Effective January 22, 2021, we removed NWQ Investment Management’s (NWQ) International Value strategy from the SEI Canada’s International Equity Fund (the Fund).

Rationale
We made this change in an effort to consolidate assets among the highest-conviction value managers within the Fund.

The Fund retains value exposure through its allocations to Causeway Capital Management and Lazard Asset Management.

The assets in NWQ’s strategy were transferred to the newly-added Macquarie International Value Equity strategy. Despite the value label, Macquarie has a defensive, stability-oriented approach that we expect will be a useful strategic dampener and means of lowering the Fund’s risk profile in times of stress, without compromising on valuation.
















SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company, is the 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. This information should not be construed as a recommendation to purchase or sell a security, derivative or futures contract. You should not act or rely on the information contained herein without obtaining specific legal, tax, accounting and investment advice from an investment professional.

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. The percentage weightings of the Underlying Funds may be changed from time to time at the Manager’s discretion. The portfolio managers or the allocations of assets to a particular portfolio manager are subject to change from time to time at the Manager’s discretion.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or other offering documents before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.