Norway Equity

Norway equity mutual funds and ETFs own securities listed on Euronext Amsterdam,... Norway equity mutual funds and ETFs own securities listed on Euronext Amsterdam, which used to be called the Oslo Stock Exchange. The most well-known benchmark on the exchange is the Norwegian Stock Market Index (known as the Oslo Bors All-Share). This is a market-capitalization-weighted index covering the whole market. As of 2023, Norway equities had a combined market capitalization of approximately US$373 billion. The exchange has large weightings in energy, financials, and consumer staples. Some of the largest companies on the market include Equinor, DNB Bank, Aker BP, and Norsk Hydro. Norway equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Euro. The Norwegian economy, the world’s 27th largest by nominal Gross Domestic Product as of 2022, is characterized by a significant amount of state ownership in key sectors, a large social safety net, and a reliance on the oil and gas industries. As a developed market economy, Norway equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/25/2024 View more View less

Norway equity mutual funds and ETFs own securities listed on Euronext Amsterdam, which used to be called the Oslo Stock Exchange. The most well-known benchmark on the exchange is the Norwegian Stock Market... Norway equity mutual funds and ETFs own securities listed on Euronext Amsterdam, which used to be called the Oslo Stock Exchange. The most well-known benchmark on the exchange is the Norwegian Stock Market Index (known as the Oslo Bors All-Share). This is a market-capitalization-weighted index covering the whole market. As of 2023, Norway equities had a combined market capitalization of approximately US$373 billion. The exchange has large weightings in energy, financials, and consumer staples. Some of the largest companies on the market include Equinor, DNB Bank, Aker BP, and Norsk Hydro. Norway equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Euro. The Norwegian economy, the world’s 27th largest by nominal Gross Domestic Product as of 2022, is characterized by a significant amount of state ownership in key sectors, a large social safety net, and a reliance on the oil and gas industries. As a developed market economy, Norway equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/25/2024 View more View less