Lowering of management fee for SEB Europe Equity Fund, SEB Global Climate Opportunity Fund, and SEB Global Equal Opportunity Fund
SEB Investment Management AB has decided to reduce the management fee for SEB Fund 1 - SEB Europe Equity Fund, SEB Fund 1 – SEB Global Climate Opportunity Fund, and SEB Global Equal Opportunity Fund. The change will take effect as of 1 June 2024.
The changes will enter into force automatically and unitholders do not need to do anything on their part. The value of your investment(s) in the fund(s) will not be affected, but it is important for you to be aware of the changes.
List of the affected funds and changes in management fees:
| Name of the Fund, share class, ISIN | Current Management fee | New Management fee |
|---|---|---|
| SEB Europe Equity Fund C (EUR) LU0030166507 |
1.40% | 1.20% |
| SEB Europe Equity Fund UC (EUR) LU1791748558 |
0.70% | 0.60% |
| SEB Global Climate Opportunity Fund C (EUR) LU0122113094 |
1.50% | 1.30% |
| SEB Global Climate Opportunity Fund UC (EUR) LU1791748632 |
0.75% | 0.65% |
| SEB Global Equal Opportunity Fund UC (EUR) LU2625208207 |
0.75% | 0.65% |
Detailed information about the changes in management fees is available at the following SEB Group link Sebgroup.lu and upon request at the registered office of the Management Company.
