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SEB Fund 3 - SEB Medical Fund will merge with SEB Concept Biotechnology
The management company, SEB Investment Management, has decided to merge SEB Fund 3 - SEB Medical Fund with SEB Concept Biotechnology, the receiving fund. The merger will be carried out 21 April 2023.
The merging sub-fund has experienced a continued weak investment interest in recent years and asset under management in the fund continues to be low. The reason for the merger is to provide the benefit of a larger fund size which would result in greater efficiency from a portfolio management, operational, and cost-effective perspective.
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