SEI Inst Mgd Multi-Strategy Alternative Fund;Y (SMUYX)
SEI Inst Mgd Multi-Strategy Alternative Fund;Y operates in the Asset Management industry of the Financial Services sector, headquartered in Oaks, PA, US. The stock last traded at $10.48, up 0.10% on the session, giving a market capitalisation of $238.3M. Its beta of 0.30 implies it has historically moved less than the broad market.
The advisor employs a strategy intended to generate an absolute (i.e., positive) return in various market cycles with reduced correlation to the stock and bond markets. The fund allocates its assets among a variety of investment strategies through the use of: (i) affiliated and unaffiliated funds, including open-end funds, closed-end funds and exchange traded funds (underlying funds); and/or (ii) one or more investment sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers).
SEI Inst Mgd Multi-Strategy Alternative Fund;Y is most often compared with the following Financial Services names: