Annual Report - SEI

More documents

Recommendations

Info

EAFE Equity Fund Statements of Net Assets AS AT DECEMBER 31 (in thousands of dollars except per unit data) 2009 2008 ASSETS Investments at fair value $ 632,670 $ 643,803 Cash including foreign currency holdings, at fair value 22,056 14,603 Accrued dividends receivable 2,106 2,889 Accrued interest receivable — — Receivable for portfolio securities sold 153 906 Margin receivable on futures 1,259 10 Receivable for unit subscriptions 783 202 Unrealized appreciation on futures contracts 397 — 659,424 662,413 LIABILITIES Accrued liabilities 114 752 Payable for portfolio securities purchased 208 1,634 Payable for unit redemptions 1,108 1,787 Unrealized depreciation on forward foreign currency contract 60 — 1,490 4,173 NET ASSETS REPRESENTING UNITHOLDERS’ EQUITY $ 657,934 $ 658,240 NET ASSETS PER CLASS (Class O) $ 625,827 $ 622,421 (Class I) $ 42 $ 8,682 (Class P) $ 29,430 $ 25,150 (Class F) $ 2,635 $ 1,987 NET ASSETS PER UNIT (note 7) (Class O) $ 4.20 $ 4.04 (Class I) $ 4.32 $ 4.02 (Class P) $ 4.22 $ 4.07 (Class F) $ 4.36 $ 4.21 INVESTMENTS AT AVERAGE COST $ 610,690 $ 806,687 Statements of Operations FOR THE YEARS ENDED DECEMBER 31 (in thousands of dollars except per unit data) 2009 2008 INVESTMENT INCOME Dividends $ 23,077 $ 32,951 Interest — 446 23,077 33,397 Foreign withholding taxes (3,110) (3,571) 19,967 29,826 EXPENSES Custodian and administration fees 510 1,494 Legal fees 24 61 Audit fees 14 40 Management fees 729 764 Trustee fees 8 25 Independent Review Committee fees 1 2 Security holder reporting costs 16 53 1,302 2,439 NET INVESTMENT INCOME (LOSS) FOR THE PERIOD $ 18,665 $ 27,387 NET GAIN (LOSS) ON SALES OF SECURITIES $ (155,186) $ (179,631) NET REALIZED GAIN (LOSS) ON FUTURES AND FORWARDS $ 9,379 $ — TRANSACTION COSTS $ (1,931) $ (2,001) UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS $ 184,864 $ (193,989) UNREALIZED APPRECIATION (DEPRECIATION) ON FUTURES AND FORWARD CONTRACTS $ 336 $ — NET GAIN (LOSS) ON INVESTMENTS $ 35,539 $ (374,593) NET INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS $ 54,204 $ (347,206) INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS (Class O) $ 52,054 $ (329,660) (Class I) $ (486) $ (5,484) (Class P) $ 2,466 $ (11,148) (Class F) $ 170 $ (914) INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS PER UNIT* (Class O) $ 0.34 $ (2.11) (Class I) $ (0.49) $ (2.11) (Class P) $ 0.35 $ (2.17) (Class F) $ 0.32 $ (2.15) * Based on the weighted average number of units outstanding during the period. (See accompanying notes) SEEF 58
EAFE Equity Fund Statements of Changes in Net Assets FOR THE YEARS ENDED DECEMBER 31 (in thousands of dollars except per unit data) Fund Total Class O 2009 2008 2009 2008 NET ASSETS – BEGINNING OF PERIOD $ 658,240 $ 1,035,022 $ 622,421 $ 991,275 INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS 54,204 (347,206) 52,054 (329,660) DISTRIBUTIONS TO UNITHOLDERS Out of net investment income ≠ (27,999) (26,691) (27,281) (26,138) (27,999) (26,691) (27,281) (26,138) CHANGES DUE TO UNITHOLDER TRANSACTIONS Proceeds from issue of units 155,793 369,208 142,797 346,299 Payments on redemption of units (210,265) (398,709) (191,417) (385,426) Reinvestment of distributions ≠ 27,961 26,616 27,253 26,071 (26,512) (2,885) (21,368) (13,056) CHANGES IN NET ASSETS (306) (376,782) 3,406 (368,854) NET ASSETS, END OF PERIOD $ 657,934 $ 658,240 $ 625,827 $ 622,421 Class I Class P 2009 2008 2009 2008 NET ASSETS – BEGINNING OF PERIOD $ 8,682 $ 16,754 $ 25,150 $ 24,662 INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS (486) (5,484) 2,466 (11,148) DISTRIBUTIONS TO UNITHOLDERS Out of net investment income ≠ (14) (328) (609) (175) (14) (328) (609) (175) CHANGES DUE TO UNITHOLDER TRANSACTIONS Proceeds from issue of units 517 1,150 11,025 19,902 Payments on redemption of units (8,666) (3,733) (9,210) (8,265) Reinvestment of distributions ≠ 9 323 608 174 (8,140) (2,260) 2,423 11,811 CHANGES IN NET ASSETS (8,640) (8,072) 4,280 488 NET ASSETS, END OF PERIOD $ 42 $ 8,682 $ 