managed strategy: change in investment strategy form (trustee … · 2020-07-01 · 4. economic...

Managed Strategy: Change in Investment Strategy Form (Trustee-Directed Qualified Plans)

Continued04/20 - SWP

� Risk Tolerance QuestionnaireSelect ONE response for each of the following questions. Responses should be indicated using the check box foreach question. For advisor reference, the associated number can be written on the score line below to assist withtallying the client's score. Then, follow the steps outlined after the questionnaire to match the Client Risk Toleranceto the Strategy Risk Level.If the total written score differs from the score formulated by the check boxes, the check box score will override thewritten score to determine the Total Client Risk Tolerance Level. 1. What type of participant currently makes up the majority of the plan demographics? Employees starting out in the workforce (4.5)

Employees nearing retirement (1.5)

Mid-career employees (3)

Retired employees (0.75)

Score ______________________

2. Which of the following best describes the current risk profile of the plan?

A portfolio containing mostly high risk investments (4.5)

A portfolio containing some high risk investments (3)

A portfolio containing some medium risk investments (1.5)

A portfolio containing mostly low risk investments (0.75)

Score ______________________

3. What is the primary objective for this investment portfolio?

Control volatility (3.75)

Balanced appreciation (12.5)

Maximize growth (22.5)

Score ______________________

Instructions: This form establishes a new Investment Strategy for a Managed Strategy.

This form should be submitted electronically via www.SEIAdvisorCenter.com by selecting Actions>Manage Forms. For additionalcontact information, please select Help>Resources>Contact SEI from the home page of www.SEIAdvisorCenter.com.

Account Number:

Form ID ME5_GWP

� Firm Information

Advisor’s Name

Firm Name

Advisor’s Telephone Number

� Plan Information

Plan's Name

4. Economic cycles greatly influence the stock market and the potential investment return. What investment time horizon seems most appropriate when evaluating the overall success of the plan’s investment portfolio strategy?

A complete secular market cycle (average of 30 years) (4.5)

Ten years (3)

Five years (1.5)

Three years (0.75)

Score ______________________

5. Which of the following statements best describes your reaction to short-term fluctuations in this investment portfolio?

I would have little concern about short-term fluctuations in the value of the investment (3)

I would be extremely uneasy about any fluctuations in the value of the investment (0.75)

I would not be concerned about short-term fluctuations in the value of the investment (4.5)

I would be moderately concerned about short-term fluctuations in the value of the investment (1.5)

Score ______________________

6. An investment decision involves the possibility of high return as well as the possibility of suffering a loss. What influences your thinking the most when making an important investment decision?

I'm primarily influenced by the potential loss (0.75)

I'm concerned about both, but I'm more influenced by the potential loss than the potential gain (1.5)

I'm concerned about both, but I'm more influenced by the potential gain than the potential loss (3)

I'm primarily influenced by the potential gain (4.5)

Score ______________________

7. How much loss in value can the investment portfolio sustain before the investment becomes uncomfortable as this loss could lead to changes in the strategic plan?

50% or greater loss (4.5)

30% loss (3)

10% loss (1.5)

5% loss (0.75)

Score ______________________

8. Which of the following statements best describes your reaction if the value of the plan's assets suddenly declined by 15%?

I would be very concerned because the plan cannot accept such a decline in value (0.75)

If the amount of income the plan received was unaffected, it would not bother me (1.5)

The plan invests for long-term growth but I would be concerned about even a temporary decline (3)

The plan invests for long-term growth and I accept temporary declines due to market fluctuations (4.5)

Score ______________________

9. Risk tolerance may be influenced by time horizons, particularly with higher risk investments in which higher returns may take more time. Inevitably, there will be periods when such investments fall in value and may take time to recover depending upon the type of investment and associated risk. What timeframe are you comfortable with to allow the plan to recover any losses in a particular investment?

Less than 1 year (0)

1 to 3 years (5.25)

3 to 5 years (10.5)

5 to 10 years (21)

More than 10 years (31.5)

Score ______________________


ContinuedSWPForm ID ME5_GWP

10. Each year, the value of the investment portfolio will fluctuate as markets change. If $2,000,000 was invested, which of the following portfolios (below) would fall in line with the plan's objectives?

