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SEB Fund 1: new names reflect stricter sustainability policy

Now that all our funds have the same sustainability ambition, we are removing the word "sustainable" from our funds' names. SEB Sustainable Europe Exposure Fund, SEB Sustainability Fund Europe and SEB Sustainability Nordic Fund, all included in the SEB Fund 1 umbrella, will be renamed as of 7 July 2021 to reflect the new sustainability policy.

SEB Investment Management AB adopted a new sustainability policy in December 2020 and clarified our position on climate change, including our goal for a carbon-neutral investment portfolio by 2040. This applies to all our funds, not solely our sustainable funds. We started implementing our new sustainability policy In March 2021.

You are not required to act due to these changes, but you should be familiar with them. For details of the new names, scroll down to the table below. All ISIN codes remain the same. 

All our funds have the same high level of ambition regarding:

Integrated sustainability analysis: sustainability is an important part of all our investment decisions and investment processes. An important task is to identify companies that have started or are facing change and that are taking strategic and financial measures to be able to remain competitive in the transition to a more sustainable economy.

Exclusion: we exclude companies that violate human rights, contribute to serious environmental damage or are active in industries or in areas of activity that have major challenges regarding sustainability, such as fossil fuels, tobacco and commercial gaming.

Active ownership: as owners and investors, we have a responsibility and an opportunity to drive development and influence companies in their sustainability work.

SEB Fund 1 umbrella

Old name New name Same classes and ISIN codes

SEB Sustainable Europe Exposure Fund

SEB Europe Exposure Fund

C (EUR), LU0030164395

C (H-SEK), LU1548800892

IC (EUR), LU1118354460

IC P (SEK), LU1032627553

ID (SEK), LU1267950928

 

SEB Sustainability Fund Europe

SEB Europe Equity Fund

C (EUR), LU0030166507

D (EUR), LU0427863906

IC (EUR), LU2158612528

ICP (SEK), LU1032627470

UC (EUR), LU1791748558

 

SEB Sustainability Nordic Fund 

SEB Nordic Equity Fund

C (EUR), LU0030165871

C (NOK), LU1807522930

C (SEK), LU1807523151

IC (EUR), LU2030514330

IC (SEK), LU1816660721

UC (EUR), LU1748252209

UC (SEK), LU1883351956

ZC (EUR), LU2071392547

 

 

                                                                                                                                                                                                                                                                                                                              Updated product documentation for the sub funds will be available on www.sebgroup.lu and from our registered office as of implementation of the changes.

 

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 sebgroup.lu/funds.