finanzen.net
01.07.2020 00:28

SEI Canada Makes Changes in Risk Ratings, Launches New Classes and Renames Select Funds

Folgen
Werbung

TORONTO, June 30, 2020 /CNW/ -- SEI Investments Canada Company (SEI Canada), a wholly-owned subsidiary of SEI Investments Company (NASDAQ:SEIC), today announced changes to the risk ratings of certain SEI Canada funds, as well as changes to a selection of funds. 

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 June 29, 2020.

Fund name

Classes

Previous Risk Rating

New Risk Rating

Balanced 60/40 Fund

All classes

Low

Low to medium

Balanced Monthly Income Fund

All classes

Low

Low to medium

Canadian Equity Fund

All classes

Low to medium

Medium

International Equity Fund

All classes

Low to medium

Medium

U.S. Large Company Equity Fund

E,F,I,O,R only

Low to medium

Medium

U.S. Small Company Equity Fund

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 U.S. High Yield Bond Fund and renamed three funds. Details of these changes are disclosed in the Simplified Prospectus dated June 29, 2020. No changes were made to any of these funds' investment objectives or strategies.

Fund Classes launched:

  • U.S. High Yield Bond Fund, Class FC Units
  • U.S. High Yield Bond Fund, Class FC(H) Units

Asset Allocation Funds renamed:

  • Balanced Fund renamed Neutral Balanced Fund
  • Growth Fund renamed Balanced Growth Fund
  • Moderate Fund renamed Income 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 March 31, 2020, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $920 billion* in hedge, private equity, mutual fund and pooled or separately managed assets, including $283 billion* in assets under management and $632 billion* in client assets under administration. For more information, visit seic.com.

*Figures are in US dollars.

Company/Media Contact: 
Leslie Wojcik 
SEI  
+1 610-676-4191
lwojcik@seic.com                                    

SOURCE SEI

Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX tiefer -- Wall Street leichter erwartet -- Deutsche Bank: Positive Trends haben im zweiten Quartal angehalten -- Palantir kündigt IPO an -- Tesla, HeidelbergCement, Talanx, Wirecard im Fokus

Lufthansa beschließt weitere Einsparungen in Corona-Krise. BASF kauft Softwareunternehmen Cloudfarms. ElringKlinger stimmt Aktionäre auf Einbußen ein. Anleger hoffen bei Commerzbank auf Neuanfang. BaFin prüft möglichen Insiderhandel mit OSRAM-Aktien. Passagierzahlen am Frankfurter Flughafen erholen sich weiter. Eni schreibt wegen Corona Milliarden ab. Shop Apotheke-Aktie und Co.: Erste Gewinnmitnahmen bei Online-Apotheken nach Rekordhochs.

Umfrage

Deutschland debattiert über ein Ende der coronabedingten Maskenpflicht im Handel. Wie ist Ihre Meinung dazu?

Online Brokerage über finanzen.net

finanzen.net Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von finanzen.net!

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Wirecard AG747206
NEL ASAA0B733
TeslaA1CX3T
Ballard Power Inc.A0RENB
Deutsche Bank AG514000
BioNTech SE (spons. ADRs)A2PSR2
Lufthansa AG823212
CommerzbankCBK100
Daimler AG710000
BayerBAY001
Plug Power Inc.A1JA81
Amazon906866
Deutsche Telekom AG555750
BASFBASF11
Infineon AG623100