SEI Canada Will Add to Fee-Based Offering and Make Changes to a Selection of Funds
TORONTO , May 28, 2021 |CNW| -- SEI Investments Canada Company (SEI Canada), a wholly-owned subsidiary of SEI Investments Company (NASDAQ: SEIC ), today announced changes to a selection of funds. SEI Canada intends to launch a new class of units for Canadian Fixed Income Fund, Emerging Markets Equity Fund and International Equity Fund and make closures to a selection of fund classes. Details of these expected changes are disclosed in the preliminary and pro forma filing of the Simplified Prospectus dated May 27, 2021 . The launch of the three funds in Class FC will bring additional options to SEI Canada''s cost-efficient fee-based offering which, upon launch, will total seven Strategic Asset Allocation Funds and five Asset Class Funds. The Class FC offering is currently available to a select group of SEI''s strategic distribution partners. "At a time when regulators, dealers and investors are focused on transparency and value, we are excited to make our diversified, manager-of-managers solutions available through our dealer partners who truly emphasize a client-first approach", said Andy Mitchell , Managing Director of SEI Canada.
SEI Canada Will Add to Fee-Based Offering and Make Changes to a Selection of Funds
TORONTO , May 28, 2021 |CNW| -- SEI Investments Canada Company (SEI Canada), a wholly-owned subsidiary of SEI Investments Company (NASDAQ: SEIC ), today announced changes to a selection of funds. SEI Canada intends to launch a new class of units for Canadian Fixed Income Fund, Emerging Markets Equity Fund and International Equity Fund and make closures to a selection of fund classes. Details of these expected changes are disclosed in the preliminary and pro forma filing of the Simplified Prospectus dated May 27, 2021 . The launch of the three funds in Class FC will bring additional options to SEI Canada''s cost-efficient fee-based offering which, upon launch, will total seven Strategic Asset Allocation Funds and five Asset Class Funds. The Class FC offering is currently available to a select group of SEI''s strategic distribution partners. "At a time when regulators, dealers and investors are focused on transparency and value, we are excited to make our diversified, manager-of-managers solutions available through our dealer partners who truly emphasize a client-first approach", said Andy Mitchell , Managing Director of SEI Canada.