Changes to SEB Nordic Small Cap Fund
From 1 December 2026, SEB Funds will make changes to SEB SICAV 2 – SEB Nordic Small Cap Fund. The fund's benchmark index will change, and the performance fee will be removed. These changes aim to provide a more representative benchmark for the fund’s investment strategy and align the fund’s fee structure more closely with prevailing market practice.
Changes: The benchmark index will change from the VINX Small Cap NI Index to the Carnegie Small CSX Net Return Nordic (CSNRXNORDIC). The new benchmark is considered more representative of the fund’s Nordic small-cap investment strategy. The performance fee will also be removed from all fund classes, while the fixed management fee will remain unchanged.
Effective date: 1 December 2026.
Impact: No material impact on customer investments and significant portfolio reallocation is expected as a result of these changes. These updates will not affect the fund’s investment objective, strategy, risk profile, or any fees other than the removal of performance fee.
Redemption: Customers may redeem their units for free until the cutoff time on 27 November 2026. Please note that redemptions may have tax implications, and we recommend consulting with financial adviser in case of any questions.
More information about the changes is available on the SEB group website.
