Frequently Asked Questions

About Us

How is Noon Invest AS different?


In Noon Invest AS, we primarily invest based on a philosophy of tracking the index of the stock market. In addition, we apply a periodic rebalancing strategy to ensure the best possible performance for your investment. Rebalancing is a strategy that is also used by the Norwegian sovereign fund, also known as the “the oil fund”.




Who are the owners of Noon Invest AS?


Noon Invest AS was developed by Stavanger Asset Management which was founded by Even Krohn-Pettersen and Emmanuel Vallotto. Both have extensive experience from investing in Norway, Switzerland, the UK and USA. You can read more about Stavanger Asset Management her.




Does Noon Invest AS offer financial advice?


For Noon Premium customers (minimum subscription NOK 1.000.000) we offer unlimited investment advice in addition to unlimited currency hedging.




Is Noon Invest AS regulated by Finanstilsynet?


Noon Invest AS is subject to supervision by Finanstilsynet via the parent company Stavanger Asset Management. You can find our license her.




Which bank does Noon Invest AS cooperate with?


Noon Invest AS offers investment services in partnership with Danish bank SaxoSaxo Bank Through Nordnet,we also offer stock saving accounts (aksjesparekonto).




How many portfolios does Noon Invest AS have?


Noon Invest AS offers 5 different portfolio class based on our client’s investment goals and investment horizon.




Do you have to be a resident of Norway to become a customer of Noon Invest AS?


At Noon Invest AS, everyone is welcome to invest. That is the advantage of digital saving, you can save where you are.




How old do you have to be to become a customer of Noon Invest AS?


You must be at least 18 years old to become a customer with Noon Invest AS, or have permission from you parent or guardian.




Does Noon Invest AS offer a share savings account?


Yes (reserved for risk class “Brave” – only equity exposure legal in ASK)




Does Noon Invest take return commissions from fund providers?


Noon Invest do not receive commission from fund providers as our own income, nor do we earn on the transactions we do. We have a fixed commission from the customer, and are focused on our customers’ earnings - regardless of which fund could give us the most back. If we receive a return commission from a fund provider, this goes directly to the customer.





Open Account

How do I open an account in Noon Invest AS?


You open an account in Noon Invest AS by using our website, you are then redirected to Saxo Bank which is our corporate bank. You must remember to have your BankID ready if you want to use this service.




How do I open an account in Noon Invest AS without BankId?


If you do not have BankID, you are still welcome to open an account with Noon Invest. Contact one of us and we will help you with the process.




I am already a customer of Saxo Bank, can I still open an account with Noon Invest AS?


Saxo Bank only approves one account holder in their systems. We can help you close your account in Saxo Bank if you want to open an account with Noon Invest AS. Contact kontakt one of us and we will be happy to help you.

Saxo Bank only approves one account holder in their systems. We can help you close your account in Saxo Bank if you want to open an account with Noon Invest AS. Contact one of us and we will be happy to help you.




What is the minimum amount to invest in Noon Invest AS?


At Noon Invest AS, you must invest at least NOK 100,000.




Can I open an account with Noon Invest AS even if I am not a Norwegian citizen?


If you are a foreign citizen and have a permanent residence in Norway (with a Norwegian social security number), you can use our regular investment platform. If you are not, this need to be examined individually. Please contact Noon invest at +47 406 95 100.




Why do your customers need a risk profile?


To find the right tolerance and ability, so our customers can sleep well at night. This is also a legal requirement.




How do you calculate the customers' risk profile?


We have created an algorithm that assesses the sum of the answers you give us around risk tolerance and investment goals.




How do you process my personal information?


We process your personal information in accordance with Norwegian law. You can read more about this in our terms and Conditions våre.




Can I change the investment plan that has been recommended to me?


Yes, you can change your investment plan. Should the plans or conditions change, just get in touch with us.




Can I change my investment period from the one I stated earlier?


The investment period is not fixed, and you can change it at any time by contacting us her.




Can I create more than one account?


Yes, you can create more than one account. Contact us her for more info.




How safe is my money?


Noon invest AS is a subsidiary of Stavanger Asset Management AS, which is subject to a license from Finanstilsynet. Our partners are also subject to supervision in Norway, Sweden and Denmark, respectively. In addition, we use so-called UCITS regulated funds, where customers through their shares own underlying securities.

Noon invest AS is a subsidiary of Stavanger Asset Management AS, which is subject to a license from Finanstilsynet. Our partners are also subject to supervision in Norway, Sweden and Denmark, respectively. In addition, we use so-called UCITS regulated founds, where customers through their shares own underlying securities.




Can I close my account in Noon Invest AS at any time?


Yes, you can contact us her to close your account.




How long does it take before I get my money back?


The securities can normally be traded on the same day, with settlement a few days later. Thus, one can expect to receive the money about a week from the date of sale.




Can I become a customer again at Noon Invest AS even though I have closed my account with you?


You are welcome back to Noon Invest AS. You will then need to go through the same onboarding procedure again even if you have done it before.




How do I open a share savings account in Noon Invest AS?


Contact us her, and everything can be arranged easily with BankID.




I am a US citizen or taxes to the US, can I still invest in Noon Invest?


Unfortunately, our service is not available to US citizens.




I am not a citizen of the EU / EEA, can I then use the solution for Noon Invest?


This must be investigated individually and depends on the country you are a citizen of, please contact Noon Invest on +47 406 95 100.




Is index fund safe? How safe is it?


The index funds we use are as safe as other ordinary funds in Norway. In such funds, the unit holders own the underlying securities.





Others

I'm wondering something else, who do I contact then?


If you have other questions, you are welcome to contact one of us at Noon Invest AS. Find our contact details her.




What is the difference between a "broker" and a "manager"?


A broker earns on buying and selling, while an asset manager earns (normally) on management fees.





Costs

What does it cost to invest with Noon Invest AS?


We charge an annual management fee of 0.95%. In addition, there are underlying costs in the index funds of approximately 0.27%. Transaction costs start at 0.035%.




What are the prerequisites for the calculations?


Historical return, downgraded to reflect lower interest rates and downgraded yield requirements.




How do I pay the fees in Noon Invest AS?


Fees are deducted continuously, and the management fee is deducted retroactively every quarter.




How much do I have to tax when investing in index funds?


You tax on any dividends you take out of your investment.This depends on a number of factors that are beyond Noon Invest's control. See more information on Skatteetaten website.





On IndexFunds (ETF)

Why does Noon Invest AS recommend investing in index funds?


IIndex funds have statistically better returns and far lower costs than "ordinary" actively managed funds. In line with the Consumer Council's advice, we also believe that using index funds is a smart way to invest.




Is index fund safe? How safe is it?


The index funds we use are as safe as other ordinary funds in Norway. In such funds, the unit holders own the underlying securities.




Why haven't more people heard of index funds before?


Index funds are not entirely new, but few players have anything to gain from offering this product (as opposed to existing products with higher costs). There are therefore few banks that include this product in their advice. Sharp criticism from the consumer council can hopefully change this.




Why save in an index fund instead of placing my money in a regular savings account with the bank?


Index funds ensure that your funds grow faster than with regular bank deposits. Especially in a time of historically low-interest rates, it is smart to place money in a place with good returns.





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