News

In our role as management company/alternative investment fund manager (“AIFM”) we aim to provide our investors with relevant information in a timely manner. This website is our main communication channel. We encourage you to check this website regularly for the latest fund information.

The latest reimbursement payments for three funds in liquidation, SEB Optimix Substanz, SEB Optimix Ertrag and SEB Optimix Wachstum, should be in the affected unitholders’ accounts by mid-July. Complete information is provided in German at the end of this article.

SEB Asset Management S.A. has decided to suspend trading for the fund, SEB European Equity Small Caps, for valuation 24 June 2016 as calculated today, 27 June 2016.

The distributing unit classes in several of our funds pay dividends Friday 27 May 2016. The dividends should be in customer accounts the week after. The dividends paid out in 2016 are based on 2015 financial statements for the funds.

We wish to inform you of the changes planned for sub fund SEB SICAV 2 – SEB Credit Multi Strategy. The changes are valid as of 10 June 2016 and they will be included in the sub fund’s prospectus as of that date.  You are not required to take action in response to the changes which are briefly summarised below.

During a recent review of key investor information documents (KIIDs) we discovered discrepancies in the “Past performance” section in some of the KIIDs. These discrepancies have not affected the customers’ investments.

We aim to provide our investors with relevant information in a timely manner. This website is our main communication channel. We encourage you to check this website regularly for the latest fund information.

We distributed dividends, 5% per unit, for the fund SEB Credit Opportunity III on 23 March 2016. The dividend should reach the unitholders' accounts in a few business days.

Schroder Investment Management Limited subdelegates the investment management of SEB SICAV 2 – SEB Asia Small Caps ex Japan Fund in the Schroder group to Schroder Investment Management (Singapore) Limited, a portfolio manager established under the laws of Singapore and supervised by Singapore’s monetary authority.

Our European Small Cap Team, which manages SEB European Equity Small Caps and other funds, in addition to acting as advisors for the management of the Swedish fund SEB Europa Småbolag, has decided to leave SEB. The team will carry on working for the next few months, during which investment management will remain the same. 

SEB Fund 1 – SEB Norway Focus Fund is launched 1 March 2016. The sub fund SEB Norway Focus Fund is an actively managed equity fund invested in Norwegian companies or companies traded on Norwegian markets. 

The latest reimbursement payments for three funds in liquidation, SEB Optimix Substanz, SEB Optimix Ertrag and SEB Optimix Wachstum, should be in the affected unitholders’ accounts by the end of February. Complete information is provided in German at the end of this article.

The distributing unit classes in several of our funds pay dividends 15 January 2016. The amount of the each unit classes’ dividend is based on the respective fund’s annual report as of 30 September or 31 October 2015.

To protect the best interests of our investors we have implemented swing pricing for some SEB funds.  

SEB EuropaRent Spezial was put into liquidation on 10 December 2015. We decided to liquidate because the fund’s assets have decreased substantially, making it difficult to manage the fund efficiently. 

SEB Asset Selection Defensive, SEB Asset Selection and SEB Asset Selection Opportunistic will undergo some changes as of 1 December 2015.

Four new share classes in the equity fund SEB Alternative Strategies SICAV – SEB Industrial Opportunities are now available. 

The fund will change its name to SEB Fund 3 - SEB Sustainability Fund Sweden and have a new benchmark as of 15 December 2015. Additional changes will also be made.

SEB Fund 1 – SEB Europe Index Fund will use MSCI Europe Socially Responsible Index, based on SEB SRI Policy A. The new index has a socially responsible dimension that excludes, for example, companies involved in the manufacture of controversial weapons.

SEB Fund 3 – SEB U.S. Index Fund will use the MSCI USA Socially Responsible Index, based on SEB SRI Policy A. The new index has a socially responsible dimension that excludes, for example, companies involved in the manufacture of controversial weapons.

SEB Fund 3 – SEB Ethical Global Index Fund will use the MSCI ACWI Socially Responsible Index, based on SEB SRI Policy B. The socially responsible screening will be performed by MSCI ESG Research.

SEB Fund 1 – SEB Japan Chance/Risk Fund will be liquidated. You as an investor have 30 days from the date of the notices in which to redeem the units you hold in the fund.

SEB Fund 1 – SEB Japan Fund will be liquidated. You as an investor have 30 days from the date of the notice in which to redeem the units you hold in the fund.

