Reduction in Unit Price on 16 May 2017

SEB ImmoPortfolio Target Return Fund’s unit price will decline from EUR 43.86 to EUR 43.69 on the 16 May 2017 publication date, a drop of EUR 0.17.

The change is largely due to the decline in value of the asset in France, Aix-en-Provence, 290 Avenue Galilée because of its current letting situation.