SIIT World Equity Ex-US Fund Class A, SEI Institutional Investments Trust (WEUSX)

Overview

The fund is an investment vehicle focusing on equity securities of foreign companies across various capitalizations. By allocating at least 80% of its net assets, plus any borrowed funds for investment purposes, into a diversified portfolio that spans across different geographies excluding the US, it aims to provide its investors with exposure to international markets. The investment approach is inclusive but not limited to, direct investments in common and preferred stocks, depositary receipts, and warrants alongside indirect exposures through ETFs tracking international ex-US equity indices and derivative instruments. The derivative instruments primarily include futures and forward contracts that are tied to either international equity indexes or specific equity securities or groups of securities, providing a diversified and flexible investment strategy.

Products and Services

• Equity Securities of Foreign Companies

  The core of the fund's investment strategy revolves around holding equity securities, including common and preferred stocks, of various foreign companies. By targeting firms outside of the US, the fund offers investors an opportunity to partake in the growth potential of international markets.

• Depositary Receipts

  Considering the complexities and the potential legal and tax ramifications of direct investments in foreign equities, the fund also invests in depositary receipts. These instruments provide a more accessible way for the fund's investors to gain exposure to non-US companies without the complexities of direct investments.

• ETFs Tracking International Ex-US Equity Indices

  To achieve broad exposure to international equity markets, the fund invests in ETFs that track diverse ex-US equity indices. This strategy not only diversifies the investment pool but also mitigates risk by spreading investments across various sectors and regions outside the United States.

• Derivative Instruments

  The fund utilizes derivative instruments, such as futures and forward contracts based on international equity indices or underlying equity securities, to hedge against potential losses, enhance returns, or gain exposure to certain assets or markets without needing to hold the actual securities.

• Warrants

  Warrants, which are securities that confer the right but not the obligation to buy or sell a security (most commonly equity) at a certain price before expiration, are also part of the fund's investment spectrum. This instrument allows the fund to speculate on the direction of markets or individual stocks with a potentially lower upfront capital commitment.