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©2023 SEI 39 Disclosures & Important Information For Financial Intermediary Use Only. Not for Public Distribution. Model allocations effective June 30, 2023. Asset allocation summary breakdowns shown above are target asset allocations only, underlying fund allocations reflect actual fund allocations. Charts are for illustrative purposes only. Guide is for Financial Intermediary Use Only. Not for Public Distribution. A 1% cash equivalent allocation may be maintained in certain Strategies to provide liquidity for account maintenance and operations. The SDIT Government Fund is not an exchange-traded fund, and is offered by SEI Investments Distribution Co (SIDCO). SIMC and SIDCO are wholly owned subsidiaries of SEI Investments Company (SEI). The Global X Funds are also distributed by SIDCO, which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. For those portfolios of individually managed securities, SEI Investments Management Corporation (SIMC) makes recommendations as to which manager will manage each asset class. SIMC may recommend the termination or replacement of a money manager and the investor has the option to move the account assets to another custodian or to change the manager as recommended. For those SEI Funds which employ the 'manager of managers' structure, SIMC has ultimate responsibility for the investment performance of the Funds due to its responsibility to oversee the sub-advisers and recommend their hiring, termination and replacement. There are risks involved with investing, including possible loss of principal. In addition to the normal risks associated with equity investing, 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. High-yield securities involve greater risk and exhibit higher volatility. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. Please note that ETF Strategy allocations and/or investment components are subject to change. 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. Short-and long-term tax implications should be considered. It is your responsibility to ensure that you are investing in the most recent allocations. 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. Neither SIMC nor its affiliates provide tax advice. Short-and long-term tax implications should be considered. 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. When harvesting losses from the sale of an American Fund, the Strategy may seek to avoid a wash sale while maintaining passive exposure to the desired asset class. The Strategy may do so through the purchase of a passively managed ETF offered by other fund families (Secondary Fund). Upon expiration of the wash-sale period, the Secondary Fund will be sold, which may result in a short-term capital gain, and the original American Fund will be repurchased. 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. 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. Performance is not guaranteed and the portfolio may experience losses. There is no guarantee the objectives of the models discussed will be met. There can be no assurance that performance will be enhanced or risk will be reduced for funds that seek to provide exposure to certain quantitative investment characteristics ("factors"). Exposure to such investment factors may detract from performance in some market environments, perhaps for extended periods. In such circumstances, a fund may seek to maintain exposure to the targeted investment factors and not adjust to target different factors, which could result in losses. The SEI Factor ETFs are actively managed and do not seek to replicate a specific index. Please review SIMC's Form ADV Part 2A (or the appropriate wrap brochure) for a full disclosure of the fee schedule.

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