CAPÍTULO III. MARCO LEGAL
3.3 ordenamientos locales
3.3.1 Programa de Ordenamiento Ecológico del Territorio (POET)
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Bonds indicated in 1,000 currency units
Transferable securities admitted to an official stock exchange listing and/or dealt with in on another regulated market Bonds
Sweden
1.02 % Lansforsakringar Bank AB FRN 26/05/17 5,000 SEK 101.098 652,283.03 0.08 2.00 % Nordea Hypotek AB 20/06/18 130,000 SEK 104.970 17,608,893.39 2.24 3.00 % Skandinaviska Enskilda Banken AB 20/06/18 54,000 SEK 108.386 7,552,495.29 0.96 3.00 % Stadshypotek AB 21/03/18 30,000 SEK 107.988 4,180,423.37 0.53 3.00 % Stadshypotek AB 19/12/18 30,000 SEK 109.189 4,226,916.39 0.54 3.75 % Swedbank Hypotek AB 16/09/15 7,000 SEK 102.436 925,282.11 0.12 3.75 % Swedbank Hypotek AB 19/09/18 160,000 SEK 111.605 23,042,370.16 2.93 2.25 % Sweden Government Bond 01/06/32 3,450 SEK 112.225 499,611.27 0.07 3.50 % Sweden Government Bond 30/03/39 12,500 SEK 137.189 2,212,854.29 0.28
Total Sweden 60,901,129.30 7.75
Total Bonds USD 60,901,129.30 7.75
Shares
Australia
Australia & New Zealand Banking Group Ltd 3,510 AUD 32.040 92,126.38 0.01 Commonwealth Bank of Australia 95,034 AUD 85.580 6,662,476.59 0.85 Dexus Property Group 152,002 AUD 7.160 891,552.10 0.11 Insurance Australia Group Ltd 292,520 AUD 6.250 1,497,683.30 0.19 Telstra Corp Ltd 1,455,771 AUD 5.980 7,131,463.31 0.91 Woodside Petroleum Ltd 102,518 AUD 38.030 3,193,823.08 0.41
Total Australia 19,469,124.76 2.48
Belgium
Belgacom SA 2,208 EUR 29.890 80,335.79 0.01
Total Belgium 80,335.79 0.01
Bermuda
Brookfield Property Partners LP 2,882 CAD 27.140 67,324.25 0.01 PartnerRe Ltd 34,500 USD 113.930 3,930,585.00 0.50
Total Bermuda 3,997,909.25 0.51
Brazil
AES Tiete SA (Pref) 15,100 BRL 18.330 104,486.72 0.01 Cia de Transmissao de Energia Eletrica Paulista (Pref) 12 BRL 40.830 184.96 0.00 Cia Energetica de Minas Gerais (Pref) 391,390 BRL 13.300 1,965,092.66 0.25 Eletropaulo Metropolitana Eletricidade de Sao Paulo SA (Pref) 41 BRL 9.090 140.69 0.00 Itau Unibanco Holding SA (Pref) 26,080 BRL 34.650 341,139.88 0.05
Total Brazil 2,411,044.91 0.31
Canada
Bank of Montreal 96,600 CAD 81.980 6,816,363.25 0.87 Canadian Imperial Bank of Commerce/Canada 76,900 CAD 100.360 6,642,853.55 0.85 Canadian Tire Corp Ltd A 25,500 CAD 121.920 2,675,979.74 0.34 H&R Real Estate Investment Trust 500 CAD 21.730 9,351.85 0.00 National Bank of Canada 33,200 CAD 49.600 1,417,383.74 0.18 Power Financial Corp 200 CAD 36.180 6,228.25 0.00 Shaw Communications Inc B 245,500 CAD 31.370 6,628,781.46 0.84
Total Canada 24,196,941.84 3.08
Cayman Islands
Hopewell Highway Infrastructure Ltd 9,000 HKD 3.870 4,489.54 0.00 Longfor Properties Co Ltd 63,800 HKD 10.000 82,237.31 0.01 SOHO China Ltd 385,500 HKD 5.390 267,831.33 0.04
