The SEI Institutional Managed Trust Liquid Alternative Fund Class Y is an open-end mutual fund designed to offer investors exposure to alternative investment strategies with the goal of achieving long-term capital appreciation. This fund primarily targets a diversified mix of global asset classes—including equities, fixed income, and currencies—by taking both long and short positions. It implements these strategies through the active use of exchange-traded and over-the-counter derivatives, such as futures, options, swaps, and forwards, allowing for flexible responses to various market conditions. The fund employs a multi-manager approach, with allocations overseen by SEI Investments Management Corporation and co-managed by Dynamic Beta Investments LLC. This structure leverages a variety of investment styles and expertise to reduce portfolio volatility and to capture opportunities across different market environments. Its benchmark indices include the ICE BofA U.S. 3-Month Treasury Bill Index and the Bloomberg U.S. Aggregate Bond Index, reflecting its focus on both capital preservation and growth via alternative strategies. By integrating alternative exposures with traditional assets, the SEI Institutional Managed Trust Liquid Alternative Fund Class Y aims to enhance diversification and risk-adjusted returns, making it a notable component for institutional portfolios seeking to balance return potential with risk mitigation.
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