You're using an older browser that may not provide the best experience on our site - for optimal performance and security, please update your browser.
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.
SEB Funds AB are introducing prospectus update for SEB Fund 3 – SEB Pension Fund to improve clarity and transparency. These updates will be implemented 2 June 2025.
You are not required to act due to these changes, and the value of your units in the sub-funds will not be affected, but it is important for you to be aware of the changes.
We would like to inform you that SEB Fund 3 – SEB Pension Fund (the “Sub-Fund”) may, from time to time, have exposure to contingent convertible bonds (“CoCos”). Historically, such investments have been limited. In the interest of transparency, we are updating the Sub-Fund’s supplement to include this disclosure.
To align with regulatory investment restrictions, a maximum exposure limit of five per cent in CoCos is now being introduced. This ensures continued compliance should market conditions change.
In addition, a section on “Coco bonds risk” has been added to the Sub-Fund’s supplement and the general section of the Prospectus, to provide further information for investors.
While the Sub-Fund's exposure to CoCos will be limited to a maximum of five per cent, this update is primarily intended to increase transparency, not to change the investment strategy or portfolio composition. As such, no portfolio rebalancing is expected, and the Sub-Fund’s investment objective and policy remain unchanged.
There is no anticipated material impact on your investment. The Sub-Fund’s investment objective and policy remain the same, and there are no changes to fees. The Sub-Fund will continue to maintain a low risk profile following this update.
If you wish to redeem your holdings in the Sub-Fund, you may do so free of charge before cut-off time on 28 May.
Sincerely,
SEB Funds AB, Luxembourg Branch