- What does SIPIX invest in?
- This fund typically allocates a minimum of 80% of its assets, including any borrowed capital, to equity investments in medium-sized companies. The Sub-Advisers guiding the fund's investments target companies that, despite having modest valuations as indicated by low price-to-earnings and price-to-book ratios, exhibit robust, sustainable growth potential and a strong likelihood of upward revisions to their earnings estimates.
- What is the expense ratio of SIPIX?
- SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SIPIX?
- SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) is one share class of a fund that manages $55.9M across all of its share classes (SEMCX, SFDYX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is SIPIX actively managed or an index fund?
- SIPIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SIPIX's is 1.24%) in exchange for the discretion to over- or under-weight positions.
- When was SIPIX launched?
- SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) launched in October 2007 and is managed by SEI.
- How has SIPIX performed?
- SIPIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
