Fund Description

The fund invests at least 80% of its net assets in equity securities of foreign companies across various capitalizations, including common stocks, preferred stocks, depositary receipts, warrants, and ETFs that track international ex-US equity indices. It limits investments in emerging markets to no more than 35% of its assets. Utilizing a multi-manager approach, the fund engages multiple sub-advisers, each employing distinct investment strategies under the supervision of SEI Investments Management Corporation. The fund's benchmark is the MSCI All Country World Ex-U.S. Net Index. It employs long/short equity strategies and actively manages foreign currency exposure through various instruments to enhance returns and manage risk.