29,430 $ 25,150 Class F 2009 2008 NET ASSETS – BEGINNING OF PERIOD $ 1,987 $ 2,331 INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS 170 (914) DISTRIBUTIONS TO UNITHOLDERS Out of net investment income (95) (50) (95) (50) CHANGES DUE TO UNITHOLDER TRANSACTIONS Proceeds from issue of units 1,454 1,857 Payments on redemption of units (972) (1,285) Reinvestment of distributions 91 48 573 620 CHANGES IN NET ASSETS 648 (344) NET ASSETS, END OF PERIOD $ 2,635 $ 1,987 ≠ Includes management fee distributions representing a rebate of the management fee to certain unitholders in Class I in 2009 and 2008. SEEF (See accompanying notes) 59
Page 1 and 2:
Annual Report for the period ended
Page 5:
March 9, 2010 Auditors’ Report Pr
Page 8 and 9: Canadian Equity Fund Statement of I
Page 10 and 11: Canadian Equity Fund Summary of Inv
Page 12 and 13: Canadian Equity Fund Statements of
Page 14 and 15: Canadian Small Company Equity Fund
Page 20 and 21: U.S. Large Company Equity Fund Stat
Page 32 and 33: U.S. Small Company Equity Fund Stat
Page 40 and 41: U.S. Small Company Equity Fund Summ
Page 44 and 45: EAFE Equity Fund Statement of Inves
Page 56 and 57: EAFE Equity Fund Notes to Statement
Page 60 and 61: Emerging Markets Equity Fund Statem
Page 66 and 67: Emerging Markets Equity Fund Summar
Page 70 and 71: Canadian Fixed Income Fund Statemen
Page 78 and 79: Canadian Fixed Income Fund Interest
Page 82 and 83: Long Duration Bond Fund Statement o
Page 84 and 85: Long Duration Bond Fund Statements
Page 86 and 87: Real Return Bond Fund Statement of
Page 88 and 89: Real Return Bond Fund Statements of
Page 90 and 91: Short Term Bond Fund Statement of I
Page 92 and 93: Short Term Bond Fund Notes to State
Page 94 and 95: Short Term Bond Fund Statements of
Page 96 and 97: U.S. High Yield Bond Fund Statement
Page 106 and 107: Money Market Fund Statement of Inve
Page 108 and 109:
Money Market Fund Statements of Net
Page 110 and 111:
International Synthetic Fund Statem
Page 112 and 113:
International Synthetic Fund Notes
Page 114 and 115:
International Synthetic Fund Statem
Page 116 and 117:
U.S. Large Cap Synthetic Fund SCHED
Page 118 and 119:
U.S. Large Cap Synthetic Fund State
Page 120 and 121:
U.S. MidCap Synthetic Fund Statemen
Page 122 and 123:
U.S. MidCap Synthetic Fund Notes to
Page 124 and 125:
U.S. MidCap Synthetic Fund Statemen
Page 126 and 127:
Enhanced Global Bond Fund Statement
Page 128 and 129:
Enhanced Global Bond Fund Statement
Page 130 and 131:
Income 100 Fund Statement of Invest
Page 132 and 133:
Income 100 Fund Statements of Net A
Page 134 and 135:
Income 20/80 Fund Statement of Inve
Page 136 and 137:
Income 20/80 Fund Statements of Net
Page 138 and 139:
Income 20/80 Fund Statements of Cha
Page 140 and 141:
Income 30/70 Fund Notes to Statemen
Page 142 and 143:
Page 144 and 145:
Conservative Monthly Income Fund No
Page 146 and 147:
Conservative Monthly Income Fund St
Page 148 and 149:
Income 40/60 Fund Notes to Statemen
Page 150 and 151:
Page 152 and 153:
Balanced 50/50 Fund Statement of In
Page 154 and 155:
Balanced 50/50 Fund Statements of N
Page 156 and 157:
Balanced 60/40 Fund Statement of In
Page 158 and 159:
Balanced 60/40 Fund Statements of N
Page 160 and 161:
Balanced 60/40 Fund Statements of C
Page 162 and 163:
Balanced Monthly Income Fund Notes
Page 164 and 165:
Balanced Monthly Income Fund Statem
Page 166 and 167:
Growth 70/30 Fund Notes to Statemen
Page 168 and 169:
Growth 70/30 Fund Statements of Cha
Page 170 and 171:
Growth 80/20 Fund Notes to Statemen
Page 172 and 173:
Growth 80/20 Fund Statements of Cha
Page 174 and 175:
Growth 100 Fund Statement of Invest
Page 176 and 177:
Growth 100 Fund Statements of Net A
Page 178 and 179:
Growth 100 Fund Statements of Chang
Page 180 and 181:
Global Growth 100 Fund Notes to Sta
Page 182 and 183:
Global Growth 100 Fund Statements o
Page 184 and 185:
Notes to Financial Statements FOR T
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
show all

Annual Report - SEI

Create successful ePaper yourself

Delete template?

Save as template?