Oslo Brs listed its first equity ETF, DnB NOR OBX, on Friday. The fund is linked to the OBX index, which includes the 25 most traded shares on Oslo Brs. DnB NOR OBX offers investors the opportunity to trade in listed fund units through investment firms that are members of Oslo Brs, in the same way as trading in equities.
“We are very pleased to offer another exciting investment alternative for investors on Oslo Brs, and we believe that exchange traded funds will soon be an established and popular product in the Norwegian market just as they are internationally,” says Sven Arild Andersen, President and CEO of Oslo Brs.