SAAAX: SEI Institutional Managed Trust Multi-Asset Accumulation Fund - MutualFunds.com
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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Vitals

YTD Return

9.1%

1 yr return

16.2%

3 Yr Avg Return

10.0%

5 Yr Avg Return

7.7%

Net Assets

$2.81 B

Holdings in Top 10

50.6%

52 WEEK LOW AND HIGH

$10.68
$9.42
$10.74

Expenses

OPERATING FEES

Expense Ratio 1.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 61.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Tactical Allocation


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

SAAAX - Profile

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return 10.0%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    SEI Institutional Managed Trust Multi-Asset Accumulation Fund
  • Fund Family Name
    SEI
  • Inception Date
    Apr 09, 2012
  • Shares Outstanding
    243906061
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Mendelson

Fund Description

The fund will seek to generate total return over time by selecting investments from among a broad range of asset classes based upon SEI Investments Management Corporation's (SIMC) or the sub-adviser's (each, a Sub-Adviser and collectively, the Sub-Advisers) expectations of risk and return. It uses a multi-manager approach under the general supervision of SIMC, allocating its assets among one or more Sub-Advisers using different investment strategies. SIMC may also directly manage a portion of the fund's portfolio. The fund is non-diversified.


SAAAX - Performance

Return Ranking - Trailing

Period SAAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -14.0% 30.4% 54.84%
1 Yr 16.2% -4.1% 70.6% 61.99%
3 Yr 10.0%* -1.2% 27.3% 25.49%
5 Yr 7.7%* 0.9% 31.2% 49.79%
10 Yr N/A* -0.6% 13.6% N/A

* Annualized

Return Ranking - Calendar

Period SAAAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.2% -17.2% 52.8% 71.86%
2019 8.1% -11.4% 27.3% 71.60%
2018 -10.4% -29.6% 1.6% 52.32%
2017 7.7% -11.6% 29.4% 60.27%
2016 2.0% -14.9% 16.0% 70.53%

Total Return Ranking - Trailing

Period SAAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -14.0% 30.4% 54.84%
1 Yr 16.2% -7.9% 70.6% 56.09%
3 Yr 10.0%* -3.0% 27.3% 23.14%
5 Yr 7.7%* -0.2% 31.2% 46.38%
10 Yr N/A* -0.6% 13.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SAAAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.2% -17.2% 52.8% 71.86%
2019 8.1% -11.4% 27.3% 71.60%
2018 -10.4% -29.6% 1.6% 73.84%
2017 7.7% -5.4% 29.4% 81.25%
2016 2.0% -14.9% 19.7% 82.61%

NAV & Total Return History


SAAAX - Holdings

Concentration Analysis

SAAAX Category Low Category High SAAAX % Rank
Net Assets 2.81 B 643 K 17.6 B 9.25%
Number of Holdings 1206 2 1869 1.78%
Net Assets in Top 10 3.84 B -104 M 11.2 B 5.34%
Weighting of Top 10 50.59% 12.6% 100.0% 65.98%

Top 10 Holdings

  1. 10 Year Treasury Note Future Sept 21 19.35%
  2. 10 Year Treasury Note Future Sept 21 19.35%
  3. 10 Year Treasury Note Future Sept 21 19.35%
  4. 10 Year Treasury Note Future Sept 21 19.35%
  5. 10 Year Treasury Note Future Sept 21 19.35%
  6. 10 Year Treasury Note Future Sept 21 19.35%
  7. 10 Year Treasury Note Future Sept 21 19.35%
  8. 10 Year Treasury Note Future Sept 21 19.35%
  9. 10 Year Treasury Note Future Sept 21 19.35%
  10. 10 Year Treasury Note Future Sept 21 19.35%

Asset Allocation

Weighting Return Low Return High SAAAX % Rank
Bonds
58.41% 0.00% 212.15% 16.73%
Cash
19.36% -174.65% 80.58% 12.81%
Stocks
18.52% 0.00% 199.20% 88.61%
Other
3.69% -30.29% 67.44% 30.60%
Convertible Bonds
0.01% 0.00% 6.27% 48.40%
Preferred Stocks
0.00% 0.00% 11.95% 51.60%

