SEI investments are a great way to invest in the stock market. The company has several funds for investors, including SEI Daily Income Trust PO Fund, SEI Liquid Asset Trust Prime Obligation Fund, and SEI Daily Income Trust MM Fund. All are managed by Columbia Management, a division of the Bank of America Corporation. They are rated AAA by Standard & Poor’s Corporation and Aaa by Moody’s Investor Services Inc.
SEI Investments also offers several back-office solutions to financial institutions and independent financial advisors. It also offers a family of actively managed mutual funds that are sold direct to investment managers and high-net-worth clients. The company is also positioning itself to benefit from the growing popularity of exchange-traded funds. It provides back-office services for ETF sponsors, including dealing with SEC compliance, distribution, and product strategy issues.
SEI Investments’ stock price is off of its all-time highs from last year, but it still trades for less than 15 times forward earnings and yields a dividend of 1%. Compare this to an average of 17.9 times forward earnings and a dividend yield of 1.9% for the S&P 500. SEI Investments’ business model has a strong value proposition, and the company’s client base is varied and diverse. Furthermore, it offers investors a stable dividend that pays a decent amount of cash over time.
SIV securities are based on asset-backed securities and collateralized debt obligations. Their fair value is determined by the net asset value (NAV) approach and considers the value of the underlying collateral. SEI-sponsored money market funds may not reflect the implied fair value of these securities.