SEI Institutional Managed Trust Multi-Strategy Alternative Fund

Class A (SMSAX)
Scorecard
2 / 5 Stars
Lipper
1 1 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
---
TheStreet.com
---

U.S. News evaluated 88 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all SEI funds

See full Multialternative rankings

See more fund rankings

Performance

The fund has returned 1.92 percent over the past year, and 0.53 percent over the past three years.

Trailing Returns Updated 04.30.2013
Year to date 1.6%
1 Year 1.9%
3 Years (Annualized) 0.5%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more SMSAX performance

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 Average compared to funds in the same category.
SEI Institutional Managed Trust Multi-Strategy Alternative Fund has an expense ratio of 0.65 percent.

See more SMSAX fees

Risk

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

See more SMSAX risk

Advertisement
Multialternatives
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.