Portfolio 1 (0.75)

Portfolio 2 (2.5)

Portfolio 3 (4.5)

Score ______________________

Total Client Risk Tolerance Score ______________________


SEI Account Number:


1 2 3Portfolio

These portfolios are strictly hypothetical and for illustrative purposes only.

$1,940,000

-27%

9%

39%

22%

6%

-13%

-3%

3%

8%

This is where a $2,000,000

investment might be after

one year of very good

market conditions.



one year of normal

market conditions.



one year of poor market

conditions.

Portfolio Portfolio

$2,060,000

$2,160,000

$2,120,000

$1,740,000

$2,440,000

$2,180,000

$1,460,000

$2,780,000

$2,000,000

One-Year Range of Potential Values


(1) Add all of the Client Risk Tolerance Scores above and match the Total to the corresponding Client Risk Tolerance Level (in Chart #1) below. Indicate the client’s risk level in the Client Risk Tolerance box below.

The On-Line Risk Tolerance Questionnaire Scoring Tool on BusinessBuilder can automatically score client risk tolerance.

(2) Determine the Strategy Risk Level. Strategy Risk Level must be established separately from the client risk tolerance. The Strategy Risk Score can be calculated by using the Client Profiling Kit Scoring Guide located in the Forms Library on BusinessBuilder or the on-line Proposal Tool.

If the Client Risk Tolerance Level does not match the Strategy Risk Level, select only one appropriate reason for override below:

You and your advisor assume the risk of this model which is more aggressive than your blended risk tolerance AND/OR exceeds the recommended allocation to certain asset classes.

You and your advisor acknowledge that the risk of this model is less aggressive than your blended risk tolerance.

You and your advisor assume the risk of choosing any security or mutual fund not selected by your portfolio managers. This includes the selection of any non-SEI funds or individual securities.


Client Risk Tolerance Level Strategy Risk Level

═

Chart #1 - Client Risk Tolerance

Risk Level Risk Score

Low 0 - 31.99

Medium 32 - 68.99

High 69 - 100

Chart #2 - Strategy Risk Level

Risk Level

SEI Strategies

SEI Tactical ETFSEI Tax Managed

ETF

SEI Strategic ETFSEI American Funds

Strategies

Select Manager TM Select ManagerTax Optimized

Fixed Income(Taxable, Muni, Corp,Gov't, TIPs, BBB)

LowDefensiveConservative

Current IncomeConservative Growth

& IncomeFixed Income

Conservative 0-3, 0-5, 0-10, 0-20, 0-30

MediumModerateCore MarketMarket Growth

Moderate Growth & IncomeGrowth & Income

Moderate Market Growth

n/a

HighAggressiveIncomeEquity

Capital Growth Equity

AggressiveIncomeEquity

n/a


� Account Investment Strategy


Strategist Portfolio Solutions by SEINote: Accounts using an SEI Managed Account Strategy will rebalance quarterly.

All securities transferred in-kind at initial funding will be sold (or included, if appropriate) when allocated to your strategy,unless specifically indicated otherwise in the Securities Not to Be Sold section. Please attach a Tax Transition Proposal if youare concerned about the tax implications.

Attached is my Tax Transition Proposal.

SEI American Funds Strategies - $25,000 minimum initial investment

SEI American Funds Fixed Income Strategy

SEI American Funds Conservative Growth & Income Strategy

SEI American Funds Moderate Growth & Income Strategy

SEI American Funds Growth & Income Strategy

SEI American Funds Capital Growth Strategy

SEI American Funds Equity Strategy

SEI Tactical ETF Strategies (potential for K-1s) - $25,000 minimum initial investment

SEI Tactical ETF Defensive Strategy

SEI Tactical ETF Conservative Strategy

SEI Tactical ETF Moderate Strategy

SEI Tactical ETF Core Market Strategy

SEI Tactical ETF Market Growth Strategy

SEI Tactical ETF Aggressive Strategy

SEI Tactical ETF Equity Strategy

SEI Tactical ETF Income Strategy

Providing Flexibility: Our Focus on ESG

SEI Tactical ETF Strategies - Approved ETF ESG Substitutes

If you choose one of the Tactical ETF allocations above and would like to substitute an approved environmental, social, orgovernance option below, please check the appropriate boxes. Only one checkbox can be selected in each category.

