High Yield Bond Fund Recognized for Long-term
Performance
TORONTO, Dec. 17, 2020 /CNW/ -- SEI Investments
Canada Company (SEI Canada) today announced that the SEI U.S. High
Yield Bond Class F Fund was awarded a 2020 Canada Lipper Fund Award
from Refinitiv as the "Best Fund Over 10 Years in the High Yield
Fixed Income" category. Presented annually, the awards highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers.
"This award recognizes the investment expertise and synchronized
efforts of our teams throughout North
America," said Andy Mitchell,
Managing Director of SEI Canada. "Our clients and their long-term
financial goals are at the heart of all we do, and we are
particularly proud to have been acknowledged for consistently
delivering a high-quality product to complement their portfolios
and holdings."
The SEI U.S. High Yield Bond Class F Fund provides a high level
of total return by investing in high-yield fixed income securities
issued primarily by United States
corporations.
Performance for the unhedged version of Class F units of the
SEI U.S. High Yield Bond Fund for the period ended November, 30,
2020, is as follows: 3.5% (1 year), 4.8% (3 year), 5.9% (5 year),
and 8.4% (10 year). Performance shown is for Class F units, net of
the Fund's management fees payable to SEI. Performance does not
reflect any advisory fees that may be payable to the
dealer.
SEI Investments Canada Company, a wholly owned subsidiary of
SEI Investments Company, is the Manager of the SEI Funds in
Canada.
Commissions, trailing commissions, management fees and
expenses all may be associated with mutual fund investments. Please
read the prospectus before investing. The indicated rates of return
are the historical annual compounded total returns including
changes in security value and reinvestment of all distributions and
do not take into account sales, redemption, distribution or
optional charges or income taxes payable by any security holder
that would have reduced returns. Mutual funds are not guaranteed,
their values change frequently and past performance may not be
repeated.
About SEI
After 50 years in business, SEI
(NASDAQ:SEIC) remains a leading global provider of investment
processing, investment management, and investment operations
solutions designed to help corporations, financial institutions,
financial advisors, and ultra-high-net-worth families create and
manage wealth. As of Sept. 30, 2020,
through its subsidiaries and partnerships in which the company has
a significant interest, SEI manages, advises or administers
approximately $1 trillion in hedge,
private equity, mutual fund and pooled or separately managed
assets, including approximately $330
billion in assets under management and $755 billion in client assets under
administration. For more information, visit seic.com.
*Figures are in US dollars.
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 Refinitiv Lipper Fund Awards
For more than 30
years and in over 17 countries worldwide, the highly respected
Refinitiv Lipper Awards have honoured funds and fund management
firms that have excelled in providing consistently strong
risk-adjusted performance relative to their peers and focused the
investment world on top funds. The merit of the winners is based on
entirely objective, quantitative criteria. This, coupled with the
unmatched depth of fund data, results in a unique level of prestige
and ensures the award has lasting value. Renowned fund data and
proprietary methodology is the foundation of this
prestigious award qualification, recognizing excellence in fund
management. Find out more
at https://www.lipperfundawards.com/.
About the Lipper Awards Methodology
The Refinitiv
Lipper Fund Awards, granted annually, highlight funds and fund
companies that have excelled in delivering consistently strong
risk-adjusted performance relative to their peers. The
Refinitiv Lipper Fund Awards are based on the Lipper Leader for
Consistent Return rating, which is a risk-adjusted performance
measure calculated over 36, 60 and 120 months. The fund with the
highest Lipper Leader for Consistent Return (Effective Return)
value in each eligible classification wins the Refinitiv Lipper
Fund Award. Although Refinitiv Lipper makes reasonable efforts to
ensure the accuracy and reliability of the data contained herein,
the accuracy is not guaranteed by Refinitiv Lipper.For a detailed
explanation, please review the Lipper Leader methodology
document.
SEI U.S. High Yield Bond Fund (Class F-Unhedged) was named best
in the High Yield Fixed Income category for 10 years ending
July 31, 2020 out of a classification
total of 24 funds. Performance for the Fund for the period ended
July 31, 2020 was 4.0% (1 year), 5.4%
(3 years), 5.0% (5 years) and 8.7% (10 years).
Refinitiv Lipper Fund Awards, ©2020 Refinitiv. All rights
reserved. Used under license.
Company Contact:
Leslie
Wojcik
SEI
+1 610-676-4191
lwojcik@seic.com
SOURCE SEI Investments Company