SEB Short Bond Fund EUR

Fact sheet as of 10 November, 2023
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.

The fund’s investment focus is on the European fixed income market. The main categories of financial instruments used are bonds and other fixed income related instruments in euro issued by governments, corporations, financial institutions, as well as covered bonds with a minimum credit rating of A- on Standard & Poor’s scale or the equivalent. The portfolio has a maximum duration of two years. The fund manager performs a credit risk assessment prior to investing. The fund promotes sustainability-related properties via integrated sustainability analysis as part of the investment decisions, and the exclusion of companies, business models and products that are deemed to affect the climate, society, or stakeholders negatively. The fund’s active ownership process aims to drive and influence the development of the companies in which we invest. For detailed information, see the fund's Sustainability Information document on the Prices & Facts section of our website.

INVESTMENT TEAM

The fund is managed by the Fixed Income team in Stockholm with Marianne Gut as the principal manager.

Performance (EUR)

NAV: 1.23 EUR (11/10/2023). AuM (M EUR):79.89 (10/31/2023)
When calculating the returns the inflation is not taken into account

Return % EUR

Accumulated
since 		Fund Benchmark*
1 day 0.00 -0.01
1 month 0.41 0.31
6 months 1.07 1.29
1 year 1.91 2.08
2 years -3.00 0.68
3 years -3.54 0.21
5 years -3.84 -0.26
Year to date - -
Average annual growth
3 years -1.19 0.07
5 years -0.78 -0.05

* Benchmark, including dividends

Largest positions1 Share  %

Royal Bank of Canada 0.125% 240723 2.6
BMW Finance 0.625% 231006 2.5
Credit Agricole SA 2.375% 240520 2.5
Bank of America 2.375% 240619 2.5
Metropolitan Life Global Funding I 0.375% 240409 2.5
SAP SE 1.000% 250401 2.5
Volvo Treasury 1.625% 250526 2.4
Svenska Handelsbanken 1.000% 250415 2.4
HYPO NOE Gruppe Bank AG 1.375% 250414 2.4
Agence Francaise de Developpement 250325 2.4
1Last updated 9/29/2023. Source: SEB

risk measures 1

Standard Deviation (Fund)2.3
Standard Deviation (Index)0.7
Tracking error1.78
Sharpe Ratio-0.61
Information Ratio-0.96
Alpha-1.72
Beta2.51
124 months rolling. Last updated 30 November, 2023

Other information

As of 2 November 2016, the fund´s Management company is SEB Investment Management AB. SEB works actively with sustainability and follows the UN Principles for Responsible Investments. Read more at www.sebgroup.com

SEB Short Bond Fund EUR, 10 November 2023

Key Facts

Year of launch1998
Value at launch (EUR)1.00
BenchmarkBarclay's Euro Treasury 6-12 months
Fund Management CompanySEB Investment Management AB
SRI scale 1-72
ISINLU0088160774
Base CurrencyEUR
Share ClassC (EUR)
Turnover Ratio0.101
Use of derivativesYes2
1From 10/31/2023
2Derivatives may only be used 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, April 24, 2024 9:39:51 AM