AMWatch

SEB changes fund in response to client demand

A sub fund will have a climate focused objective and a new name as of October 11, the bank announces.

Photo: PR/SEB

SEB is changing the profile of one of its Luxemburg-domiciled funds. In a recent investor notification, the bank announces that the sub fund SEB Global Chance/Risk is getting a new climate-related objective.

This means that it will now invest exclusively in companies contributing to this objective, which is to create a positive climate impact, the bank announces.

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