SEB Short Bond Fund EUR

Fact sheet as of 17 October, 2019

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 investor information documents and prospectuses are available on www.sebgroup.lu/funds.

The fund invests with focus on European fixed income market. The main categories of financial instruments are bonds and other fixed income related instruments in euro issued by governments, corporates, financial institutions as well as covered bond with a minimum credit rating of A- on Standard & Poor’s scale or the equivalent. The portfolio has a maximum duration of two years. Up to 100 percent of the fund’s assets may be invested in various transferable fixed-income securities if they are issued or guaranteed by a member state of the EU.

INVESTMENT TEAM

The fund is managed by the team SEB Credit Fixed Income at SEB Investment Management AB with Xuli Qian as the lead portfolio manager. The team, based in Stockholm, focuses on the credit markets.

Performance (EUR)

NAV: 1.27 EUR (10/17/2019). AuM (M EUR):96.51 (9/30/2019)
When calculating the returns the inflation is not taken into account

Return % EUR

Accumulated
since
Fund Benchmark*
1 day 0.00 -0.02
1 month -0.08 -0.06
6 months -0.16 -0.08
1 year -0.31 -0.22
2 years -0.78 -0.72
3 years -0.78 -1.18
5 years -0.39 -1.19
Year to date 0.00 -0.20
Average annual growth
3 years -0.26 -0.40
5 years -0.08 -0.24

* Benchmark, including dividends

Largest positions1 Share  %

Sanofi 200113 2.2
BMW Finance 1.250% 220905 2.1
UniCredit SpA 2.625% 201031 2.1
Coventry Building Society 2.500% 201118 2.1
Rio Tinto Finance PLC 2.000% 200511 2.1
Nestle Finance International Ltd 1.250% 200504 2.1
Commerzbank AG 0.500% 211206 2.1
Banco Bilbao Vizcaya Argentaria 0.242% 220412 2.1
Unilever 210731 2.1
Swedbank 0.096% 200818 2.1
1Last updated 9/30/2019. Source: SEB

risk measures 1

Standard Deviation (Fund)0.3
Standard Deviation (Index)0.3
Tracking error0.34
Sharpe Ratio-0.85
Information Ratio0.24
Alpha0.08
Beta0.33
124 months rolling. Last updated 30 September, 2019

Other information

As of 2 November 2016, the fund´s Management company is SEB Investment Management AB. 20151120 the fund changed benchmark index. 20150513 the fund changed fund manager. SEB works actively with sustainability and follows the UN Principles for Responsible Investments. Read more at www.sebgroup.com

SEB Short Bond Fund EUR, 17 October 2019

Key Facts

Year of launch1998
Value at launch (EUR)1.00
BenchmarkBarclay's Euro Treasury 6-12 months
Fund Management CompanySEB Investment Management AB
Risk Level (SRRI-scale 1-7)1
ISINLU0088160774
Base CurrencyEUR
Share ClassC (EUR)
Morningstar rating
Turnover Ratio0.301
Use of derivativesYes2
1From 9/30/2019
2Derivatives may only be used for hedging.

Dividend

Non-distributing share class

Costs %

Management Fee0.30
Entry FeeNone
Ongoing Charges10.362
1The ongoing charges include the management fee and constitute payment for fund management, including marketing and distribution. The ongoing charges do not include transaction costs such as brokerage commissions on securities transactions.
2From 15/02/2019

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 Investor Information Document, fund regulations and prospectus. These are available on www.sebgroup.lu/funds. Saturday, October 19, 2019 2:59:55 PM