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INVESTMENT NEWS - 15. October 2018 17:15

Notice to the unitholders of SEB Fund 1 - SEB Ethical Europe Fund and SEB Fund 1 - SEB Europe Fund

We wish to inform you that SEB Fund 1 - SEB Ethical Europe Fund (C-EUR LU0030166333) will be merged into SEB Fund 1 - SEB Europe Fund (C-EUR LU0030166507).

The merger will be achieved by absorption. When the merger is implemented, SEB Ethical Europe Fund will no longer exist. The Merger will take effect on 21 November 2018 and new fund will be renamed SEB Fund 1 - SEB Sustainability Fund Europe (C-EUR LU0030166507).

SEB Sustainability Fund Europe aims to contribute to businesses that contribute to a sustainable environmental development, following the principles as set by the Management Company.
The fund does not invest in companies that breach international norms. Further, the fund follows specific exclusion criteria regarding companies whose business activities involve weapons, tobacco, alcohol, commercial gambling and pornography. Additionally, the fund does not invest in companies that extract coal, gas or oil.

Unitholders of both funds who do not wish to be included in the Merger are entitled to request, free of charge, the redemption of their shares until 14 November 2018 14.00.

Detailed information is available at the following links:

SEB Fund 1_SEB Ethical Europe Fund_merger_notice_2018.pdfSEB Fund 1_SEB Europe Fund_merger_notice_2018.pdf

Further information on the Merger is available on the Management Company’s website and at the registered office of the Company.
 

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