We wish to inform clients that a number of funds will be closed for trading 30 October 2015.

As of 1 October 2015 SEB Asset Management S.A. will lower the effective management fee in SEB Fund 4 – SEB Short Bond Fund SEK C and SEB Fund 4 – SEB Short Bond Fund SEK D with 0.1 percentage points. 

We plan to launch a new fund, SEB Alternative Strategies SICAV – SEB Industrial Opportunities at the end of September 2015. This equity fund invests primarily in listed companies in which a private equity firm has a significant minority ownership.

We wish to inform investors who own shares in SEB SICAV 2 – SEB Europe Chance/Risk Fund or units in SEB Fund 1 – SEB Europe Fund that the two sub funds will be merged on 9 October 2015.

Clients who invest in SEB Green Bond Fund, class D (EUR), ISIN code LU0041441808, please note that fund dividends have now been distributed.

SEB Green Bond Fund will undergo material changes as of the publication of this text.

Information regarding two unit classes of SEB Strategy Fund – SEB Strategy Fund Defensive.

Changes in the objectives and investment policy section of the key investor information documents (KIIDs) for SEB Green Bond Fund.

SEB Asset Management S.A. has decided to reduce the management fee in several fund of funds. Fee reductions take place as of 1 July and are part of our ambition to further strengthen SEB's fund range.

We wish to inform shareholders of the fund SEB Private Equity Opportunity Fund III S.C.A., SICAV-SIF of a change regarding investment advisor valid as of 1 July 2015. The new investment advisor is SEB Investment Management AB.

Two upcoming changes in the sub fund SEB SICAV 2 – SEB Listed Private Equity Fund: a new investment manager and adjusted fees. The changes are valid as of 1 July 2015.

We wish to inform unitholders of the sub funds SEB Private Equity Fund – SEB Private Equity Opportunity Fund I and SEB Private Equity Fund – SEB Private Equity Opportunity Fund II of SEB SEB Private Equity Fund of a change regarding portfolio manager, valid as of 1 July 2015. 

The reimbursement payment referred to in this article represents approximately 15.2 percent of total assets under management in SEB Optimix Ertrag, 22.9 percent of the total assets under management in SEB Optimix Substanz and 13.0 percent of total assets under management in SEB Wachstum. These percentages are based on the total net asset value as of 30 April 2015. Reimbursement payments to unitholders are based on their holdings in relation to the available liquidity in the funds. This ensures that all investors receive the same pay-out ratio.

We wish to inform clients that a number of funds will be closed for trading 13 May 2015. 

SEB Green Bond Fund, recently launched, provides the opportunity to invest in a bond fund with a specific climate and sustainability profile. The fund is a green alternative to traditional bond funds and is similar to other types of bonds in terms of risk and regulations.

We wish to inform unitholders of the sub-fund SEB Fund 1 - SEB North America Chance/Risk Fund, Class C (USD), LU0030166176, that it will undergo material changes as of 21 May 2015.

SEB's fund management company in Luxembourg has decided to lower the management fee for SEB Fund 5 -SEB Corporate Bond Fund EUR. The lower fees took effect 1 April 2015.

The board of directors of the management company of SEB European Equity Small Caps would like to inform you of a clarification in the wording of the prospectus for the fund. 

SEB's fund management companies in Sweden and Luxembourg have decided to lower the management fees for SEB Fund 4 -SEB Short Bond Fund due to the current interest rates which do not provide opportunities for a desired return.

We wish to inform unitholders of the fund SEB ÖkoRent (ISIN LU0041441808) that the fund will undergo material changes as of 17 April 2015.  The new name of the fund is SEB Green Bond Fund, which reflects the fund’s new investment objective. Kindly continue reading for a description of the additional changes.

Hiermit möchten wir den Anteilinhabern des Fonds SEB ÖkoRent (ISIN LU0041441808) mitteilen, dass der Fonds ab dem 17. April 2015 wesentliche Änderungen erfahren wird. Der Fonds wird entsprechend seinem neuen Anlageziel in SEB Green Bond Fund (der Fonds) umbenannt. Bitte lesen Sie nachfolgend die Beschreibung der weiteren Änderungen.

We wish to inform unitholders of SEB Strategy Fund that changes will be made in the sub funds listed below, as of 19 February 2015.