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Zhen Ding Technology Holding Ltd 151,000 TWD 84.800 403,624.81 0.05 Total Cayman Islands 758,182.99 0.10
China
Agricultural Bank of China Ltd H 13,153,000 HKD 3.890 6,595,119.36 0.84 Bank of China Ltd H 15,925,000 HKD 4.290 8,806,127.55 1.12 Bank of Communications Co Ltd H 313,580 HKD 7.090 286,577.99 0.04 China Construction Bank Corp H 222,000 HKD 6.280 179,705.29 0.02 China Merchants Bank Co Ltd H 32,800 HKD 19.140 80,921.52 0.01 China Shenhua Energy Co Ltd H 44,700 HKD 22.750 131,080.22 0.02 Chongqing Rural Commercial Bank Co Ltd H 2,276,000 HKD 4.700 1,378,854.22 0.17 Industrial & Commercial Bank of China Ltd H 4,237,000 HKD 5.560 3,036,557.39 0.39 Zhejiang Expressway Co Ltd H 594,000 HKD 9.210 705,170.79 0.09 Total China 21,200,114.33 2.70 Colombia Bancolombia SA 5,504 COP 27,499.999 63,257.75 0.01 Ecopetrol SA 478,168 COP 2,065.001 412,670.26 0.05 Total Colombia 475,928.01 0.06 Czech Republic CEZ AS 77,000 CZK 591.300 1,997,938.60 0.26 O2 Czech Republic AS 2,623 CZK 233.000 26,818.70 0.00 Total Czech Republic 2,024,757.30 0.26
Egypt
Commercial International Bank Egypt SAE 97,678 EGP 49.770 679,917.18 0.09 Telecom Egypt Co 52,321 EGP 12.050 88,176.87 0.01
Total Egypt 768,094.05 0.10
Finland
Orion OYJ B 59,157 EUR 25.980 1,870,808.61 0.24
Total Finland 1,870,808.61 0.24
France
Cap Gemini SA 11,270 EUR 60.000 823,112.58 0.10 Eurazeo SA 13,133 EUR 57.650 921,610.32 0.12 Eutelsat Communications SA 11,191 EUR 26.895 366,373.90 0.05 Fonciere Des Regions 9,578 EUR 76.700 894,240.36 0.11 Vinci SA 17,991 EUR 45.740 1,001,695.07 0.13
Total France 4,007,032.23 0.51
Germany
Bayerische Motoren Werke AG 7,531 EUR 89.770 822,939.57 0.11 Bayerische Motoren Werke AG (Pref) 6,755 EUR 67.840 557,821.52 0.07 Hannover Rueck SE 10,651 EUR 74.970 971,990.38 0.12 K+S AG 1,220 EUR 22.915 34,030.14 0.00 Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 2,960 EUR 165.750 597,213.09 0.08
Total Germany 2,983,994.70 0.38
Hong Kong
Hang Seng Bank Ltd 72,238 HKD 129.000 1,201,167.75 0.15 Hopewell Holdings Ltd 180,000 HKD 27.950 648,488.91 0.08 Link REIT/The 1,401,500 HKD 48.450 8,752,560.51 1.12 New World Development Co Ltd 59,334 HKD 8.850 67,685.42 0.01 Shougang Fushan Resources Group Ltd 378,000 HKD 1.700 82,830.25 0.01 Wharf Holdings Ltd/The 11,000 HKD 56.200 79,685.12 0.01
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Yuexiu Property Co Ltd 440,000 HKD 1.470 83,371.62 0.01
Total Hong Kong 10,915,789.58 1.39
Indonesia
Bank Rakyat Indonesia Persero Tbk PT 650,300 IDR 11,649.999 608,684.76 0.08
