SIMYX: SEI Tax-Managed Intl Mgd Vol Y (SMIT)

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

SIMYX SEI Tax-Managed Intl Mgd Vol Y (SMIT)


Profile

SIMYX - Profile

Vitals

  • YTD Return -13.9%
  • 3 Yr Annualized Return -5.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $354 M
  • Holdings in Top 10 14.3%

52 WEEK LOW AND HIGH

$9.59
$7.82
$11.48

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 55.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -13.9%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund
  • Fund Family Name
    SEI
  • Inception Date
    Oct 17, 2016
  • Shares Outstanding
    6660660
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jason Karceski

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets in non-U.S. equity securities. It will invest primarily in companies located in developed countries. Each Sub-Adviser and Adviser seeks to achieve lower volatility by constructing a portfolio of securities that primarily exhibit a more stable historical or predicted price and earnings behavior (i.e. absolute risk), but also take into consideration low correlation attributes and expected returns.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

SIMYX - Performance

Return Ranking - Trailing

Period SIMYX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -30.1% 61.9% 10.44%
1 Yr -8.3% -23.4% 68.9% 21.75%
3 Yr -5.0%* -15.7% 5.2% 17.39%
5 Yr N/A* -10.2% 19.3% N/A
10 Yr N/A* -4.4% 11.9% N/A

* Annualized

Return Ranking - Calendar

Period SIMYX Return Category Return Low Category Return High Rank in Category (%)
2019 12.3% 1.8% 20.3% 71.57%
2018 -14.7% -35.7% -7.4% 5.88%
2017 17.8% 8.4% 27.7% 71.16%
2016 N/A -9.2% 208.8% N/A
2015 N/A -27.8% 5.1% N/A

Total Return Ranking - Trailing

Period SIMYX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -30.1% 61.9% 10.44%
1 Yr -8.3% -23.4% 68.9% 21.75%
3 Yr -5.0%* -15.7% 5.0% 28.62%
5 Yr N/A* -10.2% 23.6% N/A
10 Yr N/A* -4.4% 16.1% N/A

* Annualized

Total Return Ranking - Calendar

Period SIMYX Return Category Return Low Category Return High Rank in Category (%)
2019 12.3% 1.8% 20.3% 71.57%
2018 -14.7% -35.7% -6.2% 11.76%
2017 17.8% 10.5% 30.2% 82.77%
2016 N/A -7.3% 219.6% N/A
2015 N/A -26.3% 6.0% N/A

NAV & Total Return History


Holdings

SIMYX - Holdings

Concentration Analysis

SIMYX Category Low Category High SIMYX % Rank
Net Assets 354 M 879 K 36.3 B 46.27%
Number of Holdings 480 1 3041 8.39%
Net Assets in Top 10 51.7 M -2.79 M 9.64 B 57.45%
Weighting of Top 10 14.30% 10.1% 100.0% 94.04%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SIMYX % Rank
Stocks
95.73% 53.56% 100.20% 74.53%
Cash
4.26% -89.89% 46.43% 22.98%
Other
0.01% -0.37% 13.09% 27.02%
Preferred Stocks
0.00% 0.00% 1.82% 100.00%
Convertible Bonds
0.00% 0.00% 2.72% 100.00%
Bonds
0.00% 0.00% 73.95% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High SIMYX % Rank
Consumer Defense
17.83% 0.00% 40.15% 4.66%
Healthcare
16.16% 0.00% 23.40% 21.12%
Financial Services
15.37% 0.00% 35.65% 71.74%
Communication Services
11.87% 0.00% 25.60% 12.73%
Utilities
10.56% 0.00% 36.81% 2.17%
Industrials
8.48% 0.00% 41.29% 86.02%
Consumer Cyclical
7.95% 0.00% 19.16% 56.52%
Real Estate
3.89% 0.00% 6.88% 13.66%
Technology
2.99% 0.00% 22.26% 86.65%
Basic Materials
2.83% 0.00% 33.92% 94.72%
Energy
2.08% 0.00% 93.48% 90.99%

Stock Geographic Breakdown

Weighting Return Low Return High SIMYX % Rank
Non US
95.58% 49.12% 100.00% 59.01%
US
0.15% 0.00% 29.94% 75.16%

Expenses

SIMYX - Expenses

Operational Fees

SIMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.01% 15.82% 54.69%
Management Fee 0.65% 0.00% 1.30% 25.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.45% 0.01% 0.50% 94.83%

Sales Fees

SIMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SIMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

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.

SIMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 2.00% 366.00% 67.51%

Distributions

SIMYX - Distributions

Dividend Yield Analysis

SIMYX Category Low Category High SIMYX % Rank
Dividend Yield 0.00% 0.00% 6.13% 100.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SIMYX Category Low Category High SIMYX % Rank
Net Income Ratio 3.05% -0.68% 7.83% 33.01%

Capital Gain Distribution Analysis

SIMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

SIMYX - Fund Manager Analysis

Managers

Jason Karceski


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Jason Karceski, Ph.D., has served as a Senior Research Analyst of LSV since 2009, a partner since 2012 and portfolio manager since 2014.