The final reimbursement payment in relation to the liquidation of SEB Fund 2 - SEB Select was paid out on 26 January 2015.

The next reimbursement payment to investors in SEB Optimix Substanz, SEB Optimix Ertrag and SEB Optimix Wachstum will be distributed on 9 January, based on the NAV as of 8 January. The payments will reach the unit holders’ accounts by mid-January 2015.

We wish to inform you that in order to better reflect the value of the underlying assets of SEB SICAV 1-SEB Emerging Markets Fund, the processing of orders will be changed as from 8 January 2015 after 15:30 (CET).

We wish to inform you of a change in the key investor information documents for two unit classes of the fund SEB Fund 3 - SEB Ethical Global Index Fund.

We wish to inform you of a change in the key investor information documents for the fund SEB SICAV 2 - SEB Listed Private Equity

For UK resident participants of SEB Fund 2 – SEB Select an investor report is now available for download on www.sebgroup.lu.

Regarding the fund SEB SICAV 2 - SEB Credit Multi Strategy (class ID (H-SEK), ISIN LU0920715702), an error in the past performance section of the fund's key investor information document has been corrected. Note that the error has not affected clients’ investments or the fund’s net asset value.

The issue document and management regulations of SEB Credit Opportunity III have been updated to meet alternative investement management requirements.

The issue document and management regulations of SEB Private Equity Fund have been updated to meet alternative investment management requirements.

The board of directors of the fund management company SEB Asset Management S.A. would like to inform you that the documentation for the fund SEB EuropaRent Spezial has been updated.

The investment objective and restriction section of SEB Private Banking Fund will be amended in order to comply with the eligibility requirements for distribution in Sweden.

SEB Real Estate Portfolio was put into liquidation 4 June 2014. Clients who owned units in the fund at the time of liquidation will receive a reimbursement payment in relation to the units they held. The payment was released 10 July 2014.

We wish to inform unitholders of the terms and conditions that are valid for SEB Micro Cap Fund (C SEK, LU0322420497) as of 7 August 2014.

We wish to inform unitholders that the first reimbursement payment to investors in SEB Optimix Wachstum, and the sole reimbursement payment to investors in SEB Optimix Chance will be distributed 24 June 2014.

We wish to inform unitholders that SEB Optimix Chance, ISIN LU0066377101, and SEB Optimix Wachstum, ISIN LU0066376988, will be put into liquidation as of 11 June 2014. The umbrella SEB Optimix will also be liquidated as of the same date.

We wish to inform you that, after careful consideration, the mangement company's board of directors  have decided to put SEB Real Estate Portfolio into liquidation effective as of 4 June 2014.

The recommended investment horizon for the SEB Fund 5 sub funds, SEB Dynamic Bond and SEB Flexible Bond, is two years as of 7 May 2014.

Here is the latest information regarding the liquidation of SEB Alternative Investment - SEB Hedge and reimbursement payments to unitholders.

We wish to inform you that the assets of the fund SEB Fixed Income Relative Value (LU0307432293, LU0307432616) have now been sold and the final reimbursement payment made. The liquidation of the fund is finalised and the fund ceases to exist as of 28 February 2014.

The fund SEB Real Estate Portfolio will be managed by SEB Investment Management AB in Stockholm as of 10 February 2014.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

A reimbursement payment was distributed 20 December 2013. The payment represents the sole reimbursement in relation to the liquidation of SEB SICAV 3 – SEB Asset Selection Original.

A third reimbursement payment will be distributed to investors who own units in SEB Optimix Substanz and SEB Optimix Ertrag.

As of 1 March 2014 the risk free rate used as a hurdle rate when calculating the hurdle for the performance fee will be changed from the 1 month Inter Bank Offered Rate Index to the 3 Month Treasury Bill Return Index of the following classes.

The first reimbursement payment to the unitholders of SEB Alternative Investment – SEB Hedge is planned for December.

SEB SICAV 3-SEB Asset Selection Original will be put into liquidation as of 13 December 2013.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

A reimbursement payment to unitholders of SEB Fund 2 – SEB Select is planned for December. The payment is expected to be in the unitholders accounts by 12 December 2013.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notices.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will no longer be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will no longer be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will no longer be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will no longer be calculated on 31 December for the fund classes listed in the notice to unitholders.

