Price list for Pensjonskonto Flex

The price you pay for Pensjonskonto Flex is made up of two elements: the management cost and the platform fees. The management cost covers the management of the pension profile or fund itself. Opening a Pensjonskonto Flex at DNB is free of charge.

Platform fee

Platform fees are for access to the trading platform for DNB and administration of the product. The size of the platform fee is determined by whether you save in an actively managed equity fund, index fund, balanced fund or fixed-income fund.

Actively managed equity fund: 0.30%
Index fund/pension profiles with index-based management: 0.10%
Balanced fund 0.25%
Fixed-income fund 0.20%

Platform fees for pension profiles are calculated according to the same principle. Pension profiles with active management and proportion of equities from 80 to 100 per cent, pay the same platform fee as actively managed equity funds. Pension profiles with active management and from 20 up to 80 per cent of shares, pay the same platform fees as a balanced fund. Pension profiles with active management and from 20 up to 80 per cent of shares, pay the same platform fees as a fixed-income fund

Below is an overview of the total price for mutual funds and pension profiles.

Below you will find an overview of the total annual price of the various pension profiles and mutual funds:

Pension profiles

Global equity funds

Norwegian equity funds

Regional equity funds

Price list for Thematic equity funds

Price list for Fixed-income fund

Pension profiles

Management cost including platform fees (before rebalancing the portfolio) Pension profiles
Min Pensjonsprofil Offensiv	1.15%
Min Pensjonsprofil	1.05%
Min Pensjonsprofil Forsiktig	0.85%
Min Pensjonsprofil Offensiv Indeks	0.50%
Min Pensjonsprofil Indeks	0.50%
Min Pensjonsprofil Forsiktig Indeks	0.40%
Min Pensjonsprofil Neste generasjon	1.05%
All of our pension profiles reduce the proportion of equities as retirement age approaches. This is known as down-weighting. Gradually, as the proportion of equities goes down, the management cost and platform fees will also be reduced. For mutual funds, the proportion of equities is not rebalanced

Global equity funds

Price list Global equity funds

Equity fund

Management cost including platform fees
DNB Fund - Future Waves Retail A	1.15%
DNB Global	1.15%
DNB Global Indeks	0.40%
Hermes Global Equity ESG Fund	0.85%
Storebrand Global ESG	0.60%
Storebrand Global Value	0.90%
Storebrand Indeks Alle Markeder	0.40%

The prices of the funds include management fees and platform fees.

*) The fund may also have performance-based management fees added

Norwegian equity funds

Equity fund

Management cost including platform fees
Arctic Norwegian Value Creation B	1.15%*
Delphi Norge	1.30%
DNB Norge	1.15%
DNB Norge Indeks	0.40%
DNB Norge Selektiv	1.15%
DNB SMB	1.15%
Storebrand Norge	1.30%
Storebrand Vekst	1.30%

The prices of the funds include management costs and platform fees.

*) The fund may also have performance-based management fees added

Regional equity funds

Equity fund

Management cost including platform fees
Coho ESG US Large Cap Equity Fund	0.94%
Delphi Europe	1.30%
Delphi Nordic	1.30%
DNB Europa Indeks	0.40%
DNB Fund - Asian Mid Cap Retail A	1.15%
DNB Fund - India Retail	1.15%*
DNB Fund - Nordic Small Cap	1.15%*
DNB Global Emerging Markets	1.15%
DNB Global Emerging Markets Indeks	0.50%
DNB Norden	1.15%
DNB Norden Indeks	0.40%
DNB USA Indeks	0.40%
Fidelity Asia Focus Fund	1.10%
Nomura Japan Strategic Value	1.15%

The prices of the funds include management costs and platform fees.

*) The fund may also have performance-based management fees added

Price list for Thematic equity funds

Themed equity funds

Equity fund

Management cost including platform fees
Delphi Green Trends	1.30%
DNB Bioteknologi	1.15%
DNB Finans	1.15%
DNB Fund - Disruptive Opportunities	1.15%*
DNB Fund - Emerging Markets Equities Retail A	1.15%
DNB Fund Low Volatility Equities Retail	0.90%
DNB Fund Private Equity Retail	1.15%
DNB Global Industrisektor Indeks	0.40%
DNB Global Lavkarbon	0.75%
DNB Global Materialsektor Indeks	0.40%
DNB Grønt Norden	1.15%
DNB Health Care	1.15%
DNB Klima Indeks	0.50%
DNB Miljøinvest	1.15%
DNB Teknologi	1.15%
DNB Telekom	1.15%
Storebrand Global ESG Plus Valutasikret	0.65%
Storebrand Global ESG Plus	0.60%
Storebrand Norge Fossilfri	1.30%

The prices of the funds include management costs and platform fees.

*) The fund may also have performance-based management fees added

Price list for Fixed-income fund

Fixed-income funds

Management cost including platform fees
DNB Aktiv Rente (II)	0.50%
DNB Kredittobligasjon	0.50%
DNB Likviditet	0.35%
DNB Nordic Investment Grade	0.50%
DNB Obligasjon	0.50%
DNB Obligasjon 20	0.50%

Globale renter
DNB Global Credit	0.30%
DNB Low Carbon Credit	0.50%

High Yield
DNB High Yield	0.70%

*) The fund may also have performance-based management fees added

The prices of the funds include management costs and platform fees.

In addition to the management cost, a mutual fund is subject to other costs, for example transaction fees, when the mutual fund trades in financial instruments. This cost varies from fund to fund. For more information about the mutual fund’s costs and methods for charging performance-based management fees, please see the fund’s key information document and/or prospectus.

For more details about the mutual funds, see Pensjonskonto Flex

DNB Bank ASA will be the distributor for Pensjonskonto Flex, and all trades made under pension profiles and mutual funds as insurance products take place via DNB Bank ASA’s equity trading platform. DNB Bank ASA will receive up to 75% of the platform fees.

Pensjonskonto Flex is provided by DNB Livsforsikring AS.