TORONTO, December 10, 2021 / CNW / – SEI Investments Canada Company (SEI Canada), a wholly owned subsidiary of SEI Investments Company (SEI^® – NASDAQ: CEIU), today announced management fee reductions for Class FC units of its effective asset allocation funds January 1, 2022.

No action is required on the part of unitholders to benefit from the reduced management fees. Details of the management fee reductions are detailed in the table below. Class FC units are currently available to investors who have fee-based accounts with qualified brokers, representing a select group of SEI Canada strategic distribution partners, who have entered into a distribution agreement with SEI Canada.

“We are passionate about working with our strategic partners and their advisors to build a courageous future^SM for Canadian investors. As the investment industry continually evolves, we continue to seek ways to improve our offering to meet the demand for profitable and actively managed portfolio solutions, ”said Andy mitchell, Managing Director of SEI Canada.

The changes will be effective January 1, 2022. No changes will be made to the investment objectives or strategies of these funds.

Further information on each of the aforementioned Asset Allocation Funds and Class FC units can be found in the applicable final simplified prospectus, as amended.

About SEI^®
SEI (NASDAQ: SEIC) provides technology and investing solutions that connect the financial services industry. With investment processing, operations and asset management capabilities, SEI works with businesses, financial institutions and professionals, as well as high-net-worth families to solve problems, manage change and help protect assets, for current and future growth. From September 30, 2021, SEI manages, advises or administers approximately $ 1.3 trillion in assets. For more information, visit seic.com.

About SEI Canada
SEI founded its Canadian company in 1983, developing innovative asset management techniques for institutional investors. Today, SEI offers integrated investment management and strategic advisory solutions to help institutional investors achieve their organizational goals and fulfill their fiduciary responsibilities. Capitalizing on its investment expertise, SEI began offering investment solutions to retail investors through Investment Advisors in 1994. The investment approach offers globally diversified multi-manager strategies with a preference for country of origin for Canadian retail investors. SEI’s goal-oriented strategies, strategic asset allocation strategies and asset class funds are available through select broker relationships. For more information, visit seic.com/en-CA.

Company + media contact:

Netanel Spero
UTE
+1 610-676-4556
[email protected]

SOURCE SEI Investment company