Notice to the unitholders of SEB Fund 4 – SEB Short Bond Fund EUR
We wish to inform you that between November 3 to 10, 2023 SEB Fund 4 – SEB Short Bond Fund EUR will be merged with SEB Fund 5 – SEB Euro Short Rate Fund.
The Merger will be achieved by absorption. When the merger is implemented, SEB Short Bond Fund EUR will no longer exist.
List of affected ISINs:
- LU1808744020 UC (EUR)
- LU0088160774 C (EUR)
- LU1267950506 IC (EUR)
As of 10 November 2023, due to the terms and conditions of the fund saving order agreement, your fund savings in SEB Short Bond Fund EUR will go to SEB Euro Short Rate Fund, if you do not cancel the fund savings standing order before 10th November 14:00.
Unitholders of SEB Short Bond Fund EUR, who do not wish to be included in the Merger, are entitled to request, the redemption (ie submit sales order to the bank) of their units until 3 November 2023 11:30. Unitholders, who do not redeem their units in the merging sub-fund before cut-off time 11:30 on 3 November 2023, will automatically receive units in the receiving fund SEB Euro Short Rate Fund.
It is not possible to buy, sell or switch from November 3, 2023 SEB Short Bond Fund EUR units. Also, the purchase transactions of the fund savings standing order falling during this period will not be executed or postponed. As of November 10, 2023 it is possible to trade only with the SEB Euro Short Rate Fund units.
NB! Please note that it is not possible to make any fund switch transactions between the merging sub-fund and all the other funds listed in SEB Luxembourg, including receiving sub-fund from October 27, 2023 until November 9, 2023.
Detailed information about the Merger and new fund is available at the following SEB Group link: Sebgroup.lu and upon request at the registered office of the Management Company.
