OBXD
•
Equity
DNB OBX ETF
TER (bps):
20
AUM (USD m):
129
ISIN:
NO0010257801
Domicile:
Norway
Share Class Currency:
NOK
ESG:
No
Geographical Focus:
Norway
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The OBX Index consists of the 25 most traded securities on Oslo Bors, based on six months turnover rating. By prospectus, the fund aims to avoid, or limit its exposure to, companies associated with controversial weapons, tobacco, and and thermal coal. The fund fulfills this goal by having negligible investment exposure to each of these activities. The fund aims to avoid, or limit exposure to, companies in violation with international norms, such as the UN Global Compact or the Universal Declaration of Human Rights. The fund has no exposure to high or severe controversies. Controversies are incidents that have a negative impact on stakeholders or the environment, which create some degree of financial risk for the company.
PERFORMANCE
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