SEI Institutional International Trust Emerging Markets Debt Fund Class F (SITEX)

Overview

The described fund is an investment entity focused on the fixed income market within emerging economies. It is characterized by a commitment to allocating a significant portion of its resources—specifically, at least 80% of its net assets, alongside any borrowed funds intended for investment purposes—toward fixed income securities issued by a variety of entities within these emerging markets. The fund's scope of investment encompasses government and government-related issuers, supranational entities, and corporate issuers from emerging market countries. Additionally, it includes entities organized specifically for the restructuring of existing debts of such issuers. Notably, this fund is classified as non-diversified, meaning it may concentrate its investments in fewer issuers compared to diversified funds.

Products and Services

The fund offers distinct investment opportunities, focusing on the dynamic and potentially rewarding sector of emerging markets' fixed income securities. The main products and services are as follows:

• Government and Government-Related Issuer Investments: The fund invests in debt securities issued by governments and entities that are related to governments within emerging market countries. These investments aim to leverage the financial stability and potential growth of these sovereign and quasi-sovereign entities.
• Supranational Entity Investments: It also allocates resources to debt securities issued by supranational entities. These organizations, formed by two or more central governments to promote economic development and cooperation, issue debt that is considered to have a high level of creditworthiness.
• Corporate Issuer Investments: Besides sovereign and supranational debt, the fund includes debt securities issued by corporations operating within emerging markets. This diversifies the investment portfolio across different sectors and industries, potentially increasing the chance for higher yield returns while managing risks.
• Debt Restructuring Entity Investments: An innovative aspect of the fund's investment strategy includes engaging with entities organized specifically for the purpose of restructuring the outstanding debt of issuers. This not only supports potentially distressed issuers in emerging markets but also may offer unique investment opportunities with favorable returns.