U.S. Large Cap International Developed

DSI - iShares MSCI KLD 400 Social ETF ESGD - iShares ESG MSCI EAFE ETF

SPYX - SPDR® S&P® 500 Fossil Fuel Reserves Free ETF EFAX - SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF

CATH - S&P 500 Catholic Values ETF

ESGU - iShares ESG MSCI USA ETF Emerging Markets

SHE - SPDR® SSGA Gender Diversity Index ETF ESGE - iShares ESG MSCI EM ETF

U.S. Small Cap U.S. Aggregate Bond

ESML - iShares ESG MSCI USA Small-Cap ETF EAGG - iShares ESG MSCI EM ETF


Managed Account Strategies

Note: Accounts using an SEI Managed Account Strategy will rebalance quarterly.

All securities transferred in-kind at initial funding will be sold (or included, if appropriate) when allocated to your strategy,unless specifically indicated otherwise in the Securities Not to Be Sold section.

Note: If you select a manager strategy that has (*) next to the strategy name, please see the section immediately following thelist of strategies and select the Alternative Minimum Tax (if applicable) and a State Mandate for the municipal bond managerincluded in that strategy. If no State Mandate is selected, a National Mandate will be assigned.

Select Manager Strategies

(*) Select Manager – Conservative Strategy ($500,000 min.)

(*) Select Manager – Conservative Strategy ($1,000,000 min.)

(*) Select Manager – Moderate Strategy ($500,000 min.)

(*) Select Manager – Moderate Strategy ($1,000,000 min.)

Select Manager – Market Growth Strategy ($250,000 min.)

(*) Select Manager – Market Growth Strategy ($500,000 min.)

(*) Select Manager – Market Growth Strategy ($1,000,000 min.)

Select Manager – Aggressive Strategy ($250,000 min.)

Select Manager – Aggressive Strategy ($500,000 min.)

Select Manager – Aggressive Strategy ($1,000,000 min.)

Select Manager – Equity Strategy ($250,000 min.)

Select Manager – Equity Strategy ($500,000 min.)

Select Manager – Equity Strategy ($1,000,000 min.)

Income Strategies

Income – Income Strategy ($250,000 min.)

(*) Income – Income Strategy ($500,000 min.)

(*) Income – Income Strategy ($1,000,000 min.)


Strategist Portfolio Solutions by SEI (continued)

SEI Strategic ETF Strategies - $25,000 minimum initial investment (no substitutions)

SEI Strategic ETF Current Income

SEI Strategic ETF Fixed Income Strategy

SEI Strategic ETF Moderate Growth & Income Strategy

SEI Strategic ETF Growth & Income Strategy

SEI Strategic ETF Capital Growth Strategy

SEI Strategic ETF Equity Strategy

If you selected a manager strategy that has a (*) next to the strategy name, the following option is available:

Check this box if you selected a Select Manager Strategy or Income Strategy and would like to substitute the SEI Fixed Income Portfolio Management (SEI Fixed Income Strategies) Government/Corporate Ladder (0-10 year) Strategy for the Western Government/Corporate or Western Core Aggregate active fixed income allocation.

Type of Account:

It is REQUIRED that you check one of the boxes below to indicate whether you would like Tax Management on the equitymanagers portion of this account. Tax Management will provide an efficient manner to realize capital losses throughout theyear. NOTE: The minimum to participate in Tax Management is $150,000. When Parametric is used as an underlyingmanager, the minimum increases to $250,000.

Yes, I would like Tax Management on the equity managers portion of this account.

No, I do not want Tax Management on the equity managers portion of this account; I want this to be standard Managed Account Solutions account.

This form directs SEI Private Trust to manage the account per the allocation below until notified otherwise in writing.

Please indicate the percentage allocation to be used as the new Investment Strategy. The total percentages to equitymanagers, fixed income managers, mutual funds and cash indicated on the following pages must equal 100%. The accountwill be reallocated to reflect the percentages below.

