DNB Europe Enhanced is based on the same broad European equity exposure as DNB Europe Index, but has greater flexibility to deviate from the index to seek excess returns over time. The deviation between the fund's own return and the return of the fund's benchmark index ("tracking error") will normally be in the range of 1.00 to 1.50%, and not exceed 3.0%.

The fund invests in equities listed on regulated exchanges in Europe and provides access to solid companies, many with a global presence and high corporate quality.

The fund follows an index-related strategy but seeks to generate excess returns over time. The managers employ a so-called enhanced index approach, where they deviate from the index to create excess returns in connection with index changes, corporate events, or capital market transactions.

The strategy combines the benefits of broad diversification and low cost with the potential for excess returns. The managers make smaller adjustments to the portfolio in a systematic manner, aiming to improve the risk-return ratio without significant deviations from the benchmark index.

Responsible investments are a central part of the mandate. Companies that do not meet DNB's guidelines for responsible investments are excluded. This results in a portfolio that is both broadly invested and managed with sustainability in mind.

The fund is not currency-hedged, and investments are made in foreign currency. This provides exposure to both the equity markets and the currencies of the developed countries in which the fund invests.

Main investment areas:
Finance, industry, healthcare, information technology, consumer, materials, energy, utility services, and communication services in Europe.