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© 2024 SEI ® 240098.25 ADV 04/24 Important information SEI Investments Management Corporation (SIMC) is the manager of the SEI Strategies with American Funds (the Strategies). As such, SIMC is solely responsible for the fund selection and portfolio construction of the Strategies. Please see SIMC's Form ADV Part 2A (or the appropriate wrap brochure) for a full disclosure of the fee schedule. A 1% allocation to cash and cash equivalents is maintained to provide liquidity for operational purposes and does not represent an investment decision. SIMC are wholly owned subsidiaries of SEI Investments Company (SEI). Neither your financial advisor, SEI, nor its subsidiaries is affiliated with American Funds Distributors, Inc. or Capital Group. Independent Advisor Solutions by SEI is a strategic business unit of SEI. Consider the Strategies' investment objectives, risks, charges, and expenses carefully before investing. The Strategies invest in funds to obtain the desired exposure to an asset class. A copy of each fund's prospectus is available upon request. The prospectus includes information concerning each fund's investment objective, strategies and risks. Capital Group exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETF shares are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged. As nondiversified funds, Capital Group ETFs have the ability to invest a larger percentage of assets in securities of individual issuers than a diversified fund. As a result, a single issuer could adversely affect a fund's results more than if the fund invested a smaller percentage of assets in securities of that issuer. Refer to the applicable prospectus for details. For CGUS, CGGR, CGGO and CGXU, investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries. Diversification may not protect against market risk. Investing involves risk, including possible loss of principal. There can be no assurance goals will be met nor that risk management can be successful. Holdings are subject to change. Bonds and bond funds will decrease in value as interest rates rise. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments and smaller companies typically exhibit higher volatility. Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable. Actively managed ETFs may be subject to increased transaction costs. Active trading may increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. This information should not be relied upon by the reader as research or investment advice regarding the portfolios or any stock in particular, nor should it be construed as a recommendation to purchase or sell a security. All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies. Tax and Tax Management Techniques Disclosures – SIMC does not represent in any manner that the tax consequences described as part of its tax-management techniques and strategies will be achieved or that any of SIMC's tax-management techniques, or any of its products and/or services, will result in any particular tax consequence. The tax consequences of the tax-management techniques, including those intended to harvest tax losses, and other strategies that SIMC may pursue are complex and uncertain and may be challenged by the IRS. Neither SIMC nor its affiliates provide tax advice. Please note that (i) any discussion of U.S. tax matters contained in this communication cannot be used by you for the purpose of avoiding tax, penalties and/or interest which may be imposed by the IRS or any other taxing authority; (ii) this communication was written to support the promotion or marketing of the matters addressed herein; and (iii) you should seek advice based on your particular circumstances from an independent tax advisor. Accordingly, Clients should confer with their personal tax advisors regarding the tax consequences of investing with SIMC and engaging in the tax-management techniques described herein (including the described tax loss harvesting strategies) based on their particular circumstances. Clients and their personal tax advisors are responsible for how the transactions conducted in an account are reported to the IRS or any other taxing authority on the Client's personal tax returns. SIMC assumes no responsibility for the tax consequences to any Client of any transaction. Custody services provided by SEI Private Trust Company, a federally chartered limited purpose savings association and wholly owned subsidiary of SEI Investments Company. When using approved ETF substitutes for the Tax-Managed Strategies, the approved substitute replaces the strategy's selected ETF(s). The substitutes are monitored for tax-loss harvesting opportunities. If such an opportunity arises and an ETF substitute is indeed sold, a secondary ETF will serve as a replacement during the wash-sale period. After the wash-sale period expires, the secondary ETF is sold, and the original approved substitute selection is repurchased. SEI always prioritizes returning to your selected approved substitute after the wash-sale period expires; however, if the market goes up during the wash-sale period, the portfolio may be subject to short-term gains. 1 Freedom Valley Drive P.O. Box 1100 Oaks, PA 19456 610-676-1000 seic.com

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