SEB Russia Fund

Fact sheet as of 1 July, 2021
Printable version

Past performance does not guarantee future performance. The value of investment funds and other financial instruments may rise as well as fall and there is no guarantee you will recover your original investment. Key Information Document and prospectuses are available on www.sebgroup.lu/funds.

This actively managed equity fund invests mainly in companies listed or traded in Russia or companies that conduct a tangible part of their economic activity in Russia. The fund may also invest up to one third of its net assets in companies that are listed or traded on regulated markets in eligible countries in the surrounding region. Our fundamental investment process enables us to identify what we regard as undervalued, good quality companies that have a healthy growth potential and a skilled management team. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.

INVESTMENT TEAM

The fund is managed by the unit for fundamental equity management with Pavel Lupandin as lead portfolio manager. The team, based in Stockholm, has long and solid experience from fundamental equity management.

Performance (EUR)

NAV: 16.56 EUR (7/1/2021). AuM (M EUR):173.64 (5/31/2021)
When calculating the returns the inflation is not taken into account

Return % EUR

Accumulated
since 		Fund Benchmark*
1 day -0.50 -0.04
1 month 3.95 5.58
6 months 19.02 20.80
1 year 28.68 29.89
2 years 21.38 22.78
3 years 52.61 55.97
5 years 112.06 95.68
Year to date - -
Average annual growth
3 years 15.13 15.97
5 years 16.22 14.37

* Benchmark, including dividends

Sector allocation*

*Last updated 5/31/2021. Source: SEB

Largest positions1 Share  %

Sberbank of Russia 9.4
Yandex NV 8.2
Novolipetsk Steel 5.3
Severstal 5.2
Moscow Exchange MICEX-RTS.. 4.9
Magnit PJSC 4.8
Halyk Savings Bank of Kaza.. 4.8
Polymetal International 4.5
Mobile TeleSystems 4.5
Mail.ru Group Ltd 4.4
1Last updated 3/31/2021. Source: SEB

risk measures 1

No risk measures are calculated due to insufficient history

Other information

As of 2 November 2016, the fund´s Management company is SEB Investment Management AB. The fund changed its benchmark to MSCI Russia 10/40 TR Net January 1, 2011. Previous benchmark was RTS. SEB works actively with sustainability and follows the UN Principles for Responsible Investments. Read more at www.sebgroup.com

SEB Russia Fund, 1 July 2021

Key Facts

Year of launch2006
Value at launch (EUR)10.00
BenchmarkMSCI Russia 10/40 TR Net
Fund Management CompanySEB Investment Management AB
SRI scale 1-761
ISINLU0273119544
Base CurrencyEUR
Share ClassC (EUR)
Legal StructureUCITS
Turnover Ratio1.002
Use of derivativesYes3
1The value of the fund may vary substantially because of its composition and the portfolio management methods applied by the management company.
2From 5/31/2021
3Derivatives may be used to achieve investment objectives or for hedging.

Dividend

Non-distributing share class

Fund costs

Information on the fund's fees and expenses is available in the fund's key information document (KID) or the fund's prospectus

More information

Welcome to contact your financial advisor for more information or visit www.sebgroup.lu.

Important information

This material is prepared by SEB and contains general information regarding financial instruments marketed, sold or solicited by SEB. SEB is the global brand name for Skandinaviska Enskilda Banken AB (publ), its subsidiaries and affiliated companies. Neither this material nor the products described in it are intended for distribution or sale in the United States or to US persons, and any such distribution is not allowed. The offering of shares or units in the funds may also be restricted in other jurisdictions. This document may not be used to make an offer or solicitation with respect to the sale of shares or units where such an offer or solicitation is unlawful. Although the information in this material is based on sources deemed by SEB to be reliable, SEB assumes no liability whatsoever for incorrect or missing information or for any loss, damage or claim arising from the use of this material. Past performance does not guarantee future performance. The value of investment funds and other financial instruments may rise as well as fall and there is no guarantee you will recover your original investment. If you or a fund invests in financial instruments denominated in a foreign currency, changes in currency exchange rates can affect the return on the investment. SEB makes no representation that funds whose share or unit classes aim at hedging the fund’s return from changes in currency exchange rates will succeed in achieving this. Any tax information in this material is based on regulations valid as per the date of this presentation and may be subject to change. Note that any tax information in this material is general. Kindly contact your SEB investment advisor for tax and investment advice appropriate for your situation. You are fully and solely responsible for your investment decision. This material is not intended for or suitable as the sole basis for investment decisions. Instead, you should base your decision on the information in the fund’s product documentation, including its fact sheet, Key Information Document, fund regulations and prospectus. These are available on www.sebgroup.lu/funds. Wednesday, May 8, 2024 1:22:54 AM