Fund Evaluator:

SEI Emerging Markets Equity F (SIT) Overview

SEI Emerging Markets Equity F (SIT) (SIEMX) is an actively managed International Equity Diversified Emerging Mkts fund. SEI launched the fund in 1995.

The investment seeks 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 of emerging market issuers. Equity securities include equity-linked securities, common stocks, preferred stock, warrants, participation notes and depositary receipts of all capitalization ranges. It normally maintains investments in at least six emerging market countries, however, it may invest a substantial amount of its assets in issuers located in a single country or a limited number of countries.

About SEI Emerging Markets Equity F (SIT) (SIEMX)

There are 11 members of the management team with an average tenure of 5.82 years: Ashish Swarup (2023), Karnail Sangha (2021), Rahul Desai (2023), Eugene Barbaneagra (2024), Tom Allen (2023), Ivo Kovachev (2010), Jason Collins (2019), Rich Carr (2024), David Zhang (2024), Jaap van der Hart (2020), Emery Brewer (2010). 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 EM NR USD index with a weighting of 100%. SEI Emerging Markets Equity F (SIT) has 529 securities in its portfolio. The top 10 holdings constitute 32.1% 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 Emerging Markets Equity F (SIT) is part of the Equity global asset class and is within the International Equity fund group. SEI Emerging Markets Equity F (SIT) has 98.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.7%. There is 98.0% 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 Emerging Markets Equity F (SIT) has 1.3% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is above the $967 million average for the Diversified Emerging Mkts 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.

SIEMX 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 Emerging Markets Equity F (SIT) expense ratio is high compared to funds in the Diversified Emerging Mkts category. SEI Emerging Markets Equity F (SIT) has an expense ratio of 1.23%, which is 6% higher than its category average, making the fund expense ratio grade a D. 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 Emerging Markets Equity F (SIT) has a portfolio turnover rate of 75%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 68% for the Diversified Emerging Mkts category.

Recently, in the month of July 2026, SEI Emerging Markets Equity F (SIT) returned -5.0%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of -4.9%. 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 Emerging Markets Equity F (SIT) has a trailing yield of 3.07%, which is above the 1.72% 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 Emerging Markets Equity F (SIT) Grades

Year to date, the fund has returned 19.3%, 0.2 percentage points better than the category, which translates into a grade of C. The fund has returned 36.3% over the past year (grade of C), 18.3% over the past three years (grade of C) and 7.0% per year over the past five years (grade of C) and 8.4% per year over the past 10 years (grade of C).

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