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 im-plementing our new sustainability policy In March 2021.
Now that all our funds have the same ambition, we are removing the word "sustainable" from the fund names. Consequently, the sub funds in SEB Fund 3 and SEB Sustainability Fund Global will be renamed as of 4 June 2021. See the table, below, describing the new names for SEB Fund 3 and SEB Sustainability Fund Global. You are not required to act due to these changes, but you should be familiar with them.
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 environ-mental 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.
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.
SEB Fund 3 umbrella:
| Old name | New name | Same class & ISIN codes |
| SEB Sustainability Fund Sweden | SEB Sweden Equity Fund |
C (SEK), LU0047322432 ID |
| SEB Sustainable Global Exposure Fund | SEB Global Exposure Fund |
C (SEK), LU2196326651 |
| SEB Sustainable US Exposure Fund | SEB US Exposure Fund |
C (H-SEK), LU1548801270 |
SEB Sustainability Fund Global umbrella:
| SEB Sustainability Fund Global | SEB Global Equity Fund | C (EUR), LU0036592839 C (USD), LU1514257044 D (EUR), LU1514256319 IC (EUR), LU1514256582 IC (USD), LU1514257390 ID (EUR). LU1514256749 |
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.