Advisor Flipbooks

For Financial Intermediary Use Only. Not For Retail Distribution. Important information This information is for educational purposes only. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice. There are risks involved with investing, including 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. 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. Investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. MLP common units and other equity securities can be affected by economic and other factors affecting the stock market in general, expectations of interest rates, investor sentiment towards MLPs or the energy sector, changes in a particular issuer's financial condition, or unfavorable or unanticipated poor performance of a particular issuer. MLP investments in the energy industry entail significant risk and volatility. Derivatives may be more volatile and less liquid than direct investments in the underlying securities themselves. Derivatives are subject to market risk, leverage risk, correlation risk, and liquidity risk. Certain securities may be less liquid and difficult to sell, potentially affecting performance. The use of leverage can amplify the effects of market volatility on an investment's price and may cause the investment to liquidate positions when it would not otherwise be advantageous to do so. 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. There is no guarantee that an investment's income will be exempt from federal or state income taxes. Capital gains, if any, are subject to capital gains tax. Income from municipal bonds may be subject to the alternative minimum tax. Consider the SEI ETF Strategies' investment objectives, risks, charges, and expenses carefully before investing. The Strategies invest in exchanged-traded products and a mutual fund 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. The Strategies' investment performance, because they are a portfolio of funds, depends on the investment performance of the underlying funds in which they invest. The ETPs in the portfolio are subject to tracking error risk, or the risk that the ETP's performance may vary substantially from the performance of the index it tracks as a result of cash flows, expenses, imperfect correlation between the ETP and the index and other factors. The Strategies' underlying funds invest in: foreign securities, which subject them to risk of loss not typically associated with domestic markets, such as currency fluctuations and political uncertainty; and fixed-income securities, which subject them to credit risk—the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt—and interest rate risk—changes in the value of a fixed-income security resulting from changes in interest rates. 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 bonds involve greater risks of default or downgrade and are more volatile than investment-grade securities, due to the speculative nature of their investments. The portfolio may also invest in commodities markets, which subject them to greater volatility than investments in traditional securities, such as stocks and bonds. The value of a commodity investment will rise or fall in response to changes in the underlying commodity or related benchmark or investment, changes in interest rates or factors affecting a particular industry or commodity, such as natural disasters, weather, and U.S. and international economic, political, and regulatory developments. Underlying ETPs may also utilize leverage, including inverse leverage. Leveraged ETPs seek to deliver multiples of the performance of the index or benchmark they track. Inverse ETPs seek to deliver multiples of opposite of the performance of the index or benchmark they track. The use of leverage can amplify the effects of market volatility on the underlying ETP's share price. Leveraged ETPs are generally managed with a goal to seek a return tied or correlated to a specific index or other benchmark (target) as measured only with respect to a single day (i.e., from one NAV calculation to the next). Due to the compounding of daily returns, the returns of such leveraged ETPs over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced over longer holding periods, in funds with larger or inverse multiples and in funds with volatile benchmarks. SEI Investments Management Corporation (SIMC) is the manager of the SEI ETF Strategies. SIMC is a wholly owned subsidiary of SEI Investments Company (SEI). Due to the ever-changing nature of investments and retirement objectives, it is critical that the advisor revisit an investor's retirement investment plan at least once a year, and more frequently if possible.

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