DNB Lev Mer

DNB Lev Mer are the funds that are customised for saving for a pension. Here you’ll get a good mix of shares and interest rates to suit your age.

Man sitting outside at a table looking at an iPad

The proportion of equities is adjusted automatically according to your age
You can save as much as you want and take out the money over as long a period as you like
On a mobile phone, you buy DNB Lev Mer in The Spare app

DNB Lev Mer

DNB Lev Mer is a simple and flexible savings product for anyone who wants to save for a pension in the mutual fund.

The fund you buy is customised to your age and adjusts the equity allocation automatically towards your retirement age. The number you see in the name behind your Lev Mer fond is the year in which you are between the ages of 62 and 67.

Regardless of when you plan to withdraw from a pension, you will be invested in a fund that is adapted to you and is fully downweighted when your age is between 62 and 67 years.

The mutual funds invest in up to six sub-funds and have broad exposure to the global and Norwegian equity and fixed income markets.

During the fund’s life cycle, the shareholding in the fund is gradually adjusted from 80 to 20 per cent. This is to avoid the pension capital being exposed to unfortunate fluctuations in the stock market as you approach retirement.

The funds DNB Lev Mer invests in:

Why choose DNB Lev Mer?

You can withdraw your money whenever you want
You can freely end or pause the savings if you need to
DNB Lev more can be bought inside and outside Individual pension savings (IPS),, the fund is bought in Individual pension savings (IPS), the withdrawal and tax rules in Individual pension savings (IPS), followed.
The price for DNB Lev Mer is 0.37 per cent per year

Costs for DNB Lev Mer

Annual cost 0.35%
Ongoing charge: 0.25%
Platform fee 0.10%

Price example: For an amount of NOK 100,000 invested, the platform fee will amount to NOK 100 and the ongoing costs will amount to NOK 250 over the course of a year. A total of NOK 350 per year.

Pricing model for mutual funds

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.