SEB European Equity Fund to merge with SEB Fund 1 - SEB Europe Equity Fund

The merger is a part of SEB Investment Management AB’s aim to centralise and optimise its fund administration activities. To achieve this, SEB Investment Management AB intends to merge its common funds domiciled in Finland into its funds domiciled in Luxembourg. 

This is a merger by absorption whereby the merging fund's holdings will be transferred to the receiving sub-fund and SEB European Equity Fund will cease to exist. SEB Investment Management AB bears any costs related to legal, advisory and administration costs that arise in relation to the merger. 

Merging fund into receiving sub-fund, per unit class:

Timeline 

As an investor in the receiving sub-fund SEB Fund 1 - SEB Europe Equity Fund you are not required to act, but we think you should know about the merger.  

The merger does not have any foreseeable impact on your investment in the receiving sub-fund. The sub-fund continues to follow the same investment objective and strategy. Its fees remain the same. 

By the receiving sub-fund’s cut-off time on 24 March 2022: Investors in the receiving sub-fund who wish to redeem their units free of charge must do so by this date. Because  
redemption can result in taxation, we encourage investors to consult their financial advisor regarding their specific situation. 

25 March 2022: The merger takes effect, and the merging fund ceases to exist. 

Additional information 

This is a cross-border merger because the merging fund is domiciled in Finland and the receiving sub-fund is domiciled in Luxembourg. The regulations for the merging and the  
receiving funds/sub-funds are based primarily on European Union legislation. The financial authorities in Finland and Luxembourg have approved this merger.

See the attached comparison table. 

Product documentation for the funds is available on www.sebgroup.lu. The depositary statement and the auditor report will be available, free of charge, on request from our registered office, SEB Investment Management AB, Luxembourg branch. 

Sincerely, 

SEB Investment Management AB, Luxembourg branch 

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. The fund is classified as a higher risk fund and may, due to its composition and management methods, fall or rise sharply in value. Key investor information documents and prospectuses are available on www.sebgroup.lu/funds.