SEI's International Equity Fund Adds Subadvisor to its
Line-up
TORONTO, June 28, 2019 /CNW/ -- SEI Investments Canada
Company (SEI Canada), a wholly-owned subsidiary of SEI Investments
Company (NASDAQ: SEIC), today announced changes to the risk ratings
of several SEI Canada funds, as well as Lazard Asset Management
LLC's addition as a subadvisor to the International Equity Fund
(formerly known as the EAFE Equity Fund), effective June 28, 2019.
After conducting its regular annual review, SEI Canada has
decreased the risk ratings for specific classes of several funds,
which are listed below and will be disclosed in the Fund Facts and
Funds' Simplified Prospectus dated June 28,
2019.
Fund
name
|
Classes
|
Previous
Risk
Rating
|
New
Risk
Rating
|
All Equity
Fund
|
All
classes
|
Medium
|
Low to
medium
|
Balanced
60/40
|
All
classes
|
Low to
medium
|
Low
|
Balanced
Fund
|
All
classes
|
Low to
medium
|
Low
|
Balanced Monthly
Income Fund
|
All
classes
|
Low to
medium
|
Low
|
Canadian Equity
Fund
|
All
classes
|
Medium
|
Low to
medium
|
Canadian Small
Company Equity Fund
|
All
classes
|
Medium to
high
|
Medium
|
Global Managed
Volatility Fund
|
All
classes
|
Medium
|
Low to
medium
|
Growth 100
Fund
|
All
classes
|
Medium
|
Low to
medium
|
International Equity
Fund
|
All
classes
|
Medium
|
Low to
medium
|
US Large Cap Index
Fund
|
E, F, I, O, R
only
|
Medium
|
Low to
medium
|
US Large Company
Equity Fund
|
E, F, I, O, R
only
|
Medium
|
Low to
medium
|
US Small Company
Equity Fund
|
F(H), I(H), O(H),
R(H) only
|
Medium to
high
|
Medium
|
No changes were made to the investment objectives or strategies
of any of these funds. More information on the risk rating
methodology, as well as the investment objectives and strategies of
each fund, can be found in the prospectus referenced above.
About SEI Canada
SEI founded its Canadian business in
1983, pioneering innovative asset management techniques for
institutional investors. Today, SEI offers integrated investment
management and strategic advice solutions to help institutional
investors achieve their organizational goals and fulfill fiduciary
responsibilities. Capitalizing on its investment expertise, SEI
began offering investment solutions to retail investors through
investment advisors in 1994. The investment approach provides
multi-manager, globally diversified strategies with an appropriate
home-country bias for Canadian retail investors. SEI's goals-based
strategies, strategic asset allocation strategies and asset class
funds are available through select dealer relationships. For more
information, visit seic.com/en-CA.
About SEI
After 50 years in business, SEI
(NASDAQ:SEIC) remains a leading global provider of investment
processing, investment management, and investment operations
solutions that help corporations, financial institutions, financial
advisors, and ultra-high-net-worth families create and manage
wealth. As of March 31, 2019, through
its subsidiaries and partnerships in which the company has a
significant interest, SEI manages, advises or administers
$945 billion in hedge, private
equity, mutual fund and pooled or separately managed assets,
including $332 billion in assets
under management and $609 billion in
client assets under administration. For more information, visit
seic.com.
Company/Media Contact:
Leslie Wojcik
SEI
+1 610-676-4191
lwojcik@seic.com
SOURCE SEI