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SEI Liquid Alternative Fund

This is a marketing communication. For Professional Investors only. Not suitable for Retail Clients. Please refer to the SGMF Fund Prospectus for this UCITS Fund and the KIID before making an investment decision. Currency fluctuations may cause returns to increase or decrease.

Launched in 2015, the SEI Liquid Alternative Fund is a daily dealing UCITS fund that was built to enhance the risk/return profile of SEI’s institutional and private client multi-asset portfolios. SEI selected Dynamic Beta investments (DBi) as the Fund’s sub-advisor. Since 2007, DBi’s singular mission has been to develop the most effective ways to deliver the diversification benefits of leading hedge funds with reasonable fees, daily liquidity, less downside risk and full transparency.

Our mission

We seek to extract diversified sources of alpha from hedge funds and deliver them in a low-cost daily liquid UCITS vehicle. The objective of the Fund is to achieve long-term capital appreciation by implementing a strategy that seeks to approximate the returns of a model portfolio of funds (the “Composite”) that employ alternative investment strategies, constructed by the Investment Adviser. The Fund is suitable for investors seeking long term capital growth and who are willing to accept a moderate level of volatility. The Fund will invest primarily in financial derivative investments. The Fund is actively managed and is not managed in reference to any benchmark index. An investment in the Fund should not be a substantial part of an investor's portfolio and may not be appropriate for all investors. 

Investment strategy

The strategy aims to replicate the pre-fee returns of a portfolio of leading hedge funds in the Equity Long/Short, Relative Value, Event Driven and Managed Futures categories using sophisticated, proprietary, multi-factor models. Key components of this strategic investment approach include:

  • A factor-based approach 
    Replication models are “factor-based” and seek to identify core drivers of pre-fee performance across equity, rates, and currencies.
  • No direct investment in hedge funds
    The Fund invests only in highly liquid futures for efficiency and to minimize trading costs and asset-liability mismatches.
  • A combination of multiple models
    Each model is geared to the specific characteristics (portfolio turnover speed, key market exposures, etc.) of the underlying hedge funds.

Key features

Key features of this Fund combine to produce an award-winning investment opportunity for advisers and, in turn, your clients. These include:

  • Seven-year track record
  • Multi-asset: Long- and short-term equities, currencies, credit, and rates
  • Multi-strategy: Equity Long/Short, Relative Value, Event-Driven, and Managed Futures
  • Seeks to replicate the pre-fee performance of 70 leading hedge funds
  • Captures some of the best thinking of the hedge fund industry
  • Predictable and consistent alpha generation through fee disintermediation

Historical performance

Since the Fund launch, performance has been consistent and positive. The chart below illustrates the growth and performance of the Fund, which launched in 2015.

Past performance does not predict future returns.

For more information on the Fund, contact a team member today.

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Important Information

You are visiting this website of your own accord and notwithstanding the notices above, SEI makes no representations or warranties in relation to the reliability, accuracy or completeness of the information including the availability of the Fund in your jurisdiction.

This website is not an offer to sell interests in the Fund and is not soliciting an offer to buy interests in the Fund in any jurisdiction where the offer or sale is not permitted.

This website is not to be interpreted as tax, investment, or legal advice and is not contractually binding. In the event of any inconsistencies between this website and the legal documents of the Fund, the descriptions and terms in the Fund’s legal documents shall prevail.

Estimates, trends, targets, forecasts, illustrations or opinions are based on SEI’s subjective opinions only at the date of publication and are subject to change. SEI makes no representation or warranty as to the accuracy of any information contained herein.

Past performance is not necessarily indicative of future results. There can be no assurance the Fund will achieve its objectives or avoid significant losses.

Please refer to the Fund documents including the Prospectus and Key Investor Information Document (KIID) for more information. The Prospectus and KIID are available from Fund documents | SEI ( in English.

If the management company decides to terminate its arrangement for marketing the Fund in any EEA country where it is registered for sale it will do so in accordance with the relevant implementation of the UCITS directive (2009/65/EC).

A summary of investor rights are available from Fund documents | SEI (  in English.

This website is presented to professional investors or institutional investors in the United Kingdom and each of Austria, Switzerland, Germany, Spain, France, Ireland, Italy, Luxembourg, the Netherlands and Singapore.

For investors in the United Kingdom, this website is issued by SEI Investments (Europe) Ltd (“SIEL”), 1st Floor, Alphabeta, 14-18 Finsbury Square, London, EC2A 1BR (Company registration number 03765319), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority under Firm reference number 191713 to any person or entity that qualifies as a Professional Investor under Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012  as it forms part of retained UK law and section 3.5 Conduct of Business Sourcebook of the FCA Handbook of Rules and Guidance.

This website is a marketing communication. Please refer to the Prospectus of the SEI Global Master Fund plc and the information relating to The SEI Liquid Alternative Fund (the “Fund”) before making any investment decisions.

For investors in Austria, Switzerland, Germany, Spain, France, Ireland, Italy, Luxembourg and the Netherlands this website is issued by SEI Investment Global, Ltd of Styne House, Upper Hatch Street, Dublin 2, Ireland (240371) which is authorised by the Central Bank of Ireland with authorisation number: C21684 to any person or entity which qualifies as a Professional Investor under the European Union Markets in Financial Instruments Directive (Directive 2014/65/EU).

This website and its content has not been registered with the Monetary Authority of Singapore. Accordingly, this website and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of Shares may not be circulated or distributed, nor may Shares be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor pursuant to Section 304 of the Securities and Futures Act 2001 of Singapore (the “SFA”)) or (ii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.