The changes in the documentation for SEB SICAV, SEB SICAV-SIF and SEB FCP sub‑funds, effective from 23 February 2026
SEB Funds AB will implement several updates to the precontractual and sustainability disclosures for SEB SICAV, SEB SICAV-SIF and SEB FCP sub-funds. The changes take effect on 23 February 2026.
These updates concern the following funds:
Sub-funds affected (SEB SICAV 1, SEB SICAV 2, SEB SICAV-SIF):
- SEB Emerging Markets Fund
- SEB Eastern Europe Small and Mid Cap ex. Russia Fund
- SEB Listed Private Equity Fund
- SEB Nordic Small Cap Fund
- SEB Micro Cap Fund SICAV SIF
Sub-funds affected (FCP umbrellas SEB Fund 5, SEB Fund 1):
- SEB Corporate Bond Fund EUR / SEK
- SEB Dynamic Bond Fund
- SEB Danish Mortgage Bond Fund
- SEB Euro Bond Fund
- SEB Euro Short Rate Fund
- SEB Green Bond Fund
- SEB European Equity Small Caps
- SEB Euroland Free of Management Fee
- SEB European Defence & Security Fund (LU)
- SEB Nordic Future Opportunity Fund
- SEB Global Climate Opportunity Fund
Key changes
- Updated sustainability disclosures (general updates)
- Updated Paris Aligned Benchmark thresholds (1% caps for coal distribution and metallurgical coal mining).
- Streamlined wording by referring to the Management Company’s overarching sustainability policy.
- Updated approach to military related investments.
- Clarified exclusions.
- Increases in minimum sustainable investment levels
Due to improved sustainability data availability, the following commitments have been revised upward:
- SEB Emerging Markets Fund → min. sustainable investments: 20%
- SEB Global Climate Opportunity Fund→ min. sustainable investments: 10%
- SEB Nordic Small Cap Fund → min. sustainable investments: 20%
- SEB European Equity Small Caps → min. sustainable investments: 10%
- Corporate Bond Funds (EUR/SEK) and Dynamic Bond Fund → min. sustainable investments: 20%
- Other changes
- SEB Emerging Markets Fund maximum management fee reduced from 1.75% to 1.50%..
- Listed Private Equity Fund clarified that it will typically hold 30–45 companies.
- Updates to boards of directors for SICAV 1, SICAV 2 and SICAV SIF.
- Legal entity name updated to SEB Funds AB (formerly SEB Investment Management AB).
Why these changes?
The updates aim to:
- reflect enhanced sustainability data and improve transparency,
- align exclusions and sustainability thresholds with current EU and PAB standards (Paris‑Aligned Benchmark),
- ensure more accurate fund sustainability classifications
Impact for investors
You do not need to take any action.
These updates are not expected to have any material impact on your investment. The sub-funds’ strategies and objectives remain unchanged, and no fee adjustments will be made.
For more details, please refer to the full notices on SEB SICAV updates and full notices on SEB FCP fund updates.
