Advisor Flipbooks

Important information SEI Investments Management Corporation (SIMC) is the manager to the SEI Strategies featuring Dimensional (the Strategies). As such, SIMC is solely responsible for the fund selection and portfolio construction of the Strategies. SIMC is a wholly owned subsidiary of SEI Investments Company (SEI). Please see SIMC's Form ADV Part 2A (or the appropriate wrap brochure) for a full disclosure of the fee schedule. Dimensional and the Dimensional logo are registered trademarks of Dimensional Fund Advisors LP. Dimensional funds are offered by DFA Securities LLC, member FINRA. The SEI Daily Income Trust (SDIT) Government Fund is offered by SEI Investments Distribution Co (SIDCO), a wholly owned subsidiary of SEI. Additional funds utilized within the strategies are offered through their respective distributors. Neither your financial advisor, SEI, nor its subsidiaries is affiliated with DFA Securities LLC, or Dimensional Fund Advisors LP. Neither SEI, nor DFA Securities LLC, or Dimensional Fund Advisors LP are affiliated with any other fund companies or distributors available through the strategies. Independent Advisor Solution by SEI is a strategic business unit of SEI. 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, including futures contracts. No investment strategy, including diversification, can protect against market risk or loss. There are risks involved with investing, including loss of principal. There is no assurance that the objectives of any strategy or fund will be achieved or will be successful nor that risk can be managed successfully. The funds in the Strategies are subject to tracking error risk, or the risk that the strategy's performance may vary substantially from the performance of the index it tracks as a result of cash flows, expenses, imperfect correlation between the strategy and the index and other factors. 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. 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. Bonds and bond funds will decrease in value as interest-rates rise. High-yield bonds involve greater risks of default or downgrade and are more volatile than investment-grade securities, due to the speculative nature of their investments. TIPS can provide investors a hedge against inflation, as the inflation adjustment feature helps preserve the purchasing power of the investment. Because of this inflation adjustment feature, inflation protected bonds typically have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses. Consider the Strategies' investment objectives, risks, charges and expenses carefully before investing. The portfolios invest in ETFs to obtain the desired exposure to an asset class and a 1% cash equivalent allocation is maintained to provide liquidity for account maintenance and operations. The SEI Government Fund is not an exchange-traded fund. The prospectus for each underlying fund within the strategies includes information concerning each fund's investment objective, strategies and risks. A copy of each fund's prospectus is available upon request. 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.

• Cover