ETFs Utilize Integrated Management Approach, Provide Allocations to All Core Equity Asset Classes
OAKS, Pa., Oct. 10, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the launch of three active exchange-traded funds (ETFs) to complement its existing suite of large cap strategies. The new equity-based ETFs now provide building block solutions for investor portfolios across all core equity asset classes.
SEI's Select ETF series utilizes an integrated management approach that combines SEI Investment Management Corporation's quantitative-based, active stock portfolios with active portfolios from high-conviction, third-party sub-advisors. The ETFs invest in asset class-specific equity securities through an optimized blend of fundamental sub-advisor portfolios with SEI's quantitative models, and each of the funds incorporate the factor families of value, momentum, quality, and low volatility.
The three new ETFs include:
- SEI Select Small Cap ETF (NASDAQ: SEIS)
- SEI Select International Equity ETF (NASDAQ: SEIE)
- SEI Select Emerging Markets Equity ETF (NASDAQ: SEEM)
Jim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, said:
"These ETFs are another set of tools in SEI's growing lineup to meet investors' diverse needs across asset classes and geographies. Through the powerful integration of our own internal capabilities with industry leading sub-advisors, we believe this hybrid investment approach can help investors improve outcomes, reduce volatility, and enhance diversification."
SEI continues to enhance its offering of ETFs and separately managed accounts (SMAs), offered through Managed Account Solutions, to anticipate and meet client demand and adoption. Today's newly-listed ETFs reflect the company's ongoing dialogue with advisors and commitment to providing financial professionals with greater optionality in the solutions they use to serve investors' needs.
Erich Holland, Executive Managing Director of Client Experience for SEI's Advisor business, added:
"We have intentionally harmonized our investment offering to focus on providing our clients with more control, transparency, and tax-efficiency. These new factor-based ETFs represent a continued evolution of delivering cutting-edge strategies that capitalize on market trends and provide greater flexibility in response to changing economic conditions.
"Not only do these new strategies help better align portfolios to a client's range of financial goals, but they also provide advisors the opportunity to personalize investment solutions at scale."
About SEI®
SEI (NASDAQ: SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2024, SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information, visit seic.com.
Important Information
Investing involves risk including the potential loss of principal. There is no guarantee the objectives of the funds will be met. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility. The Funds may trade securities actively, which could increase their transaction costs (thereby lowering their performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
To determine if the Funds are an appropriate investment for you, carefully consider the investment objectives, risk factors and charges, and expenses before investing. This and other information can be found in the Funds' full prospectus, which can be obtained by calling 1‐800‐DIAL‐SEI. Read the prospectus carefully before investing.
SEI Investments Management Corporation (SIMC) is the adviser to the SEI funds, which are distributed by SEI Investments Distribution Co (SIDCO). SIMC and SIDCO are wholly owned subsidiaries of SEI Investments Company (SEI).
For those portfolios of individually managed securities, SIMC makes recommendations as to which manager will manage each asset class. Upon SIMC's termination of a manager from the program, SIMC may recommend a replacement money manager and the investor has the option to move the account assets to another custodian or to change the manager.
Company Contact: |
Media Contact: |
Emily Baldwin |
Kerry Mullen |
SEI |
Vested |
+1 610-676-3262 |
+1 917-765-8720 |
SOURCE SEI Investments Company
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