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More SEB funds open to invest in the defence sector from June 2025

Risk information

Past performance is not indicative of future results. The value of fund units/shares can rise as well as fall and you may not get back the amount you invested. Funds with a risk level of 5-7 according to the fund’s key information document (KID) can both decrease and increase significantly in value. Fund information, including the KID, prospectus, and sustainability-related disclosures can be found at www.sebgroup.lu/funds.  

Since 2022, a number of SEB funds have had the option to invest in the conventional defence industry. During 2025, we are expanding the range of funds open to investing in this sector.

In 2022, SEB Asset Management’s sustainability policy was updated regarding investments in the defence industry. Since then, selected equity and corporate bond funds have had the option to invest in the conventional defence industry*.

During 2025, we are broadening the selection of our funds that will have the option to invest in this sector.

Information regarding whether a particular fund has the option to invest in the defence industry is available by referring to its information materials available via our fund list at seb.se/fondlistan. This information may be found in the Sustainability-related disclosures (“Hållbarhetsrelaterade upplysningar”) document among others.

*Please note that the funds do not have the option to invest in companies involved in the development of nuclear weapons programmes or the production of nuclear weapons, companies engaged in the manufacture, development or sale of prohibited or controversial weapons (such as cluster bombs, landmines, white phosphorus, and chemical or biological weapons), or companies deriving more than a limited portion of their revenue from the production or sale of civilian weapons.

Additional funds with the option to invest in the defence sector from June 2025

In addition to the funds that already include the defence industry in their investment scope, the following funds will also be eligible to do so.

As of 16 June 2025:

  • SEB Active 20
  • SEB Active 30
  • SEB Active 55
  • SEB Active 80
  • SEB Blandfond Sverige
  • SEB Nordenfond
  • SEB PB Aktiv 25
  • SEB PB Aktiv 50
  • SEB PB Aktiv 75
  • SEB Start 25
  • SEB Start 50
  • SEB Start 75
  • SEB Start 100
  • SEB Världenfond

From 2 June 2025:

  • SEB Fund 3 – SEB Pension Fund (SEB Pensionsfond) 
  • SEB Fund 3 – SEB Pension Fund Plus (SEB Pensionsfond Plus) 
  • SEB Fund 3 – SEB Pension Fund Extra (SEB Pensionsfond Extra)
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