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SEI Core Market Strategy F (SAAT) Overview

SEI Core Market Strategy F (SAAT) (SOKAX) is an actively managed Allocation Global Moderately Conservative Allocation fund. SEI launched the fund in 2003.

The investment seeks capital appreciation while maintaining broad equity and fixed income market participation. The fund predominantly invests in other SEI Funds, each of which has its own investment goal (the Underlying SEI Funds). The Underlying SEI Funds invest, in turn, in securities and other instruments of various asset classes. The fund's assets may be diversified across underlying SEI bond and money market funds, equity funds, real estate funds and multi-asset funds.

About SEI Core Market Strategy F (SAAT) (SOKAX)

There are 2 members of the management team with an average tenure of 7.01 years: Bryan Hoffman (2016), Ryan Marcante (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 4 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100%, Bloomberg US Agg Bond TR USD index with a weighting of 40%, Russell 3000 TR USD index with a weighting of 35% and MSCI ACWI Ex USA NR USD index with a weighting of 25%. SEI Core Market Strategy F (SAAT) has 15 securities in its portfolio. The top 10 holdings constitute 86.0% 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 Core Market Strategy F (SAAT) is part of the Allocation global asset class and is within the Allocation fund group. SEI Core Market Strategy F (SAAT) has 39.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 34.4%. There is 31.6% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is -5.7% (-13.7% domestic bond, 8.0% foreign bond and 0.0% convertible bond). SEI Core Market Strategy F (SAAT) has 38.2% of the portfolio in cash.

Assets Under Management

The fund has $31 million in total assets, which is below the $304 million average for the Global Moderately Conservative Allocation 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.

SOKAX 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 Core Market Strategy F (SAAT) expense ratio is high compared to funds in the Global Moderately Conservative Allocation category. SEI Core Market Strategy F (SAAT) has an expense ratio of 1.05%, which is 7% 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 Core Market Strategy F (SAAT) has a portfolio turnover rate of 14%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 50% for the Global Moderately Conservative Allocation category.

Recently, in the month of July 2026, SEI Core Market Strategy F (SAAT) returned 0.1%, which earned it a grade of A, as the Global Moderately Conservative Allocation category had an average return of -0.5%. 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 Core Market Strategy F (SAAT) has a trailing yield of 2.99%, which is below the 3.07% category average. The fund normally distributes its income quarterly 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 Core Market Strategy F (SAAT) Grades

Year to date, the fund has returned 7.1%, 2.0 percentage points better than the category, which translates into a grade of A. The fund has returned 14.4% over the past year (grade of A), 10.9% over the past three years (grade of A) and 4.7% per year over the past five years (grade of A) and 6.1% per year over the past 10 years (grade of A).

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