05 Dec 2019 15:31

Liquidation of SEB deLuxe umbrella and sub funds 5 December 2019

We will liquidate the SEB deluxe umbrella, including the sub funds and their respective unit classes, as of 5 December 2019. 

We decided to liquidate because the assets under management are not sufficient for us to manage the sub funds efficiently. In this situation, liquidation is in the best interest of unitholders.

The SEB deluxe umbrella and its sub funds, SEB deLuxe – Multi Asset Defensive,
SEB deLuxe – Multi Asset Defensive Plus, and SEB deLuxe – Multi Asset Balance, are domiciled in Luxembourg.

  • 15:30 on 5 December 2019: The sub funds close for transactions and the liquidation process begins. You as an investor will not be able to buy, sell, convert or transfer units in any of the sub funds.
  • 6 December 2019: The date for the final net asset value (NAV) of the sub funds.
  • By mid-December 2019: Investors in the sub fund will be sent a reimbursement payment that is in relation to the value of their investment at the time of liquidation.

Any expenses related to the sub fund’s liquidation are borne by the Management Company, SEB Investment Management AB. 

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.