Harindra de Silva


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Harindra (“Harin”) de Silva is president and portfolio manager for the Wells Fargo Asset Management (WFAM) Analytic Investors team. Harin focuses on the ongoing research effort for equity and factor-based asset allocation strategies. He joined Analytic Investors in 1995. Prior to joining Analytic Investors, Harin was a principal at Analysis Group, Inc., where he was responsible for providing economic research services to institutional investors including investment managers, large pension funds, and endowments.

Mark Birmingham


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Mark Birmingham is a senior vice president and lead portfolio manager for Acadian's Managed Volatility strategies. Before joining Acadian in 2013, he was a vice president and quantitative analyst within the Quantitative Investment Group at Wellington Management Co. Mark also served as director, U.S. Equity Sales and Trading at Nomura Securities International, Inc. prior to his work at Wellington. He earned an A.B. in computer science from Princeton University. Mark is a CFA charterholder and a member of CFA Society Boston.

Greg Sleight


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Greg Sleight is a Partner, Portfolio Manager and Quantitative Analyst of LSV. At LSV, Mr. Sleight is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Sleight received a B.S. in Material Science & Engineering from the University of Illinois in 2000 and an M.B.A. in Econometrics, Economics & Analytic Finance from the University of Chicago in 2006.

Puneet Mansharamani


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Puneet Mansharamani, CFA, is a Partner, Portfolio Manager and Quantitative Analyst of LSV. Mr. Mansharamani has more than 14 years of investment experience. At LSV, Mr. Mansharamani is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Prior to joining LSV, Mr. Mansharamani was an Analyst at Institutional Trust National City Corporation. His responsibilities included project management, systems development and designing financial and analytical applications for the Worldwide Web. Prior to this experience, Mr. Mansharamani was a Systems Consultant for Maximations, Inc. where he was responsible for systems development and programming Mainframe and databases used to calculate revenue streams as well as executive reporting. Mr. Mansharamani was also a Systems Analyst for Case Western Reserve University. Mr. Mansharamani earned a B.S. in Engineering from Delhi University, Delhi College of Engineering in 1995 and an M.S. in Engineering at Case Western Reserve University, Case School of Engineering (2001).

David Krider


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

David Krider is a portfolio manager for the Analytic Investors team at Wells Fargo Asset Management (WFAM). He is responsible for the ongoing research and development of global equity-based investment strategies as well as the day-to-day trading of global portfolios. Prior to joining Analytic Investors in 2003, David was founder and Chief Technology Officer of Visualize, Inc., a firm that specializes in financial visualization and analytic software. He was a Research Associate at First Quadrant before leaving to start his own firm.

Ryan Taliaferro


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Ryan joined Acadian in 2011 and currently serves as director of equity strategies.

Paul Bouchey


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Mr. Bouchey leads Parametric’s Investment, Research and Strategy activities. He is responsible for setting the overall research agenda and new product development. Prior to joining Parametric in 2006, Paul was a senior researcher at Russell Investment Group, where he focused on simulation, optimization, and quantitative decision models for institutional and private clients. He holds a patent on cross-sectional volatility indexing and has authored more than 10 academic and practitioner articles in journals such as The Journal of Portfolio Management, The Journal of Wealth Management, and The Journal of Index Investing. Paul earned a B.A. in mathematics and physics from Whitman College and an M.S. in Computational Finance and Risk Management from the University of Washington. He holds the Chartered Financial Analyst designation.

Guy Lakonishok


Start Date

Tenure

Tenure Rank

Oct 17, 2016

3.54

3.5%

Guy Lakonishok, CFA is a Partner, Portfolio Manager and Quantitative Analyst at LSV. Prior to joining LSV, Mr. Lakonishok was a Vice President in the Quantitative Equity group at BlackRock. His responsibilities included research, portfolio implementation, system development and performance attribution. Prior to this experience, Mr. Lakonishok was an analyst in the Quantitative Equity group at Weiss, Peck, and Greer, where he was responsible for developing portfolio analytics and assisting in the day-to-day management of the portfolios. Mr. Lakonishok received a B.S. in Applied Science with a Major in Electrical Engineering from Washington University in St. Louis in 2000. Mr. Lakonishok also received an M.B.A from the University of Chicago - Booth School of Business in 2009, graduating with honors with a dual- concentration in Analytical Finance and Accounting.

Brendan Bradley


Start Date

Tenure

Tenure Rank

Dec 31, 2016

3.33

3.3%

Brendan joined Acadian in 2004 and is the chief investment officer. Brendan has served as the firm’s director of portfolio management, overseeing portfolio management policy, and was also previously the director of Acadian’s Managed Volatility strategies.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 26.89 6.56 1.17