Note: The below list of managers may periodically change. Please visit our web site for the most updated Managed Account Solutions Form listing the managers and theirappropriate investment styles.

To assist you in determining the investor’s Asset Allocation:

Investor’s equity allocation: _____ % and dollar value $______________

Investor’s fixed income allocation: _____ % and dollar value $______________

Investor’s cash allocation: 1 % and dollar value $______________

Total allocation: 100 % and dollar value $______________





Strategist Portfolio Solutions by SEI Minimum Investment Style Asset Allocation Percentage

SEI Investments Management Corporation

SEI American Funds Fixed Income Strategy $ 25,000 Mutual Fund Strategy %

SEI American Funds Conservative Growth $ 25,000 Mutual Fund Strategy %& Income Strategy

SEI American Funds Moderate Growth $ 25,000 Mutual Fund Strategy %& Income Strategy

SEI American Funds Growth & Income Strategy $ 25,000 Mutual Fund Strategy %

SEI American Funds Capital Growth Strategy $ 25,000 Mutual Fund Strategy %

SEI American Funds Equity Strategy $ 25,000 Mutual Fund Strategy %


SEI Tactical ETF Defensive Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Conservative Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Moderate Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Core Market Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Market Growth Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Aggressive Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Equity Strategy* $ 25,000 ETF Strategy %

SEI Tactical ETF Income Strategy* $ 25,000 ETF Strategy %*(potential for K-1s)


SEI Strategic ETF Current Income Strategy $ 25,000 Strategic ETF Strategy %

SEI Strategic ETF Fixed Income Strategy $ 25,000 Strategic ETF Strategy %

SEI Strategic ETF Moderate Growth $ 25,000 Strategic ETF Strategy %& Income Strategy

