SEB Climate Focus High Yield Fund

Fact sheet as of 27 March, 2024

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 is actively managed and invests primarily in high yield corporate bonds in the European fixed-income market, with a significant concentration on Nordic issuers. The fund may also invest up to 20% of its assets in European investment grade bonds or global high yield bonds. The fund aims to contribute positively to climate change mitigation in accordance with, among other things, the goal of the Paris Agreement, and to increase the value of your investment over time. The aim is to identify issuers with strong fundamentals and projects that are aligned with the goal of the Paris Agreement and are contributing to global decarbonisation. The analysis considers companies' handling of climate risks and opportunities. This includes, but is not limited to, their commitment to the Science-Based Targets initiative’s (sciencebasedtargets.org) strategies for reducing carbon emissions, their products and services’ contribution to climate change mitigation, and their operational setup involving energy efficiency solutions, renewable energy and recycling. This is done in conjunction with evaluating the?company's potential to deliver long-term capital growth. Engagement with the issuers is also part of the process to influence issuers to set up strategies to mitigate climate change and make ongoing and meaningful progress concerning climate risks and opportunities. For more detailed information about the fund's sustainability work, see the fund's Sustainability Information Document in our Fund List.

INVESTMENT TEAM

The fund is managed by the Fixed Income team in Stockholm with Charlotte Lind and Peter Tram as the principal managers.

Performance (EUR)

NAV: 121.45 (3/27/2024). AuM (M EUR):90.21 (2/29/2024)
When calculating the returns the inflation is not taken into account

Return % EUR

Accumulated
since
Fund Benchmark*
1 day 0.06 0.01
1 month 0.84 0.26
6 months 7.08 7.27
1 year 10.73 11.82
2 years - -
3 years - -
5 years - -
Year to date 2.42 1.59
Since inception 8.94 10.61
Average annual growth
3 years - -
5 years - -

* Benchmark, including dividends

Largest positions1 Share  %

Banco Bilbao Vizcaya Argentaria SA FXDFR PFS PERPETUAL EUR 200000 - ES08132 2.0
Storebrand Livsforsikring AS 1.875% 2.0
Arise AB 9.165% 1.8
Castellum AB 3.125% 1.8
Forvia SE. 2.375% 1.7
Arion Bank hf 0.375% 1.7
Dometic Group AB 2% 1.7
Volkswagen International Finance N.V. 7.5% 1.7
Aker Horizons ASA 7.97% 1.7
Koninklijke KPN N.V. 6% 1.7
1Last updated 2/29/2024. Source: SEB

risk measures 1

Standard Deviation (Fund)8.4
Standard Deviation (Index)8.6
Tracking error1.10
Sharpe Ratio0.09
Information Ratio-1.97
Alpha-2.18
Beta0.97
124 months rolling. Last updated 29 February, 2024

Other information

As of 30 December 2022, the fund changed name from SEB European High Yield Fund. 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 Climate Focus High Yield Fund, 27 March 2024

Key Facts

Year of launch2023
Value at launch (EUR)111.49
BenchmarkBloomberg Pan European High Yield Index
Fund Management CompanySEB Investment Management AB
SRI scale 1-73
ISINLU0977257210
Base CurrencyEUR
Share ClassC (EUR)
Available Share ClassesEUR,NOK,SEK
Legal StructureUCITS
Use of derivativesYes1
1Derivatives 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. Friday, March 29, 2024 10:22:01 AM