OREANDA-NEWS.  January 15, 2014. We would like to inform you about the upcoming change in SEB Fund 1-SEB Asset Selection Fund. Starting from 1 March 2014, the risk free rate used as a hurdle rate when calculating the hurdle value for the performance fee.

Instead of 1 month Inter Bank Offered Rate Index the 3 Month Treasury Bill Return Index will be used.

Unitholders who do not agree with the suggested changes, may request redemption of their units, free of charge until 28 February 2014.

The prospectus of SEB Fund 1, dated March 2014, including the above change will be available at the registered office of the Management Company upon request and on the website www.sebgroup.lu