Total Indonesia 608,684.76 0.08 Ireland Accenture Plc A 88,600 USD 90.350 8,005,010.00 1.02 Perrigo Co Plc 2 USD 166.850 333.70 0.00 Total Ireland 8,005,343.70 1.02 Israel
Bezeq The Israeli Telecommunication Corp Ltd 2,928,341 ILS 6.854 5,155,242.89 0.66
Total Israel 5,155,242.89 0.66
Italy
Terna Rete Elettrica Nazionale SpA 172,791 EUR 3.786 796,316.66 0.10
Total Italy 796,316.66 0.10
Japan
Aozora Bank Ltd 200 JPY 374.000 627.94 0.00 Central Japan Railway Co 39,500 JPY 18,140.000 6,015,195.48 0.77 Daito Trust Construction Co Ltd 1,900 JPY 13,700.000 218,519.17 0.03 Japan Airlines Co Ltd 285,200 JPY 3,600.000 8,619,208.55 1.10 Kobe Steel Ltd 361,000 JPY 209.000 633,386.58 0.08 Lawson Inc 38,100 JPY 7,290.000 2,331,674.22 0.30 Miraca Holdings Inc 3,900 JPY 5,210.000 170,575.91 0.02 Otsuka Holdings Co Ltd 118,200 JPY 3,617.000 3,589,065.23 0.46 Resona Holdings Inc 1,430,000 JPY 611.900 7,345,677.50 0.93 Showa Shell Sekiyu KK 231,600 JPY 1,191.000 2,315,611.42 0.29 Sumitomo Rubber Industries Ltd 150,800 JPY 1,800.000 2,278,710.81 0.29 Toyota Motor Corp 120,000 JPY 7,558.000 7,613,835.69 0.97 West Japan Railway Co 29,500 JPY 5,712.000 1,414,573.71 0.18
Total Japan 42,546,662.21 5.42
Malaysia
DiGi.Com Bhd 235,400 MYR 6.240 419,861.94 0.05 Malayan Banking Bhd 264,200 MYR 9.160 691,741.36 0.09 Telekom Malaysia Bhd 346,000 MYR 6.910 683,391.55 0.09 Tenaga Nasional Bhd 136,100 MYR 13.960 543,073.99 0.07
Total Malaysia 2,338,068.84 0.30
Netherlands
Boskalis Westminster NV 13,062 EUR 45.175 718,276.92 0.09 LyondellBasell Industries NV A 80,000 USD 80.520 6,441,600.00 0.82
Total Netherlands 7,159,876.92 0.91
Norway
Yara International ASA 19,376 NOK 333.800 870,234.08 0.11
Total Norway 870,234.08 0.11
Philippines
Philippine Long Distance Telephone Co 30 PHP 2,906.000 1,948.92 0.00
Total Philippines 1,948.92 0.00
Poland
Energa SA 401,078 PLN 23.190 2,635,308.41 0.34 KGHM Polska Miedz SA 29,819 PLN 108.200 914,159.96 0.12
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
PGE Polska Grupa Energetyczna SA 36,517 PLN 18.970 196,274.68 0.02
Total Poland 3,745,743.05 0.48
Russia
Lukoil OAO ADR 127,578 USD 39.700 5,064,846.60 0.64 Mobile TeleSystems OJSC ADR 62,300 USD 7.550 470,365.00 0.06 Surgutneftegas OAO 1,900,000 RUB 23.660 803,021.93 0.10 Surgutneftegas OAO (Pref) 1,900,000 RUB 29.490 1,000,892.51 0.13
Total Russia 7,339,126.04 0.93
Singapore
Keppel Land Ltd 69,000 SGD 3.400 177,454.36 0.02 Keppel REIT Management Ltd 5,600 SGD 1.215 5,146.63 0.00 Oversea-Chinese Banking Corp Ltd 617,000 SGD 10.500 4,900,417.98 0.63 StarHub Ltd 29,100 SGD 4.150 91,348.15 0.01 United Overseas Bank Ltd 5,800 SGD 24.530 107,617.82 0.01 Yangzijiang Shipbuilding Holdings Ltd 4,687,000 SGD 1.200 4,254,366.12 0.54
Total Singapore 9,536,351.06 1.21
