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New DNB fund fares well during corona pandemic

At the beginning of July, DNB's Nordic Small Cap was up 13.4 percent for the year so far, which is 10 percentage points better than its benchmark.

Hans Marius Lee Ludvigsen manages the new DNB fund DNB Nordic Small Cap. | Photo: Stig B. Fiksdal

At the start of July, the fund DNB Nordic Small Cap which is managed by Hans Marius Lee Ludvigsen was up 13.4 percent for the year so far, which is just over 10 percentage points better than the benchmark index VINX Small Cap NI, writes Norwegian newspaper Finansavisen.

The fund was started in June last year and has in a relatively short time frame managed to climb to a fifth place among the roughly 50 Nordic funds registered on the Oslo Stock Exchange's list of funds.

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