03 Jun 2019 09:00

SEB Fund 1 – SEB European Opportunity Fund liquidation

We would like to inform you that SEB Fund 1 – SEB European Opportunity Fund will be liquidated. The sub fund closes for transactions as of 09:00 on 3 June2019 and the liquidation process starts. 

We decided to liquidate because the sub fund’s assets under management are insufficient for us to manage the sub fund efficiently and in the best interest of unitholders.

  • The sub fund closes for transactions as of 09:00 on 3 June2019 and the liquidation process starts. This means that you as an investor will not be able to buy, sell, convert or transfer units of the sub fund.
  • The final net asset value (NAV) for the sub fund will be dated 4 June 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. We plan to distribute reimbursement payments as soon as possible after the liquidation.
  • Any expenses related to the sub fund’s liquidation are borne by the Management Company, SEB Investment Management AB.

 SEB Fund 1 – SEB European Opportunity Fund is a feeder fund domiciled in Luxemburg. The portfolio of the fund consists primarily of units invested in the master fund, T Rowe Price Funds SICAV – European Equity Fund, which is also domiciled in Luxemburg.