South Africa
FirstRand Ltd 304,817 ZAR 50.250 1,322,371.09 0.17 Kumba Iron Ore Ltd 42,807 ZAR 237.730 878,571.03 0.11 Liberty Holdings Ltd 9,025 ZAR 122.800 95,680.55 0.01 Netcare Ltd 400,781 ZAR 37.810 1,308,253.48 0.17 Redefine Properties Ltd 1,590,619 ZAR 10.870 1,492,704.37 0.19 Sasol Ltd 52,606 ZAR 437.800 1,988,333.06 0.25 Sibanye Gold Ltd 28,253 ZAR 21.760 53,076.41 0.01 Total South Africa 7,138,989.99 0.91
Spain
Red Electrica Corp SA 59,294 EUR 74.270 5,360,536.35 0.68
Total Spain 5,360,536.35 0.68
Switzerland
ACE Ltd 79,800 USD 115.670 9,230,466.00 1.17 Chocoladefabriken Lindt & Sprungli AG (Part Cert) 10 CHF 4,931.998 49,924.97 0.01 Pargesa Holding SA 605 CHF 77.300 47,340.14 0.01 Swiss Prime Site AG 2,074 CHF 73.150 153,574.04 0.02 Swiss Re AG 20,245 CHF 83.950 1,720,414.90 0.22 Swisscom AG 4,337 CHF 523.500 2,298,268.80 0.29 Zurich Financial Services AG 6,455 CHF 312.100 2,039,316.95 0.26 Total Switzerland 15,539,305.80 1.98
Taiwan
Asustek Computer Inc 282,000 TWD 343.000 3,048,935.84 0.39 Catcher Technology Co Ltd 114,000 TWD 247.000 887,578.68 0.11 Chicony Electronics Co Ltd 161,000 TWD 88.400 448,624.72 0.06 China Petrochemical Development Corp 286 TWD 11.150 100.52 0.00 Far EasTone Telecommunications Co Ltd 400 TWD 71.400 900.25 0.00 Hon Hai Precision Industry Co Ltd 2,469,720 TWD 87.800 6,835,138.07 0.87 Pegatron Corp 1,034,000 TWD 73.300 2,389,073.83 0.30 Realtek Semiconductor Corp 50,090 TWD 105.500 166,574.51 0.02 Ruentex Industries Ltd 617,000 TWD 66.400 1,291,392.62 0.16 Taishin Financial Holding Co Ltd 475,000 TWD 13.050 195,393.08 0.03 Taiwan Mobile Co Ltd 1 TWD 103.000 3.25 0.00 Transcend Information Inc 301,000 TWD 98.400 933,612.49 0.12
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Thailand
Advanced Info Service PCL 107,800 THB 251.000 822,425.37 0.10 PTT Exploration & Production PCL 91,100 THB 112.000 310,127.60 0.04 PTT Global Chemical PCL 698,800 THB 51.250 1,088,556.02 0.14 PTT PCL 77,900 THB 324.000 767,160.94 0.10
Total Thailand 2,988,269.93 0.38
Turkey
Koza Altin Isletmeleri AS 52,817 TRY 15.550 352,831.65 0.04
Total Turkey 352,831.65 0.04 United Kingdom BT Group Plc 930,052 GBP 4.023 5,820,431.72 0.74 Ensco Plc A 101,900 USD 30.270 3,084,513.00 0.39 ITV Plc 236,817 GBP 2.152 792,780.71 0.10 National Grid Plc 154,226 GBP 9.150 2,195,212.79 0.28 Next Plc 23,644 GBP 66.950 2,462,461.60 0.31 Royal Dutch Shell Plc A 5,959 GBP 21.590 200,135.42 0.03 Severn Trent Plc 9,071 GBP 19.950 281,511.41 0.04 Unilever Plc 162,399 GBP 26.268 6,636,130.32 0.84 United Utilities Group Plc 123,266 GBP 9.040 1,733,443.41 0.22 Total United Kingdom 23,206,620.38 2.95
United States of America
