Fund Evaluator:

SEI International Equity I (SIT) Overview

SEI International Equity I (SIT) (SEEIX) is an actively managed International Equity Foreign Large Blend fund. SEI launched the fund in 2002.

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Equity securities may include common stocks, preferred stock, warrants, participation notes and depositary receipts. It will invest primarily in companies located in developed countries, but may also invest in companies located in emerging markets. Generally, the fund will invest less than 20% of its assets in emerging markets.

About SEI International Equity I (SIT) (SEEIX)

There are 12 members of the management team with an average tenure of 4.06 years: Brendan Bradley (2009), Allison Fisch (2022), Caroline Cai (2022), Eugene Barbaneagra (2024), Rakesh Bordia (2023), James Bullock (2026), Jason Collins (2019), Priyanka Agnihotri (2026), Fanesca Young (2023), Rich Carr (2022), Ben Van Leeuwan (2026), John P. Goetz (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI Ex USA NR USD index with a weighting of 100% and MSCI EAFE NR USD index with a weighting of 100%. SEI International Equity I (SIT) has 1103 securities in its portfolio. The top 10 holdings constitute 12.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

SEI International Equity I (SIT) is part of the Equity global asset class and is within the International Equity fund group. SEI International Equity I (SIT) has 94.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.2%. There is 94.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SEI International Equity I (SIT) has 4.0% of the portfolio in cash.

Assets Under Management

The fund has $384 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SEEIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The SEI International Equity I (SIT) expense ratio is high compared to funds in the Foreign Large Blend category. SEI International Equity I (SIT) has an expense ratio of 1.32%, which is 40% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. SEI International Equity I (SIT) has a portfolio turnover rate of 89%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, SEI International Equity I (SIT) returned 3.2%, which earned it a grade of A, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

SEI International Equity I (SIT) has a trailing yield of 1.95%, which is below the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

SEI International Equity I (SIT) Grades

Year to date, the fund has returned 13.4%, 1.8 percentage points better than the category, which translates into a grade of B. The fund has returned 27.8% over the past year (grade of B), 18.7% over the past three years (grade of A) and 10.4% per year over the past five years (grade of A) and 9.8% per year over the past 10 years (grade of B).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about SEI International Equity I (SIT), including its riskiness, submit your email to unlock the rest of the article.