SEI Strategic ETF Growth & Income Strategy $ 25,000 Strategic ETF Strategy %

SEI Strategic ETF Capital Growth Strategy $ 25,000 Strategic ETF Strategy %

SEI Strategic ETF Equity Strategy $ 25,000 Strategic ETF Strategy %

Equity Managers Minimum* Investment Style Asset Allocation Percentage

Earnest Partners, LLC $ 50,000 All Cap Core %

Parametric Portfolio Associates LLC $ 150,000 All Cap Core %

Quantitative Management Associates LLC $ 80,000 All Cap Core %

SEI Investments Management Corporation $ 150,000 All Cap Core %

Brown Advisory, LLC $ 50,000 Equity Income %

Invesco Advisers, Inc. $ 50,000 Equity Income %

Schafer Cullen Capital Management, Inc. $ 50,000 Equity Income %

Fiera Capital Inc. $ 50,000 Large Cap Core %

Invesco Advisers, Inc. $ 50,000 Large Cap Core %

Lazard Asset Management LLC $ 50,000 Large Cap Core %

Parametric Portfolio Associates LLC $ 80,000 Large Cap Core %

Quantitative Management Associates LLC $ 80,000 Large Cap Core %

SEI Investments Management Corporation $ 80,000 Large Cap Core %

Wells Fargo Asset Management $ 80,000 Large Cap Core %


BlackRock Investment Management, LLC $ 50,000 Large Cap Growth %

Fred Alger Management, LLC $ 50,000 Large Cap Growth %

Mar Vista Investment Partners, LLC $ 50,000 Large Cap Growth %

Voya Investment Management Co. LLC $ 50,000 Large Cap Growth %

Acadian Asset Management LLC $ 80,000 Large Cap Value %

Brandywine Global Investment $ 50,000 Large Cap Value %Management, LLC

Ceredex Value Advisors LLC $ 50,000 Large Cap Value %

Coho Partners, Ltd. $ 50,000 Large Cap Value %

Lazard Asset Management LLC $ 50,000 Large Cap Value %

LSV Asset Management $ 80,000 Large Cap Value %

Snow Capital Management L.P. $ 50,000 Large Cap Value %

Acadian Asset Management LLC $ 80,000 Managed Volatility %

SEI Investments Management Corporation $ 80,000 Managed Volatility %

Wells Fargo Asset Management $ 80,000 Managed Volatility %

Wells Fargo Asset Management $ 80,000 Tax-Sensitive Managed Volatility %

Quantitative Management Associates LLC $ 80,000 Mid Cap Core %

J.P. Morgan Investment Management Inc. $ 50,000 Mid Cap Growth %

LMCG Investments, LLC $ 50,000 Mid Cap Value %

Copeland Capital Management, LLC $ 50,000 Small Cap Core %

Dana Investment Advisors, Inc. $ 50,000 Small Cap Core %

Axiom International Investors LLC $ 50,000 Small Cap Growth %

Falcon Point Capital, LLC $ 50,000 Small Cap Growth %

Geneva Capital Management LLC $ 50,000 Small Cap Growth %

LMCG Investments, LLC $ 50,000 Small Cap Value %

Neuberger Berman Investment Advisers LLC $ 50,000 Small Cap Value %

Snow Capital Management L.P. $ 50,000 Small Cap Value %

Great Lakes Advisors, LLC $ 80,000 Small - Mid Cap Core %

Rice Hall James & Associates, LLC $ 50,000 Small - Mid Cap Growth %

Cardinal Capital Management, L.L.C. $ 50,000 Small - Mid Cap Value %

Integrity Asset Management $ 80,000 Small - Mid Cap Value %

CenterSquare Investment Management LLC $ 50,000 REIT %

Security Capital Research & Management, Inc $ 50,000 REIT %

Parametric Portfolio Associates LLC $ 100,000 Socially Responsible Investing %

BlackRock Investment Management, LLC $ 50,000 International Developed Markets %

Causeway Capital Management LLC $ 50,000 International Developed Markets %

Earnest Partners, LLC $ 50,000 International Developed Markets %

Neuberger Berman Investment Advisers LLC $ 50,000 International Developed Markets %

Parametric Portfolio Associates LLC $ 125,000 International Developed Markets %

Schafer Cullen Capital Management, Inc. $ 50,000 International Developed Markets %

Todd Asset Management LLC $ 50,000 International Developed Markets %

Lazard Asset Management LLC $ 50,000 International Emerging Markets %

Schafer Cullen Capital Management, Inc. $ 50,000 Global Equity %

WCM Investment Management $ 50,000 Global Equity %

Total of Equities %*The minimum is given by the number of securities per manager and is necessary to reduce the potential for small share purchases.



Alternative/Specialty Managers Minimum Investment Style Asset Allocation Percentage

Parametric Portfolio Associates LLC $ 100,000 Enhanced Income Core %

Parametric Portfolio Associates LLC $ 100,000 Alternative-Income %(only available to current investors)

Parametric Portfolio Associates LLC $ 100,000 Enhanced Income Tax-Advantaged Core %

Parametric Portfolio Associates LLC $ 100,000 Alternative-Tax Advantage Income %(only available to current investors)

Parametric Portfolio Associates LLC $ 100,000 Alternative-MLP %(generates K-1s)

IndexIQ Advisors LLC (generates K-1s) $ 50,000 Alternative-Multi-Strategy SMA %

Fixed Income Manager Minimum Investment Style Asset Allocation Percentage

Spectrum Asset Management, Inc. $ 150,000 Preferred Securities %

Loomis Sayles & Company, L.P. $ 500,000 Core Aggregate %

Western Asset Management Company $ 150,000 Core Aggregate %

Western Asset Management Company $ 150,000 Core Aggregate Plus %

Western Asset Management Company $ 100,000 Government Securities %

Target maturity (select one) 3 year 5 year 7 year

Loomis Sayles & Company, L.P. $ 250,000 Government/Corporate Bond %

Target maturity (select one) Intermediate (3-7 years) Long (8-12 years)

Western Asset Management Company $ 100,000 Government/Corporate Bond %

SEI Fixed Income Portfolio Management varies by strategy Government/Corporate Bond %(SEI Fixed Income Strategies)

Laddered Strategy

Issues with overnight to 3 years maturity ($100,000 minimum)





Bullet Strategy

Targeted Maturity Date __________ (please fill in target date MM/YYYY) ($100,000 minimum)

