Investment Advisor Seminar

1
SEI INVESTMENTS
SEI Performance Update
2
This material is the sole property of SEI
Investments Company and its affiliates (SEI).
The material is made available to SEI clients for
their own use and that of their clients or
prospects. SEI assumes no responsibility for any
modifications made to this material. Any user of
this material hereby agrees to indemnify and hold
harmless SEI (including its officers, directors,
employees and legal representatives) from and
against any and all claims or losses of any kind
which arise out of users modifications or
exception of this material or from any
unauthorized use or distribution. As a result,
SEI recommends that any altered material be
reviewed by users legal counsel. If you are a
broker/dealer representative you must consult
with the appropriate broker/dealer representative
compliance personnel prior to the customization
and use of this presentation.
SEI Distribution Company
3
Methodology for Analysis

• Performance reviewed by asset class within
  domestic equity
• Performance reviewed for past five years
• Performance analyzed from two perspectives
• Absolute performance vs. benchmarks
• Continuity of performance

4
Domestic Equity 5 Years Ending 12/31/00
SEI Domestic Equity Funds Outperformed in 3 of 4
Asset Classes!
Asset Class of Portfolio
Relative Performance
Large Cap Value (40)
(1.64) Large Cap Growth (40)
1.79 Small Cap Value (10)
0.32 Small Cap Growth (10)
8.76 Total Weighted Portfolio Performance
0.97 Source SEI Investments
5
Which of SEIs Domestic Equity Funds Outperformed
their Index 4 Out of 5 Years?
Five Year Period (1996-2000)
Large Cap Value (LCV) No Large Cap Growth (LCG)
Yes Small Cap Value (SCV) Yes Small Cap
Growth (SCG) Yes Source SEI Investments
6
What Percentage of All Funds were Able to
Outperform the Benchmark in 4 Out of 5 Calendar
Years?
4 Out of 5 Calendar Years (1996-2000)
Large Cap Value (LCV) 3 Large Cap Growth
(LCG) 7 Small Cap Value (SCV) 13 Small
Cap Growth (SCG) 56 Source SEI Investments
7
What Does This Mean to You?

• As a portfolio, the SEI domestic equity funds
  beat a blended index by 0.97
• SEIs outperformance is in line with the
  long-term outperformance of
  top-quartile funds
• 3 out of the 4 SEI domestic equity funds beat
  their indexes in four of the past five years
• Only 15 of funds included in this study
  have been able to outperform
  their index in 4 of the
  last 5 years
• Source SEI Investments

8

• The Morningstar Blended Benchmarks are calculated
  by blending the Morningstar category returns
  according to the funds weightings of the various
  SEI portfolios. Category returns are supplied by
  Morningstar. The blended benchmarks weighting
  will equal that of its applicable model on a
  quarterly basis.
• For those SEI Funds which employ the manager of
  managers structure, SEI Investments Management
  Company has ultimately responsibility for the
  investment performance of the Fund due to its
  responsibility to oversee the sub-advisers and
  recommend their hiring, termination and
  replacement. In addition to the normal risks
  associated with equity investing, narrowly
  focused investments and investments in smaller
  companies typically exhibit higher volatility.
  Investment return and principal value of a mutual
  fund investment will fluctuate so that an
  investors shares on redemption may be worth more
  or less than the original cost.
• This information must be preceded or accompanies
  by a current prospectus for each fund. Investors
  should read the prospectus carefully before
  investing.
• The information presented is past performance.
  Past performance is no guarantee of future
  results.
• The SP 500 Index is an unmanaged index. You
  cannot invest in an index. The SP 500 index
  returns do not reflect any management fees,
  transaction costs or expenses. Index performance
  is used for illustrative purposes only, and is
  not indicative of any investment.
• Not FDIC Insured. No Bank Guarantee. May Lose
  Value. Assumed rates are for illustrative
  purposes only.
• This presentation must be accompanied by SEIs
  most recent Quarterly Investment Review (QIR).
  The SEI Funds are distributed by SEI Investments
  Distribution Co.

SEI Distribution Company