Changes in the prospectus for SEB High Yield umbrella and its sub-funds
SEB Funds AB will implement updates to the prospectus and sustainability related disclosures for the SEB High Yield umbrella. The changes take effect on 3 March 2026.
Sub-funds affected:
- SEB Climate Focus High Yield Fund
- SEB Global High Yield Fund
Key changes
- General updates (both sub-funds):
- Clarified exclusions.
- Clarified sustainability risk wording.
- Clarified that UCITS eligible securities received through bond restructurings may be temporarily retained eligible securities received through bond restructurings may be temporarily retained.
- SEB Climate Focus High Yield Fund – specific updates
- Minimum Taxonomy aligned investments increased from 1% to 5%.
- Sustainable investment allocation adjusted: 75% environmental and 10% environmental or social.
- Removed “science-based targets” and “engagement dialogues” as binding elements.
- Clarified the investment universe to include other debt related securities. May invest outside Europe while remaining European related securities.
- SEB Global High Yield Fund – specific updates
- Removed “engagement dialogues” and “integration (SIMS S)” as binding elements.
- Clarified focus on European and US bonds.
- Clarified the investment universe to include other debt-related securities.
Trading information
If you do not agree with the upcoming changes, you may redeem your units free of charge by 2 March 2026 12:00 EET (final day to submit your redemption order ahead of the upcoming changes).
Impact for investors
The updates will not have any foreseeable material impact on your investment and no rebalancing of either sub-fund’s portfolio is foreseen. The overall strategy and objective of each sub-fund remain unchanged, and the sub-funds’ risk profile and fees structure remain the same.
More information about changes in the prospectus for SEB High Yield umbrella and its sub-funds
