SEB Fund 3 – SEB US Exposure Fund will merge with SEB USA Exposure (Sweden domiciled)
SEB Funds AB has decided to merge the Luxembourg‑domiciled SEB Fund 3 – SEB US Exposure Fund into the Sweden‑domiciled SEB USA Exposure. The merger will be effective on 16 February 2026.
- No action is required from you.
- Your investment value and rights remain unchanged.
- The merger aims to simplify the fund offering and improve management efficiency and cost-effectiveness.
- The receiving fund was created specifically to absorb the merging fund. The fund tracks the MSCI USA Net Return Index but will shift to a custom index that already applies to the required sustainability exclusions, reducing benchmark deviation. The risk profile remains the same. The fund will operate on Swedish banking days, and ongoing costs will be lower than in the merging Luxembourg domiciled fund.
Fees and tax
- No fees will be charged for redemption or sale of fund units before or after the merger.
- Redemption may have tax implications.
Important dates
- 5 February 2026. If you do not agree with the upcoming changes, you may redeem your units free of charge by 5 February 2026 12:00 EET (final day to submit your redemption order ahead of the upcoming fund merger). Please note that redemption may have tax implications. Orders submitted after 5 February 2025 at 12:00 EET will be rejected, and trading will resume on 16 February 2026 when the fund transitions to daily trading.
- 16 February 2026. Merger effective date. New units will be issued in the receiving fund.
Unit classes and ISINs
| Merging Fund: SEB Fund 3 – SEB US Exposure Fund | Receiving Fund: SEB USA Exposure |
|---|---|
| D (USD) — LU0047323166 | E (USD) — SE0026526493 |
| UC (EUR) — LU2625197244 | J (EUR) — SE0026526543 |
| C (USD) — LU0268529194 | C (USD) — SE0026526477 |
If you have set up a standing order for units in the fund SEB Fund 3 – SEB US Exposure Fund, this standing order will remain valid and apply to investments in the fund SEB USA Exposure following the merger. If the scheduled purchase date (including according to the fund standing order agreement) falls within the merger period (5 February – 16 February) please be advised that such purchases will be cancelled and will not be executed later.
More information about merger and funds comparison is available on the SEB group website.
