SEI Select Emerging Markets Equity ETF (SEEM)

Overview

The SEI Select Emerging Markets Equity ETF seeks long-term capital appreciation by investing in a diversified portfolio of equity securities of companies located in emerging market countries. It utilizes a multi-manager approach, allocating assets to different investment managers with varying styles and strategies.

Reputation and Reliability

SEI is a well-established financial services company with a long track record in asset management, known for its multi-manager investment solutions.

Management Expertise

SEI employs a team of experienced investment professionals and utilizes a rigorous selection process to identify and allocate assets to external investment managers.

Goal

To seek long-term capital appreciation.

Investment Approach and Strategy

Strategy: The ETF does not track a specific index. It employs a multi-manager approach, allocating assets among different investment managers specializing in emerging markets equities.

Composition Primarily invests in equity securities of companies located in emerging market countries.

Market Share: Due to the ETF's structure as a fund-of-funds, its market share is more nuanced than direct competitors. Accurate individual fund-of-funds market share data can be limited.

Total Net Assets (AUM): 105112660

Key Competitors

• Vanguard FTSE Emerging Markets ETF (VWO)
• iShares Core MSCI Emerging Markets ETF (IEMG)
• Schwab Emerging Markets Equity ETF (SCHE)

Competitive Landscape

The emerging markets ETF landscape is highly competitive, dominated by large, low-cost index-tracking funds. The SEI Select Emerging Markets Equity ETF differentiates itself through its multi-manager approach, potentially offering diversification and access to specialized investment strategies. However, this structure may result in higher expense ratios compared to passive index funds. The advantages include potential for alpha generation through manager selection, while the disadvantage is higher cost and complexity.

Historical Performance: Historical performance data needs to be acquired from financial data providers. No historical data available.

Benchmark Comparison: Benchmark comparison requires access to performance data versus relevant emerging markets indices (e.g., MSCI Emerging Markets Index).

Expense Ratio: 0.78

Average Trading Volume

Average trading volume is relatively moderate, indicating acceptable but not exceptional liquidity.

Bid-Ask Spread

The bid-ask spread is typically competitive, but can widen during periods of market volatility or lower trading volume.

Market Environment Factors

Emerging market equities are influenced by global economic growth, commodity prices, currency fluctuations, and geopolitical risks. Specific factors include interest rate policies, inflation rates, and trade policies.

Growth Trajectory

Growth depends on the fund's ability to select and allocate to effective emerging markets managers. Performance may vary based on manager style and market conditions. Holdings will change depending on the allocations to the investment managers and their respective investment decisions

Competitive Edge

The SEI Select Emerging Markets Equity ETF's competitive edge lies in its multi-manager approach, which seeks to diversify manager risk and potentially enhance returns through active management. This structure allows investors to access a variety of investment styles and strategies within a single ETF. The fund benefits from SEI's expertise in manager selection and due diligence. However, the higher expense ratio relative to passive ETFs is a potential drawback. The success of the ETF is heavily reliant on the performance of the selected managers.

Volatility

Emerging markets equities are inherently more volatile than developed market equities. The fund's volatility will depend on the specific holdings and the investment styles of the selected managers.

Market Risk

The fund is subject to market risk, including economic, political, and regulatory risks specific to emerging market countries. Currency fluctuations and geopolitical events can significantly impact performance.

Ideal Investor Profile

This ETF is suitable for investors seeking long-term capital appreciation with a higher risk tolerance and an interest in emerging markets. It may appeal to investors who desire a diversified approach to emerging market equities through a multi-manager structure.

Market Risk

This ETF is best suited for long-term investors willing to accept higher volatility in exchange for the potential for higher returns. It is not suitable for risk-averse investors or those seeking short-term gains.

The SEI Select Emerging Markets Equity ETF offers exposure to emerging market equities through a multi-manager approach, aiming for long-term capital appreciation. Its multi-manager structure seeks to enhance returns through active management and diversify manager risk. However, the higher expense ratio compared to passive ETFs is a consideration. It is suitable for investors with a higher risk tolerance seeking diversified exposure to emerging markets.

Data Sources:

• SEI Investments Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

This data is for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.