Barbell Strategy

Issues with overnight to 5 years maturity combined with issues with 15 to 20 years maturity ($250,000 minimum)




SEI Fixed Income Portfolio Management varies by strategy Corporate Bond %(SEI Fixed Income Strategies)

Laddered Strategy



Issues with overnight to 5 years maturity rated BBB ($ 100,000 minimum)



Bullet Strategy

Targeted Maturity Date________(please fill in target date MM/YYYY) ($100,000 minimum)

Barbell Strategy



SEI Fixed Income Portfolio Management varies by strategy Government Securities % (SEI Fixed Income Strategies)

Laddered Strategy




SEI Fixed Income Portfolio Management $ 100,000 Treasury Inflation Protected (SEI Fixed Income Strategies) Securities (TIPS) %

Laddered Strategy

Issues with overnight to 3 years maturity



Bullet Strategy

Targeted Maturity Date ________ (please fill in target date MM/YYYY)

SEI Fixed Income Portfolio Management $ 100,000 Certificate of Deposit (CD) % (SEI Fixed Income Strategies)

Certificates of Deposit with overnight to 2-years maturity

Certificates of Deposit with overnight to 5-years maturity

SEI Fixed Income Portfolio Management $ 250,000 Floating Rate Note % (SEI Fixed Income Strategies)

Issues with overnight to 5-years maturity

SEI Account Number:




SEI Mutual Funds Ticker # CUSIP # Asset Allocation PercentageEquity

Large Cap Fund SLGAX 783925217 %Large Cap Growth Fund SELCX 783925662 %Large Cap Value Fund TRMVX 783925100 %S&P 500 Index Fund SSPIX 783925316 %Passive Large Cap Index Fund SLGFX 78413L597 %Tax-Managed Large Cap Fund TMLCX 783925571 %Mid-Cap Fund SEMCX 783925795 %Small Cap Fund SLLAX 783925191 %Small Cap Growth Fund SSCGX 783925837 %Small Cap Value Fund SESVX 783925688 %Tax-Managed Small/Mid Cap Fund STMSX 783925563 %International Equity Fund SEITX 78411R109 %Emerging Market Equity Fund SIEMX 78411R703 %Tax-Managed International Managed Vol Fund SMINX 78413L621 %U.S. Managed Volatility Fund SVOAX 783925480 %Global Managed Volatility Fund SVTAX 783925415 %Tax-Managed Managed Vol Fund TMMAX 783925266 %Fixed Income

Core Fixed Income Fund TRLVX 783925506 %Conservative Income Fund COIAX 78413L662 %Tax-Free Conservative Income Fund TFCAX 78413L647 %Short Duration Municipal Fund SUMAX 784118564 %Intermediate Term Muni Bond Fund SEIMX 784118408 %California Muni Bond Fund SBDAX 784118648 %Massachusetts Muni Bond Fund SMAAX 784118663 %New Jersey Muni Bond Fund SENJX 784118689 %Pennsylvania Muni Bond Fund SEPAX 784118630 %New York Muni Bond Fund SENYX 784118671 %Short Duration Government Fund TCSGX 783965858 %Ultra Short Duration Bond Fund SECPX 783965866 %GNMA Fund SEGMX 783965643 %Real Return Fund SRAAX 783925233 %High Yield Bond Fund SHYAX 783925647 %Tax-Advantaged Income Fund SEATX 784118556 %International Fixed Income Fund SEFIX 78411R307 %Emerging Markets Debt Fund SITEX 78411R851 %Alternative / Objective Based

Real Estate Fund SETAX 783925472 %Multi-Strategy Alternative Fund SMSAX 783925167 %Multi-Asset Accumulation Fund SAAAX 783925159 %Multi-Asset Income Fund SIOAX 783925142 %Multi-Asset Inflation Managed Fund SIFAX 783925134 %Multi-Asset Capital Stability Fund SCLAX 783925126 %Dynamic Asset Allocation Fund SDYAX 78413L696 %Catholic Values Equity Fund CAVAX 784116105 %Catholic Values Fixed Income Fund CFVAX 784116204 %Other Mutual Fund ______________________________________________________________ %Other Mutual Fund ______________________________________________________________ %Note: Any assets that are not part of the new strategy will be liquidated as part of this strategy change.

