Oh Canada! SEI Launches Canadian Focused Portfolios

30 November 2009

 

TORONTO, Nov. 30, 2009 - SEI (NASDAQ:SEIC) today announced the launch of two new SEI Portfolios which will invest primarily in Canadian stocks and bonds with limited foreign investment.

“The Canadian focused Portfolios offer investors the benefits of diversification within an economy that is poised for growth,” says Janesse McPhillips, Managing Director of SEI Private Banking. “Canada is forecasted by the International Monetary Fund (IMF) to have a higher growth rate than many other developed economies as the global recovery takes hold. SEI is demonstrating its commitment to Canadian Advisors and their clients by bringing them the investment solutions they need.”

The two new portfolios are called:

  • SEI Canadian Balanced Portfolio
    The Canadian Balanced Portfolio seeks to provide a balance between long-term growth of capital and current income. The Portfolio invests primarily in Canadian equity funds and Canadian fixed income funds. The Portfolio is designed for investors with a mid-term investment time horizon of at least 5 years who want to limit their foreign security exposure.
  • SEI Canadian Growth Portfolio
    The Canadian Focused Growth Portfolio seeks to provide long-term capital appreciation with a small level of current income. The Portfolio invests primarily in equity funds, with a focus on Canadian equity exposure, and Canadian fixed income funds. The Portfolio is designed for more aggressive investors with an intermediate time horizon of at least 5 to 10 years who want to limit their foreign security exposure.

SEI offers a variety of styles within SEI Portfolios. The Portfolios span a broad risk-return spectrum, allowing investors to participate in different levels of returns commensurate with different levels of risk. SEI selects and allocates to several asset classes in its Portfolios, aiming to build diversified investments that efficiently generate returns within a specific risk tolerance.

About SEI

SEI (NASDAQ: SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of September 30, 2009, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers US$383 billion in mutual fund and pooled assets and manages US$156 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit http://www.seic.com/enCA/index.htm.

Press Contacts

Dana Grosser SEI +1 610 676-2459