The largest aksjefondene is among the worst – Hegnar Online

the Country’s most popular mutual fund is also among the worst, according to a survey, Today’s Businesses have done. The newspaper has seen the development since the turn of the century for funds that invest in shares on the Oslo stock Exchange.

Aksjefondene it is to talk about is DNB Norway, Nordea rate of Return and the SpareBank 1 Group In Norway. These funds have a total of just under 15 billion to the government and make up almost half of the money Norwegian retail customers have placed in the Norwegian mutual fund. This is the active mutual fund, where the fund managers to make smart stock selection and provide a better return than the general stock market conditions. On parts of the 2000′s, they have not managed this, writes DN.

the Banks have, however, served well. The three funds has earned 3.4 billion dollars in management fees.

Nordea Yield has, in common with DNB, Norway received criticism from the financial

supervisory authority of norway to have been a skapindeksfond, therefore, that there has been a passive fund and that the customers do not have got what they pay for. In June of last year went Consumer to massesøksmål against DNB on behalf of 180.000 customers. The council believes that the customers have paid 690 million too much in fees. DNB rejects this.

(©NTB)