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Products July 28, 2008
SEI Helps Institutional Investors Avoid Links to Sudan/Iran
July 28, 2008 (PLANSPONSOR.com) - SEI has announced
the launch of a new fund that addresses the increased desire
of institutional investors, specifically nonprofit
organizations, to invest in funds that eliminate companies
that generate revenue through business relationships with
Sudan or Iran.
Reported by
Rebecca Moore
The SEI Screened World Equity Ex-U.S. Fund will invest in securities of foreign issuers located in developed and emerging market countries, excluding companies whose activities directly or indirectly benefit the governments of countries that support terrorism, genocide, or human rights abuses, the announcement said.
The actively-managed fund uses a multi-manager approach, relying on a number of sub-advisers with differing investment strategies with the objective of achieving returns above the fund’s benchmark – MSCI All Country World ex-US Index adjusted for screens.
More information is at http://www.seic.com/institutions .