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.