Oslo Børs collects and distributes price information and historic calculations on fund returns and risk measures. This is done on a daily and monthly basis.
The mutual fund data is given out to Norwegian media and other local and international vendors of financial information.
In line with the standard for information and classification from the Norwegian Mutual Fund Association.
The Oslo Børs Mutual Fund Feed (OMFF) is an XML-feed containing fund data for more than 1500 Norwegian and foreign funds approved for sale in Norway.
The fund information is reported to Oslo Børs from fund managers and distributors, and Oslo Børs calculates return and risk figures.
The fund information is distributed through the Oslo Børs Mutual Fund Feed (OMFF) with added value; such as return and risk calculations. The Norwegian Mutual Funds Association approves the methods of calculation.
This is how you register mutual funds on Oslo Børs:
Sign the Mutual Fund Reporting Agreement
Register your mutual funds
Report daily NAV prices
Classified funds will be listed together with relevant comparable funds in newspapers and on web sites. This is where the OB Mutual Fund Feed is the source of information.
Funds are classified in one of the following categories:
Within each category the funds are divided into different groups.
Read more about the classification standard on vff.no (Norwegian only).
For more information on classification standard, or to classify your funds according to this standard, please contact the Norwegian Mutual Fund Association by e-mail vff@vff.no or by telephone +47 23 28 45 50.
OMFF is divided into six modules whereas the first four are incremental dependent. Modules five and six are independent.
1. Basic Module
Contains:
daily net asset value (NAV)
yield, duration
total expense ratio
transaction and management fees
classification
name of benchmark index etc.
2. Return Module
Contains:
the information from module 1 + return calculations for last week
last month and yearly up to 20 years.
3. Dividend Module
Contains:
the information from module 2 + last ex-date and
last dividend per share.
4. Risk Module
Contains:
the information from module 3 + risk calculations
such as:
Sharpe Ratio
volatility
differential return and
relatively volatility for various periods.
5. Normalised Time Series Module
Contains:
adjusted 5-days NAV time series with
dividend reinvested from the start of fund to date.
6. Historic Return Series Module
Contains monthly return series from the start of fund to date.
OMFF is file based (xml) and delivered by FTP (get) or e-mail.
Subscribers to OMFF can choose between receiving the files three times a day (at approximately 10:15 CET, 18:15 CET and 20:15 CET) or continuously every time Oslo Børs receive a price update.
The exception is the Historic Return Series Module which is produced and distributed on a monthly basis.