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Past performance is not indicative of future results. The value of fund units/shares can rise as well as fall and you may not get back the amount you invested. Funds with a risk level of 5-7 according to the fund’s key information document (KID) can both decrease and increase significantly in value. Fund information, including the KID, prospectus, and sustainability-related disclosures can be found at www.sebgroup.lu/funds.
We at SEB Investment Management AB, will merge SEB Fund 4 – SEB USD Currency Fund, the merging sub-fund, with SEB Fund 5 – SEB USD Currency Fund, the receiving sub-fund, effective 15 November 2024.
The merger is purely a legal and administrative change. Investors in the merging sub-fund, SEB Fund 4 – SEB USD Currency Fund, do not need to take any action. As an investor in the merging sub-fund, you will automatically receive units in the receiving sub-fund, SEB Fund 5 – SEB USD Currency Fund, after the merger, with no impact on the value of your investment. While the names of the two funds are similar, this merger is part of our effort to simplify and streamline our legal fund structures, thereby reducing administrative handling, which should result in lower costs for you as an investor.
Both funds have the same risk profile and very similar investment objectives, but the receiving sub-fund will have a slightly higher allocation to green bonds (85% compared to the merging fund’s 80%). The wording in the prospectus has been updated to provide clarity for the receiving sub-fund.
| SEB Fund 4 – SEB USD Currency Fund (merging sub-fund) | SEB Fund 5 – SEB USD Currency Fund (receiving sub-fund) |
| C (USD) LU0011924932 | C (USD) LU2847688095 |
| UC (USD) LU2249630505 | UC (USD) LU2847688178 |
If you wish to redeem your holdings before the merger, the following applies:
As usual, no fees are charged for purchases or sales in the sub-fund. The merger will not result in any tax implications for you as a participant. Note that redemption can result in taxation. Kindly consult your financial advisor.
More information about the merger, fees, and investment objectives can be found in the documents below: