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Change to the portfolio duration for SEB Fund 4 – SEB USD Currency Fund

The average portfolio duration for SEB USD Currency Fund, a sub-fund of SEB Fund 4, has changed. The previous average duration was a maximum of 1 year, and the new average duration varies between 1 and 3 years. This change will take effect 1 December 2022.

The change is motivated by the need to clarify that the sub-fund is not a money market fund (MMF). The above-mentioned change may result in a rebalancing of the fund's holdings, and therefore, there may be minor rebalancing costs involved.

The affected share classes and ISIN codes are:

UC (USD) (LU2249630505)

C (USD) (LU0011924932)

You are not required to act due to these changes, and the value of your units in the sub-fund will not be affected, but it is important for you to be aware of the changes. If you do not wish to remain invested in the sub-fund, you may redeem your units free of charge by 30 November 2022.  

 

Past performance does not guarantee future performance. The value of investment funds and other financial instruments may rise as well as fall and there is no guarantee you will recover your original investment. Key investor information documents and prospectuses are available on www.sebgroup.lu/funds.