dedoc/paragraph_dataset huggingface dataset:
 Liquidity risk: some of the assets of the Sub-Fund may become difficult to sell at a certain time and
for a reasonable price.
 Counterparty risk: if a counterparty does not fulfil its obligations to the Sub-Fund (e.g. not paying an
agreed amount or not delivering securities as agreed).
 Currency risk: The Sub-Fund invests in securities that are issued in currencies other than the base
currency of the Sub-Fund. As a result the Sub-Fund is subject to currency risk, which arises from
changes in the exchange rates;
 Operational risk: it is the risk of loss resulting from e.g. system breakdowns, human errors or from
external events.
 Market risk: the value of the Sub-Fund is influenced by the general situation in world economy, local
its reference portfolio. This Sub-Fund uses the MSCI Europe Net Return Index as a reference portfolio for the
purpose of the relative VaR measurement.
The management fee will amount to a maximum of 1.4 % per annum of the Sub-Fund’s net assets.
This commission is being payable at the end of each month and based on the average net assets of the Sub-
Fund calculated daily for the relevant month.
SEB SICAV 2 - SEB Listed Private Equity Fund
This Sub-Fund will mainly invest in companies which are active in private equity business. The portfolio will
mainly include equities and equity related transferable securities issued by companies with a private equity
angle, without being restricted to a specific geography or a certain industrial focus. The Sub-Fund may also use
closed-ended Exchange Traded Funds (ETFs). Such ETFs may be managed actively or passively and are at any
time in conformity with the applicable guidelines and provisions in terms of the Directive 2009/65/EC, as
The Sub-Fund may use futures contracts, options, swaps and other derivatives for hedging purposes and/or as
part of the investment strategy. The underlying assets of the above mentioned derivatives consist of
instruments as described in this Prospectus under Section 3.1. “Eligible Assets” a) to g) as well as financial
indices, interest rates, foreign exchange rates.
Skandinaviska Enskilda Banken AB (publ), a company established under the laws of the Kingdom of Sweden
its reference portfolio. This Sub-Fund uses the S&P Listed Private Equity Index as a reference portfolio for the
* to be launched upon first subscription
** may be waived at the discretion of the management company
The management fee will amount to a maximum of 1.5 % per annum of the Sub-Fund’s net assets for “C”
shares. Such fee will amount to a maximum of 1.0% per annum of the Sub-Fund´s net assets for “I” shares.
This fee is being payable at the end of each month and based on the average net assets of the Sub-Fund
calculated daily during the relevant month.
7.2. Performance Fee
attributable to the relevant Share Class.
The performance fee will be calculated, accrued and crystallised on each Valuation Day in the respective
share classes as described below and will be paid out monthly in arrears.
The performance fee in a particular share class will be calculated by taking the number of shares in the share
class times the performance fee rate, 15% for C class and 10% for IC and ID classes, times any positive
excess performance per share recorded on that day.
The Sub-Fund uses the principle of High Water Mark and a fixed percentage of 6% p.a. as a hurdle applicable
to all classes.
The calculation of the performance fee takes place on the basis of the number of shares of the relevant class
as of the relevant Valuation Day calculated before any subscriptions and redemptions with trade date equal
to the Valuation Day.
Performance fee = 10% /15% X MAX [0, Base NAV(t) – Hurdle Vallue(t)]
The Management Company will calculate the “6% p.a. Fixed Percentage” Return Index itself.
SEB SICAV 2 - SEB Nordic Small Cap Fund
This Sub-Fund is focused on Nordic small and medium capitalization companies. The Sub-Fund may use
amended. The Sub-Fund is not restricted to a specific industrial sector.
In order for the Sub-Fund to claim eligibility to the French “Plan d’Epargne en Actions” (“PEA”) and as long as it
is registered with the Autorité des marchés financiers in France, the total amount invested in PEA eligible
assets will not be less than 75% at any time.
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its reference portfolio. This Sub-Fund uses the VINX Small Cap EUR NI as a reference portfolio for the
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The management fee will amount to a maximum of 1.3 % per annum of the Sub-Fund’s net assets for “C”
shares. Such fee will amount to a maximum of 0.9% per annum of the Sub-Fund’s net assets for “IC” shares.
These fees are being payable at the end of each month and based on the average net assets of the Sub-Fund
attributable to the relevant share class.
class times the performance fee rate, 20% (for C class) // 10% (for IC class), times any positive excess
performance per share recorded on that day. The Sub-Fund uses VINX Small Cap EUR NI as index when
calculating excess performance.
Performance fee = 20% /10% X MAX [0, Base NAV(t) – Hurdle Value(t)]
net asset value per share calculated for this Valuation Day. Calculation of the net asset value is performed on
the immediately following Valuation Day. Orders received after 15.30 hrs (CET) on a Valuation Day will be
considered as orders being placed on the next Valuation Day before 15.30 hrs (CET).
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ADDITIONAL INFORMATION FOR INVESTORS IN GERMANY