Annual Report - SEI

Income 100 Fund
Statements of Net Assets
AS AT DECEMBER 31
(in thousands of dollars except per unit data)
2009 2008
ASSETS
Investments at fair value $ 21,311 $ 18,313
Cash including foreign currency holdings,
at fair value 76 369
Accrued interest receivable 15 14
Receivable for unit subscriptions 375 164
21,777 18,860
LIABILITIES
Accrued liabilities 12 12
Payable for portfolio securities purchased — 300
Payable for unit redemptions 23 17
35 329
NET ASSETS REPRESENTING
UNITHOLDERS’ EQUITY $ 21,742 $ 18,531
NET ASSETS PER CLASS
(Class O) $ 1,638 $ 1,440
(Class I) $ — $ 61
(Class P) $ 8,725 $ 8,143
(Class F) $ 881 $ 1,155
(Class R) $ 10,498 $ 7,732
NET ASSETS PER UNIT (note 7)
(Class O) $ 4.77 $ 4.63
(Class I) $ — $ 4.84
(Class P) $ 4.93 $ 4.79
(Class F) $ 4.88 $ 4.73
(Class R) $ 4.74 $ 4.60
INVESTMENTS AT AVERAGE COST $ 20,935 $ 18,936
Statements of Operations
FOR THE YEARS ENDED DECEMBER 31
(in thousands of dollars except per unit data)
2009 2008
INVESTMENT INCOME
Distribution from mutual funds $ 838 $ 1,114
838 1,114
EXPENSES
Custodian and administration fees 21 14
Legal fees 24 14
Audit fees — 1
Management fees 138 89
Independent Review Committee fees 1 1
Securityholder reporting costs 9 6
193 125
Waived expenses (33) (18)
160 107
NET INVESTMENT INCOME (LOSS)
FOR THE PERIOD $ 678 $ 1,007
NET GAIN (LOSS) ON SALE OF SECURITIES $ (344) $ (41)
UNREALIZED APPRECIATION (DEPRECIATION)
OF INVESTMENTS $ 1,000 $ (422)
NET GAIN (LOSS) ON INVESTMENTS $ 656 $ (463)
NET INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS $ 1,334 $ 544
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS
(Class O) $ 150 $ 255
(Class I) $ 4 $ 2
(Class P) $ 449 $ 150
(Class F) $ 56 $ 26
(Class R) $ 675 $ 111
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS PER UNIT*
(Class O) $ 0.36 $ 0.29
(Class I) $ 0.31 $ 0.18
(Class P) $ 0.26 $ 0.16
(Class F) $ 0.27 $ 0.10
(Class R) $ 0.33 $ 0.08
* Based on the weighted average number of units outstanding during the period.
SVIF
(See accompanying notes)
132