Stock Sector Breakdown

Weighting Return Low Return High SAAAX % Rank
Technology
18.80% 0.00% 54.08% 46.01%
Financial Services
14.51% 0.00% 96.81% 34.98%
Healthcare
12.80% 0.00% 29.91% 32.70%
Consumer Cyclical
11.30% 0.00% 60.13% 54.37%
Industrials
9.89% 0.00% 22.90% 55.89%
Communication Services
9.20% 0.00% 26.02% 37.64%
Consumer Defense
6.74% 0.00% 27.69% 32.32%
Basic Materials
4.97% 0.00% 46.77% 41.83%
Utilities
4.41% 0.00% 91.16% 15.59%
Energy
3.89% 0.00% 70.75% 32.32%
Real Estate
3.49% 0.00% 72.00% 41.83%

Stock Geographic Breakdown

Weighting Return Low Return High SAAAX % Rank
US
12.91% 0.00% 197.43% 88.26%
Non US
5.61% -0.38% 64.60% 64.06%

Bond Sector Breakdown

Weighting Return Low Return High SAAAX % Rank
Government
74.86% 0.00% 91.87% 8.19%
Cash & Equivalents
24.48% 0.00% 100.00% 62.63%
Derivative
0.37% 0.00% 61.36% 34.16%
Corporate
0.30% 0.00% 100.00% 62.28%
Securitized
0.00% 0.00% 63.58% 55.87%
Municipal
0.00% 0.00% 20.38% 41.64%

Bond Geographic Breakdown

Weighting Return Low Return High SAAAX % Rank
US
31.08% -29.94% 125.49% 27.05%
Non US
27.33% 0.00% 87.37% 9.96%

SAAAX - Expenses

Operational Fees

SAAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.17% 0.38% 3.80% 63.54%
Management Fee 0.75% 0.00% 1.50% 40.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% 90.28%

Sales Fees

SAAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SAAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 97.30%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 1.00% 465.00% 23.93%

SAAAX - Distributions

Dividend Yield Analysis

SAAAX Category Low Category High SAAAX % Rank
Dividend Yield 0.00% 0.00% 0.59% 31.32%

Dividend Distribution Analysis

SAAAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

SAAAX Category Low Category High SAAAX % Rank
Net Income Ratio -0.23% -73.00% 9.24% 73.84%

Capital Gain Distribution Analysis

SAAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SAAAX - Fund Manager Analysis

Managers

Michael Mendelson


Start Date

Tenure

Tenure Rank

Apr 09, 2012

9.4

9.4%

Mr. Michael Mendelson serves as Principal & Portfolio Manager.

Yao Ooi


Start Date

Tenure

Tenure Rank

Apr 09, 2012

9.4

9.4%

Yao Hua Ooi is a Principal at AQR Capital Management, where he is the Head of our Macro and Multi-Strategy team. In this role, he leads the Research and Portfolio Management teams focused on AQR’s macro and multi-strategy funds, including the firm’s Managed Futures, Risk Parity, Alternative Risk Premia, Multi-Strategy, Multi-Asset and Global Macro products. His research has been published in the Journal of Financial Economics, the Journal of Portfolio Management, the Financial Analysts Journal and the Journal of Investment Management. He was named the 2013 Alternatives Fund Manager of the Year by Morningstar for his work on managed futures, and shared the 2013 Whitebox Prize for his work on time series momentum. Yao Hua earned a B.S. in economics and a B.S. in engineering from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania, graduating summa cum laude.

Jonathon Beaulieu


Start Date

Tenure

Tenure Rank

Jul 10, 2012

9.15

9.2%

Jonathon Beaulieu, CFA, Director — Multi Asset Investments, joined PanAgora in 2010 and joined the financial services industry in 1995. Mr. Beaulieu is responsible for the daily management of the Panagora Asset Management Inc's Risk Parity Portfolios. He also assists with the management of the Panagora Asset Management Inc's domestic and global fixed income portfolios. Prior to joining PanAgora, Mr. Beaulieu was responsible for actively managing and hedging fixed income portfolios at the Federal Home Loan Bank of Boston. Mr. Beaulieu was a quantitative analyst at MFS Investment Management.

