Funds

What is an equity fund?

An equity fund is a fund where at least 80 per cent of unitholders' money is invested in the stock market.

Read more about equity funds

What is an index fund?

An index fund is an equity fund that tracks the performance of a stock market index, rather than trying to beat it.

Read more about index funds

What is a fixed-income fund?

A fixed-income fund is a fund that invests in fixed-income securities such as bonds and commercial paper.

Read more about fixed-income funds

What is a balanced fund?

A balanced fund is a combination of an equity fund and a fixed-income fund. The recommended savings period depends on the proportion of shares you have chosen in your balanced fund.

Read more about balanced funds

What is a share savings account?

With a share savings account, you can buy, sell and exchange shares and equity funds within the EU/EEA without triggering tax along the way. You only pay tax when you withdraw gains, meaning more money than you have deposited.

There is a requirement that equity funds must have more than 80 per cent shares to be traded on a share savings account.

Who is a share savings account suitable for?

A share savings account is suitable for you if you want to start saving in index funds, equity funds and shares, andyou want to be able to switch funds on an ongoing basis without paying tax.

Read more about share savings accounts

What is a general mutual fund account?

In a general mutual fund account, you can save in all types of funds. When you sell fund units at a profit, you must pay tax on the gain. Each fund is treated separately, which means that tax is calculated for each individual investment when it is sold.

Please note! If you buy funds without a share savings account, the funds will automatically be registered in a general mutual fund account.

Who is a general mutual fund account suitable for?

A general mutual fund account is suitable for you if you wish to save in funds with a proportion of shares lower than 80%

What is an investment account?

With an investment account, you can buy, sell and exchange all types of funds and shares on selected stock exchanges around the world without triggering tax along the way. You only pay tax when you withdraw gains, that is, more money than you have deposited.

An investment account is a savings insurance product, which means it also includes life insurance cover of 1 per cent of the policy's total value.

Who is an investment account suitable for?

An investment account is suitable for you if you wish to save in fixed-income funds, equity funds, balanced funds and shares.

Read more about investment account

1. Log in to the online bank, mobile banking or the Savings app.
2. Go to Savings and investments.
3. Click on Fund trading.
4. Under More options, select Sell fund.
5. Select the fund you wish to sell, whether you want to sell all or a specific amount.
6. Confirm the sale.

It normally takes two to five working days from when you place the sell order until the money is in your account.

Why does it take a few days?

Norwegian funds (e.g. DNB Norge) usually take two to three working days. As the fund is traded in the same time zone, the process is faster.

International funds (e.g. DNB Global Indeks) often take three to five working days. This is due to time differences and the fact that foreign exchanges must be open for the fund to calculate the exact value of your units.

The time it takes depends largely on what type of fund you are selling and when during the day you place the sell order.

If you place the sale before 12:00 on a business day, the order is usually processed at the price set the same day. If you place the sale order after 12:00 (or at the weekend), the process starts on the next business day.