SEI Launches its First ETFs

Shanny Basar
SEI Launches its First ETFs

SEI® announced the launch of its first ETFs, a suite of four large-cap, factor-based strategies designed to support a goals-based wealth management approach.

The new funds include the:

  • SEI Enhanced U.S. Large Cap Quality Factor ETF (Cboe: SEIQ)
  • SEI Enhanced U.S. Large Cap Momentum Factor ETF (Cboe: SEIM)
  • SEI Enhanced U.S. Large Cap Value Factor ETF (Cboe: SEIV)
  • SEI Enhanced Low Volatility U.S. Large Cap ETF (Cboe: SELV)

SEI’s Factor ETF suite seeks to provide long-term capital appreciation, utilizing a quantitative-based, active stock selection investment strategy to evaluate large-capitalization stocks tailored to each of the respective factors. The ETFs are optimized to a portfolio with exposure to equity securities corresponding to each relevant factor or outcome, while concurrently managing additional exposures to other factors. The ETFs are actively managed by SEI’s internal investment team and include a 15 bps management fee.

Kevin Barr, Head of SEI’s Investment Management Unit, said: 

“Investors are increasingly looking for investment products that seek to generate positive outcomes—especially amid today’s persistent inflation and market volatility. Our investment platform is crafted expressly to help meet our clients’ needs and goals, and we are excited to introduce our proprietary, actively managed factor-based investment strategy in a lower-cost vehicle that can help investors achieve their investment objectives.”

Source: SEI

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