25 Mar 2020 15:20

SEB SICAV 2 – SEB Alternative Fixed Income liquidation decision

The extraordinary general meeting on 25 March 2020 voted to put the sub fund SEB SICAV 2 – SEB Alternative Fixed Income into liquidation, effective immediately.

The decision to liquidate is a consequence of the continued challenging environment for the fund’s investment strategies and we do not see that this will change going forward.

  • As of 15.30 on 16 March 2020: trading suspended to ensure the best interests of all share-holders. Subscriptions, conversions, transfer orders and redemptions are no longer accepted as of this date.
  • 25 March 2020: the liquidation process begins.

We expect to be able to distribute reimbursement payments in mid-April. The net proceeds of the liquidation will be distributed to the investors proportionally to their rights. Liquidation can lead to tax consequences for shareholders. Kindly contact your tax advisor.

Any expenses related to the sub fund's liquidation are borne by SEB Investment Management AB.  The liquidation of this sub fund does not affect the umbrella, SEB SICAV 2, or its other sub funds.

The following share classes are included in the liquidation:

Share class

ISIN code
UC (EUR) LU1822878739
UC (H-SEK) LU1902141339
C (EUR) LU0920714648
C (H-SEK) LU0920714721
HNWC (H-SEK) LU0920714994
ID (H-SEK) LU0920715702

 

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 www.sebgroup.lu/funds.