SEI Institutional Managed Trust Multi-Strategy Alternative Fund

Class Inst (SMSAX)
Scorecard
3 / 5 Stars
Lipper
2 2 5 5 4
Zacks Investment Research
3 (Hold)
Standard & Poor's
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TheStreet.com
C- (Hold)

U.S. News evaluated 109 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 5.16 percent over the past year, and 1.23 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date 1.0%
1 Year 5.2%
3 Years (Annualized) 1.2%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to generate an absolute return with reduced correlation to the stock and bond markets. The fund employs a strategy intended to generate an absolute (i.e., positive) return in various market cycles with reduced correlation to the stock and bond markets. The fund allocates its assets among a variety of investment strategies through the use of: (i) affiliated and unaffiliated funds, including open-end funds, closed-end funds and exchange traded funds (underlying funds); and/or (ii) one or more investment sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers).

Fees

Fees are Low compared to funds in the same category.
SEI Institutional Managed Trust Multi-Strategy Alternative Fund has an expense ratio of 0.60 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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