31 December is now regarded as a bank holiday. Consequently, no net asset value (NAV) will be calculated  that day.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will no longer be calculated on 31 December for the fund classes listed in the notice.

Tthe categories of financial instruments in SEB Fund 5 - SEB Corporate Bond Fund EUR - Lux will be expanded.

The categories of financial instruments in SEB Fund 5 - SEB Corporate Bond Fund SEK - Lux will be expanded and that the maximum duration of the portfolio will be expanded.

To increase efficiency of asset management, SEB High Yield will change legal structure from a single, stand-alone, open-ended common fund to an open-ended, umbrella common fund as of 12 December 2013.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December for the fund classes listed in the notice.

The index used to calculate the value at risk measurement for SEB Fund 1 - SEB Global Fund will be changed from MSCI All Country World Net Return to MSCI World Net Return Index.

31 December is now regarded as a bank holiday. Consequently, a net asset value (NAV) will not be calculated on 31 December.

SEB Alternative Investments – SEB Hedge and SEB Fund 2 - SEB Select will be put into liquidation on 29 October 2013, respectively, 27 November 2013.

SEB Fund 3 – SEB Short-Medium Bond Fund SEK will be merged into SEB Fund 4 – SEB Short Bond Fund SEK on 6 December 2013.

Recently an unexpected receivable from SEB Absolute - SEB Global Equity Long/Short’s former holdings was received by the Management Company.

The investment objective and policy section of the prospectus for SEB Russia Fund as well as SEB Eastern Europe ex Russia Fund have been amended

Final reimbursement payments have been distributed to unitholders.

31 December is now regarded as a bank holiday

Final reimbursement payments have been sent to unitholders, as the final stage of the liquidation of the fund.

SEB Credit Multi Strategy ceases to exist

A second reimbursement payment will be distributed to customers who hold units in the funds SEB Optimix Substanz and SEB Optimix Ertrag.

SEB Lux Fund Extra - Novå will undergo a number of changes as of 27 June 2013.

Several changes will be effective from 1 July 2013.

The investment objective and policy of SEB SICAV 2 - SEB Eastern Europe Small Cap Fund has been amended to clarify the description of eligible investments.

A final reimbursement payment to unitholders has been made and the sub fund ceases to exist as of 14 May 2013.

SEB Absolute – SEB Credit Multi Strategy will be amalgamated into SEB SICAV 2.

SEB World Fund, a sub-fund of SEB Fund 3, will undergo a number of changes as of 13 June 2013.

A new C (EUR) unit class is activated on 30 April 2013.

Reimbursement payments will be distributed on 18 April 2013.

On 30 April 2013, SEB Credit Opportunity II the dividend will be paid and the fund will mature.

New manager and new index

SEB Alternative Investment - SEB Hedge and SEB Fund 2 - SEB Key Select, will be managed by SEB Investment Management AB as of 2 May 2013.

SEB Strategy Aggressive Fund and SEB Global Value Fund will be merged into SEB Fund 1 - SEB Global Chance/Risk Fund on 17 May 2013.

SEB Bond Fund, SEB Choice HighYield, SEB Emerging Markets will undergo several changes as of 1 March 2013.

EB Investment Management AB will consolidate the majority of its hedge fund expertise in Stockholm.

Final reimbursement payments have been paid and the sub-fund ceases to exist on 15 February 2013.

SEB Alternative Investment - SEB KEY Europe Equity Long Short will be liquidated as of 30 January 2013.

The trading cycle for SEB SICAV 1- SEB Emerging Markets Fund will be prolonged by one day as of 28 February 2013.

A first reimbursement payment will be distributed on 21 December 2012.

During the calculation of the fund's net asset value for 11 December 2012 technical error occurred.

SEB Optimix Substanz and SEB Optimix Ertrag  will be put into liquidation with effect on 11th of December 2012.

As of 31 December 2012 the investment objective and strategy of the fund will change.

A fourth reimbursement payment will be distributed 27 November 2012.

The management of several funds will be moved from SEB S. A. to SEB Asset Management S.A. as of 3rd of December 2012.

The  investment manager of several funds will change from SEB Investment GmbH (Germany) to SEB Investment Management AB (Sweden).

SEB Asset Management SA plans a number of changes in SEB Alternative Investment - SEB Key Hedge.