New Benchmark Index for Several Funds
Odin is changing the benchmark index for several of our equity and combination funds.
The change applies to multiple Odin equity funds, as well as the equity portion of our combination funds. This transition is due to a shift in our index provider for global equity indices, moving from Morningstar to MSCI.
The affected funds include ODIN Global, ODIN Bærekraft, ODIN Emerging Markets and ODIN USA.
The following benchmark indices are subject to change:
Previous benchmark index | New benchmark index |
Morningstar Global Markets Large-Mid NR USD | MSCI ACWI Net Total Return Index |
Morningstar Developed Markets Large-Mid Cap NR USD | MSCI World Net Total Return Index |
Morningstar Emerging Markets Large-Mid Cap NR USD | MSCI Emerging Markets Net Total Return Index |
Morningstar US Large-Mid Cap NR USD | MSCI USA Net Total Return Index |
MSCI World ESG Universal Select | MSCI World Net Total Return Index |
This change will not affect the fund management approach or the risk profile of the indices.
For further details, please refer to the fund prospectuses.