SEB Asset Selection Opportunistic

Fact sheet as of 29 January, 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.

The fund aims to create capital growth in the long term from an absolute perspective. Consequently the fund has no benchmark. The fund takes active positions globally in one or several of the following asset classes: equities, currencies, bonds and commodity indices. The return target is the risk free rate plus 10 percentage points per year, measured as an average over a period of 3-5 years. The fund manager typically invests the cash in short term bonds issued by governments or companies with the aim to generate the risk free rate of return. In pursuit of excess return the fund manager takes derivatives positions - mainly in futures and forwards - on indices or single instruments in the equity, bond, currency and commodity markets. The futures and forwards positions may be long, meaning they will gain from a rising market or lose from a falling market; or short, meaning they will lose from a rising market or gain from a falling market. Transaction costs may be high due to the fund's strategy. Transactions costs are taken from the fund.

INVESTMENT TEAM

The fund is managed by our Quantitative Strategies and Liquid Alternatives team with Otto Francke and Mikael Nilsson as the lead portfolio managers. The team, based in Stockholm, has extensive experience of systematic strategies.

Performance (EUR)

NAV: 123.15 (1/29/2021). AuM (M EUR):15.98 (12/31/2020)
When calculating the returns the inflation is not taken into account

Return % EUR

Accumulated
since 		Fund Benchmark
1 day 0.01 -
1 month -0.15 -
6 months 11.50 -
1 year -1.77 -
2 years 5.82 -
3 years -21.91 -
5 years -12.93 -
Year to date - -
Average annual growth
3 years -7.91 -
5 years -2.73 -

Largest positions1 Share  %

Dutch Treasury Certificate 210128 15.2
Dutch Treasury Certificate 210429 15.1
German Treasury Bill 210505 12.4
Dutch Treasury Certificate 210225 12.4
Dutch Treasury Certificate 210528 9.4
German Treasury Bill 210728 9.3
German Treasury Bill 210609 9.3
Dutch Treasury Certificate 210330 9.2
1Last updated 12/31/2020. 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. SEB works actively with sustainability and follows the UN Principles for Responsible Investments. Read more at www.sebgroup.com

SEB Asset Selection Opportunistic, 29 January 2021

Key Facts

Year of launch2009
Value at launch (EUR)100.00
Fund Management CompanySEB Investment Management AB
SRI scale 1-771
ISINLU0425994844
Base CurrencyEUR
Share ClassC (EUR)
Available Share ClassesEUR,GBP,NOK,SEK
Use of derivativesYes2
Valuation FrequencyDaily
Trading FrequencyDaily
1The value of the fund may vary substantially because of its composition and the portfolio management methods applied by the management company.
2In pursuit of excess return the fund manager takes derivatives positions (mainly in futures and forwards) on indices or single instruments within the equity, bond, currency and commodity markets.

Dividend

Non-distributing share class

Costs %

Management Fee1.50
Performance Fee20.001
Entry Fee5.00
Ongoing Charges21.593
1Of the difference between: a) the return exceeding the previously highest NAV/share (“High Water Mark”) and b) the return on the 3-month Treasury bill index since the High Water Mark was achieved. A negative index return is replaced by 0% index return.
2The 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.
3From 17/02/2021

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. Tuesday, December 5, 2023 7:43:10 PM