Oslo Stock Exchange’s shares in one package

An Exchange Traded Fund (ETF) is a mutual fund that you can trade on the stock exchange. These mutual funds can consist of shares or other securities that follow the price of an underlying index.

By trading ETFs, you can get exposure to shares, indices, currencies and commodities just as easily as you trade a share.

Some of the products give you both short and long exposure to the underlying asset, as well as increased exposure through gearing.

You can buy normal funds, or mutual funds, directly from your bank or from a mutual fund provider. Mutual funds are managed, either passively (index funds) or actively, by a portfolio manager.

Even index funds, passively managed funds, will often involve a small element of management. Unethical and environmentally hostile companies will for example be removed. An index fund is hence not exactly the same as the index it measures itself against, but slightly adapted. However, an ETF that invests in an index will contain all of the companies in the index – no companies are excluded.

Because an ETF is a completely passive reflection of a share index or price index, these funds are usually also cheaper than mutual funds.

You will find the selection of Norwegian and international ETFs in the online equity trading service. When you log in, click on the summary page in the online equity trading service and then on ‘Markets and Prices’.

Several of the ETFs are registered on foreign stock exchanges. In order to trade on foreign stock exchanges, you must sign an agreement on foreign deposits.

This agreement can be signed by clicking on ‘My profile’ and selecting ‘Securities - Foreign’.

To buy and sell ETFs, you pay brokerage fees in the same way as when buying shares. The brokerage fee is the same but varies for the different marketplaces.

Equity trading price list

The minimum amount for buying an ETF is the price of one share in the ETF in question. If, for example, the ETF is trading for NOK 67, the minimum amount will be the same.

A commodity ETF has commodities as the underlying index, which could be, for example, oil, electricity or gold.

If you believe a rise or fall in commodity prices is coming, you can buy a commodity ETF that is invested in the commodity you want. The value of the ETF will vary with the price fluctuation in the commodity that the fund has invested in.

You will find a summary by clicking through to the summary page in the online equity trading service and then choosing ‘Market and Prices’. Here you can use the search function to find the products in question.

Under the ‘Portfolio and Orders’ tab, you will be able to follow the price changes of the ETFs.

ETFs are traded in the online equity trading service in your online bank, in exactly the same way as a share.

Here is an explanation of how to buy.