After conducting its regular annual review, SEI Canada has changed the risk ratings for specific classes of several funds listed below, which are disclosed in the Fund Facts and Funds' Simplified Prospectus dated
Fund name | Classes | Previous Risk Rating | New Risk Rating |
Balanced 60/40 Fund | All classes | Low | Low to medium |
All classes | Low | Low to medium | |
All classes | Low to medium | Medium | |
All classes | Low to medium | Medium | |
E,F,I,O,R only | Low to medium | Medium | |
F(H), I(H), R(H) only | Medium | Medium to high |
No changes were made to the investment objectives or strategies of these funds. Additional information regarding the risk rating methodology, as well as the investment objectives and strategies of each fund, can be found in the prospectus referenced above.
SEI Canada also launched two new classes of units for its
Fund Classes launched:
U.S. High Yield Bond Fund , Class FC UnitsU.S. High Yield Bond Fund , Class FC(H) Units
Asset Allocation Funds renamed:
Balanced Fund renamedNeutral Balanced Fund Growth Fund renamedBalanced Growth Fund Moderate Fund renamedIncome Balanced Fund
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
*Figures are in US dollars.
Company/Media Contact:
Leslie Wojcik
SEI
+1 610-676-4191
lwojcik@seic.com
SOURCE SEI
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