General
We wish to inform you that the prospectus of the fund has been updated to reflect various regulatory requirements (General Data Protection Regulation EU 2016/679, Benchmark Regulation 2016/1011, ESMA Q&A on the application of the UCITS Directive updated as of 23 July 2018).
SEB Fund 3 – SEB Pension Fund
We further wish to inform you that we will make the following change in the sub fund, SEB Fund 3 – SEB Pension Fund. Effective as of 15 February 2019.
Change of base currency: the Swedish kronor will replace the US dollar as the
sub fund’s base currency. We make this change because a majority of the holdings are in SEK and the majority of clients are invested in the fund’s C (SEK) unit class. We also believe the change of base currency will help us manage the fund more efficiently. Please note that there is no impact on the currencies of the share classes.
You are not required to take action due to this change, but it is important that you as an investor understand it. If you do not wish to remain invested in the sub fund, you may redeem your units free of charge by 15.30 CET, 13 February 2019.
Updated product documentation, including the prospectus dated January 2019, will be available on www.sebgroup.lu and can also be requested from our registered office.