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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 and sustainability-related disclosures can be found at Our Luxembourg funds.
Changes to SEB SICAV 2 – SEB Nordic Small Cap Fund (the “Sub-Fund”), including a new benchmark and the removal of the performance fee, will take effect on 1 December 2026.
The Sub-Fund’s benchmark will change from the VINX Small Cap NI Index to the Carnegie Small CSX Net Return Nordic (CSNRXNORDIC).
The new benchmark is considered a more appropriate comparator for the Sub-Fund. Carnegie's small-cap indices are among the most widely used benchmarks for Nordic small-cap funds, alongside MSCI's Nordic small-cap indices, making it easier for investors to compare the Sub-Fund’s performance with that of its peers.
In addition, the VINX Small Cap NI Index includes Iceland, which is not a primary market for the Sub-Fund. The index also adjusts market capitalisation for free float, which may result in the inclusion of larger companies. As a result, the Carnegie Small CSX Net Return Nordic index is considered a more representative benchmark for the Sub-Fund’s Nordic small-cap investment strategy.
No significant portfolio reallocation is expected as a result of these changes.
The performance fee will be removed from all share classes of the Sub-Fund. No performance fee has accrued for the current performance period, and no performance fee will be crystallised or paid as a result of the removal.
This change is intended to align the Sub-Fund’s fee structure more closely with prevailing market practice. The fixed management fee will remain unchanged.
A new NOK (Norwegian krone) capitalising share class (UC-NOK), ISIN LU3405561781, was launched on 31 July 2026, primarily for distribution in Norway.
|
Share class |
ISIN |
|
ZC1 (SEK) |
LU2815982363 |
|
UC (EUR) |
LU2249630844 |
|
M C (SEK) |
LU2394767755 |
|
IC (EUR) |
LU0385665715 |
|
C (EUR) |
LU0385664312 |
|
UC (NOK) |
LU3405561781 |
No material impact on your investment is expected. These updates will not affect the Sub-Fund’s investment objective, strategy, risk profile, or any fees other than the performance fee.
If you wish to redeem your shares before the changes take effect, you may do so free of charge before the cut-off time on 30 November 2026. As always, there are no fees for buying or selling shares in the Sub-Fund. Please note that redemptions may be subject to tax. We recommend that you consult your financial adviser.