Indeks

DNB USA Indeks is an index-tracking equity fund that gives broad exposure to the US stock market.

More about DNB USA Index
London skyline

DNB Europa Indeks

DNB Europa Indeks is an index-tracking equity fund that gives broad exposure to the European stock market.

More about DNB Europa Index
stockholm.jpg

DNB Norden Indeks

DNB Norden Indeks is an index-tracking equity fund that gives broad exposure to the Nordic stock market.

More about DNB Norden Index
Rio de Janeiro Brazil

DNB Global Emerging Markets Indeks

DNB Global Emerging Markets Indeks is an index-tracking equity fund that invests in emerging markets all over the world.

More about DNB Global Emerging Markets Indeks
Earth with graphs in the background

DNB Global Marked Valutasikret

DNB Global Marked Valutasikret is an index-tracking equity fund that invests through the DNB Global Index fund, but protects fund’s currency exposure.

Read more about DNB Global Marked Valutasikret
Hav-vind-unsplash-2000x2995

DNB Global Materialsektor Indeks

DNB Global Materialsektor Index A is an index-tracking equity fund that mainly invests in companies within the materials sector.

Read more about DNB Global Materialsektor Indeks
Robot in a warehouse

DNB Global Industrisektor Indeks

DNB Global Industry Sector Index A is an index-related equity fund that mainly invests in companies within the industrial sector.

Read more about DNB Global Industrisektor Indeks
Global-trade-world-NTB_1250x750

DNB Global Enhanced Index

DNB Global Enhanced Index is an index-related equity fund that seeks to create returns by following supplementary index strategies.

More about DNB Global Enhanced Index
Nuclear power

DNB Kjernekraft

DNB Kjernekraft is an index-related equity fund that invests in companies that are involved in the nuclear sector.

More about DNB Kjernekraft
Markets dnb.no

DNB Global improved small cap

Global index-linked funds that invests in small and medium-sized companies in advanced economies (IMF)

Read about DNB Global Enhanced Small Cap

An equity fund can be actively or passively managed

An equity fund can be managed according to different guidelines. The main categories are active and passive management (index-based 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.

Passive management involves the mutual fund’s portfolio only having minor deviations from the benchmark index it follows. Since the index fund, among other things, does not have managers trying to generate better returns than the index, the costs are lower than for actively managed funds.

Who are index funds suitable for?

Index funds are suitable for people who prioritise low costs. The value of an equity fund may go up and down and must therefore be able to tolerate fluctuations in the value of your savings.

Savings advice

Are you looking for advisory services?

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.

Book a meeting with an adviser
Illustration of the Spare app

The Spare app

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

Read more and download the Spare app

Different types of equity fund (in Norwegian only)

See more videos about saving in mutual funds and shares here

Index funds FAQs

What is a share index?

What is a share index?

A share index is a collection, or list, of representative shares in a market. This selection is followed to measure developments in the market. Most mutual funds measure their results against an index, and we call this index the mutual fund’s benchmark index.

Why do index funds have lower prices?

Why do index funds have lower prices?

An index fund is normally priced much lower than an actively managed fund because index-based management does not require the Portfolio Manager to spend time and resources on analysing and researching the companies that the fund is investing in. The major advantage of an index fund is thus not its lower risk, but its lower price.

Differences between Index funds and actively managed funds

Differences between Index funds and actively managed funds

An index manager’s job is to copy the selection of shares found in an index. The difference between an active and a passive fund is that they don’t do research or investigations into the shares that go into an index fund.

An index fund consists of the shares in the index that the fund is going to imitate, with the same distribution of share values. This means that large dominant companies in an index will also have a large, dominant weighting in the index fund, regardless of whether the company is doing well or badly at that specific time.

If you choose to save in an index fund, the index the mutual fund follows will determine what kind of investments and which risk profile you should have.

Are there any disadvantages to an index fund?

Are there any disadvantages to an index fund?

There will always be advantages and disadvantages to any form of saving. If you invest in an index fund, you will not be able to achieve a return greater than the index that the fund is imitating. There is also much more limited selection of index funds, which can make it difficult to find relevant funds if, for example, you believe in a specific industry, or if you want to invest in eco-friendly companies. In that case you may have to choose active funds.

Sustainability in mutual funds and in our advice

Woman sitting on a rock

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.

  • Read more about the classification of mutual funds and sustainability

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.

Our mutual fund products

  • Mutual fund list

    Get a full overview of all our mutual funds

  • Digital adviser

    Get customised research and investment suggestions adapted to you.

  • Equity funds

    For people who want to save long term and can tolerate fluctuations

  • Index funds

    Equity fund for people who prioritise low costs

  • Fixed-income funds

    Mutual funds that invest the money in fixed-income securities

  • Balanced funds

    Balanced funds invest in both fixed-income securities and shares

  • Share savings account

    Makes it easier for you to save in shares and equity funds

  • Investment account

    Access to both securities and mutual funds in the same solution

  • Downloadable forms

    We have gathered all of the forms onto one page