Annual Report - SEI

Income 30/70 Fund
Statements of Net Assets
AS AT DECEMBER 31
(in thousands of dollars except per unit data)
2009 2008
ASSETS
Investments at fair value $ 43,286 $ 38,267
Cash including foreign currency holdings,
at fair value 168 8
Accrued income from mutual funds 21 19
Receivable for unit subscriptions 101 56
43,576 38,350
LIABILITIES
Accrued liabilities 35 41
Payable for unit redemptions 59 37
94 78
NET ASSETS REPRESENTING
UNITHOLDERS’ EQUITY $ 43,482 $ 38,272
NET ASSETS PER CLASS
(Class O) $ 3,567 $ 3,063
(Class I) $ 3,056 $ 3,023
(Class P) $ 20,460 $ 18,672
(Class F) $ 480 $ 489
(Class R) $ 15,919 $ 13,025
NET ASSETS PER UNIT (note 7)
(Class O) $ 5.02 $ 4.64
(Class I) $ 5.04 $ 4.67
(Class P) $ 5.04 $ 4.67
(Class F) $ 5.02 $ 4.64
(Class R) $ 4.99 $ 4.61
INVESTMENTS AT AVERAGE COST $ 43,798 $ 43,196
Statements of Operations
FOR THE YEARS ENDED DECEMBER 31
(in thousands of dollars except per unit data)
2009 2008
INVESTMENT INCOME
Interest $ — $ 2
Distributions from mutual funds 1,485 2,336
1,485 2,338
EXPENSES
Custodian and administration fees 45 34
Legal fees 20 16
Audit fees 1 2
Management fees 365 351
Independent Review Committee fees 1 1
Securityholder reporting costs 11 12
443 416
Waived expenses (23) —
420 416
NET INVESTMENT INCOME (LOSS)
FOR THE PERIOD $ 1,065 $ 1,922
NET GAIN (LOSS) ON SALES OF SECURITIES $ (1,151) $ (178)
UNREALIZED APPRECIATION (DEPRECIATION)
OF INVESTMENTS $ 4,418 $ (4,844)
NET GAIN (LOSS) ON INVESTMENTS $ 3,267 $ (5,022)
NET INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS $ 4,332 $ (3,100)
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS
(Class O) $ 489 $ (23)
(Class I) $ 324 $ (228)
(Class P) $ 1,740 $ (1,645)
(Class F) $ 65 $ (26)
(Class R) $ 1,714 $ (1,178)
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS PER UNIT*
(Class O) $ 0.60 $ (0.01)
(Class I) $ 0.50 $ (0.37)
(Class P) $ 0.45 $ (0.46)
(Class F) $ 0.55 $ (0.37)
(Class R) $ 0.57 $ (0.52)
* Based on the weighted average number of units outstanding during the period.
SIGF
(See accompanying notes)
141