AbbVie Inc 10 USD 66.910 669.10 0.00 Altria Group Inc 197,605 USD 50.170 9,913,842.85 1.26 Ameren Corp 35 USD 47.330 1,656.55 0.00 American Capital Agency Corp 21,600 USD 22.150 478,440.00 0.06 Annaly Capital Management Inc 766,700 USD 11.020 8,449,034.00 1.08 Anthem Inc 30,400 USD 127.410 3,873,264.00 0.49 AT&T Inc 283,400 USD 34.110 9,666,774.00 1.23 Bristol-Myers Squibb Co 38 USD 59.350 2,255.30 0.00 Cisco Systems Inc 166,900 USD 28.435 4,745,801.50 0.60 Computer Sciences Corp 27,200 USD 64.890 1,765,008.00 0.23 ConocoPhillips 111,290 USD 69.960 7,785,848.40 0.99 Delta Air Lines Inc 32,500 USD 48.870 1,588,275.00 0.20 Discover Financial Services 98,800 USD 66.080 6,528,704.00 0.83 Dow Chemical Co/The 84,200 USD 45.970 3,870,674.00 0.49 Dr Pepper Snapple Group Inc 125,400 USD 72.850 9,135,390.00 1.16 Edison International 135,400 USD 67.655 9,160,487.00 1.17 Eli Lilly & Co 135,035 USD 69.590 9,397,085.65 1.20 Exelon Corp 25,900 USD 38.540 998,186.00 0.13 Express Scripts Holding Co 1 USD 85.810 85.81 0.00 Halyard Health Inc 9,394 USD 43.590 409,484.46 0.05 Harris Corp 125,700 USD 72.960 9,171,072.00 1.17 Home Depot Inc/The 11,700 USD 104.660 1,224,522.00 0.16 International Business Machines Corp 10,824 USD 160.540 1,737,684.96 0.22 International Paper Co 40 USD 54.290 2,171.60 0.00 Johnson & Johnson 42,000 USD 105.250 4,420,500.00 0.56 Kimberly-Clark Corp 75,152 USD 117.740 8,848,396.48 1.13 Kraft Foods Group Inc 6,100 USD 63.800 389,180.00 0.05 Kroger Co/The 118,416 USD 64.650 7,655,594.40 0.97 Microsoft Corp 67,100 USD 47.470 3,185,237.00 0.41 Navient Corp 301,700 USD 21.980 6,631,366.00 0.84 Northeast Utilities 1 USD 55.380 55.38 0.00 Patterson Cos Inc 16,800 USD 48.560 815,808.00 0.10 Paychex Inc 7,100 USD 46.990 333,629.00 0.04 PepsiCo Inc 31,100 USD 96.420 2,998,662.00 0.38 Pfizer Inc 45 USD 31.360 1,411.20 0.00 Philip Morris International Inc 4 USD 83.030 332.12 0.00
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Phillips 66 45 USD 72.750 3,273.75 0.00 Public Service Enterprise Group Inc 215,696 USD 43.100 9,296,497.60 1.18 Raytheon Co 69,057 USD 109.380 7,553,454.66 0.96 Reynolds American Inc 139,888 USD 65.490 9,161,265.12 1.17 SCANA Corp 27,400 USD 62.230 1,705,102.00 0.22 Symantec Corp 26 USD 26.020 676.52 0.00 Travelers Cos Inc/The 87,500 USD 106.450 9,314,375.00 1.19 US Bancorp/MN 13 USD 45.600 592.80 0.00 Verizon Communications Inc 200,200 USD 47.390 9,487,478.00 1.21 Western Union Co/The 506,900 USD 18.000 9,124,200.00 1.16 Wisconsin Energy Corp 64,445 USD 54.530 3,514,185.85 0.45 Zimmer Holdings Inc 7 USD 113.840 796.88 0.00 Total United States of America 194,348,485.94 24.74 Total Shares USD 448,396,025.38 57.09 Investment Funds
Asset Allocation Funds Finland
SEB Foretagsobligationsfond Flexibel IC 52,687,800 SEK 14.545 98,887,485.36 12.59
