In 2025, SEI celebrates its 30th year offering a multi-manager solution to investors. The benefits of SEI’s global, open architecture investment approach, transcends regions, underlying asset class exposures, and investment cycles, delivering a consistent and distinct set of advantages.

SEI’s edge: Five advantages of our multi-manager portfolios

1. Open architecture allows for industry leading managers across a complete portfolio
   
   No single asset manager is a top performer across all of their strategies, and many concede this point. SEI’s open-architecture approach allows our skilled and well-resourced global investment team the ability to handpick the best available strategies, based on our research, for each allocation across an investor’s entire portfolio. Our team is not beholden to a pre-determined set of asset managers.
   Why limit yourself to the good, the bad, and the ugly of one asset manager?
    

2. Unearthing unique manager opportunities
   
   Since 2004 we have seeded more than 20 new strategies, providing our clients with access to unique investment managers, while harnessing the first mover advantage - investment managers who are eager to outperform, with a nimble asset base and attractive fees.
   Exhibit 1 below shows equity, fixed income, and alternatives strategies we have launched with our sub-advisors. Our skill is not limited to just identifying interesting investment ideas, these managers also deliver—demonstrating a 95% hit rate since their inception.

   

   
   Unlike many other professional investors, SEI does not require an arbitrary three- or five-year track record to select a manager. Instead, we rely on our independent research that combines both qualitative and quantitative analysis to drive our conviction levels.
   Our dedication to applying our disciplined, time-tested approach to building an extensive and dynamic roster of managers means SEI can offer a wide selection from which to find a solution that fits each investor’s specific needs.

3. Flexible but defined investment mandates that align with manager skill
   
   SEI provides each investment manager that we work with a customized set of investment guidelines that is structured to ensure that the manager retains flexibility to excel in its area of expertise while also establishing guardrails to limit excessive risk and restrict trades outside of the manager’s core competency.
   Whereas investment guidelines that asset managers establish for their own mutual funds are typically broad, SEI’s customized guidelines are constructed in consideration of a manager’s individual strengths and weaknesses. We believe that asset managers that make investment decisions without the guidance of an unbiased third party are more likely to take unfavorable risks outside their areas of expertise.
   As gatekeeper of the portfolios we manage, one of our key responsibilities is to create a more stable experience. To that end, we believe that thoughtfully constructed investment guidelines by an intermediary like SEI can help optimize clients’ investment experiences.
    

4. Forward-thinking portfolio construction
   
   As a multi-manager, SEI is able to objectively assess the portfolio construction process applied by money managers and we can adjust for any limitations in any manager’s portfolio construction capabilities. Taking this vital step aids in optimizing risk-adjusted return.
   
   Examples of forward-thinking portfolio construction options include:
    

   • Blend managers with distinct alpha sources to outperform a market capitalization benchmark,
   • Combine managers with low and high risk profiles and complementary drivers of excess returns
   • Allocate to potentially return-enhancing sub-asset classes; for example, adding a momentum sleeve to our Canadian Equity Fund (detailed on the following page).
      
   

   A thoughtful approach to portfolio construction can potentially smooth a portfolio’s return profile, mitigate downside risk, and enhance the level of outperformance.

5. Harness the power of diversification
   
   The late Nobel Prize-winning economist Harry Markowitz said, “Diversification is the only free lunch” in investing. We couldn’t agree more.
   Just as diversification across asset classes helps to mitigate risk and volatility across a full market cycle, so, too, does diversification across investment managers. SEI’s multi-manager portfolios serve this type of diversification by blending industry leading managers that offer style differentiation and complimentary investment approaches.
   We believe that combining managers with negative or low correlations can reduce total portfolio risk, as illustrated in Exhibit 3 on the following page. While the diversification benefits eventually start to diminish with the inclusion of additional managers, the risk-reduction benefits can be sizable relative to a single manager allocation.
    

   

   SEI positions our multi-managed portfolios with the goal of delivering both competitive excess returns and attractive risk-adjusted returns relative to peers. We seek to create stability with little additional cost. This philosophy results in diversified portfolios—an approach that doesn’t change based on temporary performance or popularity of a given manager or asset class. Our risk management mindset is critical to the long-term stability of our portfolios, performance, and that of each investor.

Strength in numbers

Our manager-of-managers solution builds portfolios designed to outperform over the long term. By combining managers with complementary investment styles, we seek to maximize risk-adjusted returns, regardless of what style is in favor at a given moment.









Important information

SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company, is the investment fund manager and portfolio manager of the SEI Funds in Canada.

The information contained herein is for general and educational information purposes only and is not intended to constitute legal, tax, accounting, securities, research or investment advice regarding the Funds or any security in particular, nor an opinion regarding the appropriateness of any investment. Statements that are not factual in nature, including opinions, projections and estimates, assume certain economic conditions and industry developments and constitute only current opinions that are subject to change without notice. Nothing herein is intended to be a forecast of future events, or a guarantee of future results.

For those SEI Funds which employ the ‘manager of managers’ structure, SEI Investments Canada Company has ultimate responsibility for the investment performance of the Funds due to its responsibility to oversee the sub-advisers and recommend their hiring, termination and replacement.

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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholders that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.