Notice of changes to SEB Fund 3 - SEB Technology Fund
As of 29 June 2023 the SEB Fund 3 - SEB Technology Fund will change its name to SEB Artificial Intelligence Fund and will focus on companies that enable the use and/or development of artificial intelligence (AI).
Summary of changes
- New investment focus: Through the new focus, the sub-fund will solely focus on companies that enable the use and/or development of AI.
- New name: The sub-fund will change its name from SEB Fund 3 – SEB Technology Fund to SEB Fund 3 – SEB Artificial Intelligence Fund to reflect the new focus.
- Higher sustainability classification: After the change, the sub-fund will be classified as Article 8 of the SFDR, which means that it promotes environmental and social characteristics. It will also have a minimum proportion of 10% of sustainable investments.
Customers are not required to act due to these changes, and the value units that customers hold in the sub-fund will not be affected. However, it is important for customers to be aware of the changes. If customers do not wish to remain invested in the sub-fund, units can be redeemed free of charge by 28 June 2023.