Bryan Belton


Start Date

Tenure

Tenure Rank

Jul 10, 2012

9.15

9.2%

Mr. Belton is a Managing Director within the Multi Asset Investments team at PanAgora. Mr. Belton is responsible for research as well as the daily management of the firm’s Risk Parity, global fixed income, currency, and commodity portfolios. Mr. Belton is a member of the firm’s Operating, Directors, Portfolio Risk, and Trading & Investment Practices Committees.

Edward Qian


Start Date

Tenure

Tenure Rank

Jul 10, 2012

9.15

9.2%

Dr. Qian is the Head of Multi Asset Research and Chief Investment Officer of Multi Asset Investments at PanAgora. His primary responsibilities include investment research and portfolio management within PanAgora’s Multi Asset strategies. He is also a member of the firm’s Investment, Operating, Risk, and Directors’ Committees.

Steven Treftz


Start Date

Tenure

Tenure Rank

Dec 31, 2014

6.67

6.7%

Steven Treftz, CFA, joined SIMC in 2012, and is responsible for the oversight, monitoring and manager selection for the Investment Management Unit's Multi Asset and Short Duration strategies. Prior to his employment at SEI, Mr. Treftz was employed by Citi Private Bank where he was responsible for maintaining the firm's research opinions on third party international, global and emerging market equity managers. Prior to his employment at Citi Private Bank Mr. Treftz was employed by Lockwood Advisors, Inc. where he was responsible for the management of one of the firm's mutual fund/ETF wrap portfolio programs. Mr. Treftz earned a Bachelor's degree in Finance and Risk Management from Temple University. Mr. Treftz is also a CFA Charterholder and member of the CFA Society of Philadelphia.

John Huss


Start Date

Tenure

Tenure Rank

Jan 31, 2017

4.58

4.6%

John J. Huss, Principal, rejoined AQR in 2013 and oversees multi-asset class strategies as a researcher and portfolio manager. Mr. Huss rejoined the AQR Capital Management in 2013 and is a portfolio manager for the firm’s World Allocation strategy where he focuses on macroeconomic and portfolio construction research for risk parity and other asset allocation strategies. Prior to rejoining the firm, where he first worked from 2004 to 2008, Mr. Huss was a vice president in RBC’s Global Arbitrage and Trading division and a systematic portfolio manager for Tudor Investment Corp. Mr. Huss earned a B.S. in mathematics from the Massachusetts Institute of Technology.

James Smigiel


Start Date

Tenure

Tenure Rank

Dec 31, 2018

2.67

2.7%

Jim Smigiel is Chief Investment Officer of Non-Traditional Strategies. He oversees alternative, hedge fund, property and multi-asset strategies. Previously, he oversaw SEI’s Portfolio Strategies Group and the Global Fixed Income team. Prior to joining SEI, Smigiel served as Portfolio Manager and Senior Investment Officer at PNC Advisors/BlackRock Financial Management, where he managed institutional fixed-income portfolios. Smigiel holds a Bachelor of Science degree in Economics from Drexel University.

Ronen Israel


Start Date

Tenure

Tenure Rank

Jan 31, 2020

1.58

1.6%

Ronen Israel, M.A., is a Principal of AQR Capital Management. Mr. Israel joined AQR Capital Management in 1999, is the Co-Head of Portfolio Management, Research, Risk and Trading and is a member of the firm’s Executive Committee. Prior to joining AQR, Ronen was a Senior Analyst at Quantitative Financial Strategies, Inc., a quantitative investment management firm, specializing in currencies and global macro strategies, with $2.5 billion under management. Before that, he worked as a management consultant, specializing in building out financial systems for financial services firms. Ronen received an MA in Mathematics, specializing in mathematical finance, from Columbia University, a BS in Economics from The Wharton School at the University of Pennsylvania and a BAS in Biomedical Science from the School of Engineering and Applied Science at the University of Pennsylvania.

Lars Nielsen


Start Date

Tenure

Tenure Rank

Jan 31, 2020

1.58

1.6%

Nielsen is a Principal of AQR Capital Management. Mr. Nielsen joined AQR in 2000 and currently serves as the co-head of portfolio management, research, risk and trading. He earned a B.Sc. and an M.Sc. in economics from the University of Copenhagen. Prior to joining the Adviser in 2000, he was an Analyst in the Quantitative Research Group of Danske Invest.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.08 5.67 12.25