Total Finland 98,887,485.36 12.59
Luxembourg
SEB SICAV 3 - SEB Asset Selection Opportunistic I 1,345,500 SEK 139.531 24,225,771.26 3.08
Total Luxembourg 24,225,771.26 3.08
Total Asset Allocation Funds 123,113,256.62 15.67 Commodity Funds
Luxembourg
SEB Prime Solutions - SEB Commodity Index Fund 94,697 SEK 869.680 10,627,238.54 1.35 Vontobel Fund - Belvista Commodity Fund 41,400 SEK 699.530 3,737,061.11 0.48
Total Luxembourg 14,364,299.65 1.83
Total Commodity Funds 14,364,299.65 1.83 Debt Fund
Luxembourg
SEB High Yield - C 2,417,100 SEK 170.230 53,094,954.12 6.76
Total Luxembourg 53,094,954.12 6.76
Total Debt Fund 53,094,954.12 6.76
Investment Fund Luxembourg
SEB SICAV 2 - SEB Credit Multi Strategy HNWC 3,811,800 SEK 105.997 52,136,991.23 6.64
Total Luxembourg 52,136,991.23 6.64
Total Investment Fund 52,136,991.23 6.64 Total Investment Funds USD 242,709,501.62 30.90 Total Transferable securities admitted to an official stock exchange listing and/or
dealt with in on another regulated market USD 752,006,656.30 95.74 Total Portfolio USD 752,006,656.30 95.74
Heading
Heading
SEB Fund 3 - SEB Pension Fund
Security description Maturity Total holdings Currency Unit Market % of price* value in Net
USD Assets
Financial futures open with Skandinaviska Enskilda Banken AB (publ) Commitment in USD Purchased financial futures contracts
CME Standard And Poors 500 E-Mini Future 20/03/15 195 USD 20,275,125.00 664,105.00 0.08 Eurex Dow Jones Euro Stoxx 50 Future 20/03/15 231 EUR 8,843,347.72 371,853.66 0.05 Eurex Euro Bund Future 06/03/15 4 EUR 759,133.29 13,341.19 0.00 OM 5 Year Bond Future 6% Coupon 12/03/15 11 SEK 1,810,110.25 2,857.10 0.00 Total financial futures contracts (total unrealised) 1,052,156.95 0.13 An amount of USD 1,648,215.09 is held as cash collateral for these positions.
Cash at bank and at broker
Cash at bank and at broker 31,343,125.14 3.99 Total Cash at bank and at broker 31,343,125.14 3.99 Other assets
Dividends receivable 1,131,550.82 0.15
Interest receivable on bonds 656,731.36 0.08 Bank interest receivable on cash accounts 4,846.74 0.00 Receivable on subscriptions 21,782.55 0.00 Retrocession fees receivable 198,122.67 0.03
Total other assets 2,013,034.14 0.26
Other liabilities
Management fees (854,314.81) (0.11)
Payable on redemptions (48,403.67) (0.01)
Other liabilities (21,147.51) (0.00)
Total other liabilities (923,865.99) (0.12) Total Net Assets as at 31 December 2014 USD 785,491,106.54 100.00 * Bond prices expressed in %.
A list of changes in the assets held during the financial year under review is available free of charge from SEB Asset Management S.A.. The accompanying notes are an integral part of these financial statements.