Money MarketGovernment Fund * 1 %* 1% of funds will be allocated to Money Market.

Please check to ensure total equals 100%


� Terminate Manager(s)

If a manager(s) is being terminated as a result of the above allocation percentages, assets will be invested back into theStrategy if neither of the below options are selected:

Move assets in-kind from the following manager(s) to Advisor Guided portfolio: ___________________________________

Liquidate assets from the following manager(s) and move to Advisor Guided portfolio: _____________________________

� Other Investment Options

A. Include assets held in the following portfolio(s): (select one)

Advisor Guided: All OR Specify amount to be included: $____________________

Asset Transit: All OR Specify amount to be included: $____________________

Holding Money Market: All OR Specify amount to be included: $____________________

Transitory Cash: All OR Specify amount to be included: $____________________

Note: If no option is selected, assets held in the above-mentioned portfolio(s) will not be included in the Strategy change indicated in Section 4.

B. Special Instructions: Please use this area only to provide additional clarification to instructions above (must be typed).

C. Securities Not to Be Sold:

All securities transferred in-kind at initial funding will be sold (or included, if appropriate) when allocated to your strategy, unless you otherwise instruct SEI Private Trust Company below. Any security listed here will be held outside the allocation.

Ticker/CUSIP Asset Name Units




� Investment Restrictions

If there are any modifications to your current restrictions, please provide an updated list which includes both currentrestrictions and new restrictions. If the section is left blank, the account will maintain its current list of asset restrictions (if applicable).

Note: Please be advised that any restrictions placed by you on your account may result in both a cash position and investment performance that may differ materiallyrelative to other accounts in the Managed Strategy.

� Investment Strategy

Check this box if the account should be rebalanced quarterly.


End of Form


Signatures

Plan Sponsor or Trustee Acknowledgement

By instructing SEI Private Trust Company to implement the investment strategy change set forth on this form, Plan Sponsor orTrustee acknowledges that Plan Sponsor or Trustee has provided the Plan’s Advisor with all information necessary for theAdvisor to determine that the requested investment change is suitable based on the Plan’s current investment goals, risktolerances and financial situation. Plan Sponsor or Trustee further acknowledges that the Plan has agreed to the investmentstrategy change after discussing the new investment strategy and its associated risks with the Advisor. Investor acknowledgesthat he/she has received the regulatory disclosure documents that correspond to the change in investment strategy, includingprospectuses for new SEI Mutual Funds and/or Form ADVs and privacy notices for new managers. The regulatory disclosuredocuments will be provided either in hard copy, or electronically via the SEI CD-ROM previously delivered by the Advisor, asagreed to by the Investor in their account application.

Fees for your new strategy are included in the Managed Account Solutions Disclosure Document provided to you by yourAdvisor.

Advisor Representation

Advisor represents that he/she has discussed the investment strategy selected pursuant to this form with the Plan Sponsor orTrustee and determined that the new strategy is suitable for the Plan based on the Plan's current investment goals, risktolerance and financial circumstances. Advisor acknowledges that he/she has provided Investor with the regulatory disclosuredocuments that correspond to the change in investment strategy, including prospectuses for new SEI Mutual Funds and/orForm ADVs and privacy notices for the new managers. Advisor further agrees to provide SEI Investments ManagementCorporation ("SIMC"), at SIMC's request, with his/her documentation concerning discussions with the Plan Sponsor or Trusteeabout the selected investment strategy and supporting the Advisor's determination that the selected investment strategy issuitable for the Plan, based on the information provided to the Advisor from the Plan Sponsor or Trustee. SEI InvestmentsManagement Corporation is deemed to have accepted these changes to the Plan’s investment strategy upon implementation ofthe new strategy to the Plan’s account(s).

(Note: Both the Advisor and the Plan Sponsor or Trustee must sign below).

04/20 - SWP

Plan Sponsor or Trustee's Signature Date Advisor's Signature Date

SEI Account Number:

Form ID ME5_GWP

managed strategy: change in investment strategy form (trustee … · 2020-07-01 · 4. economic...

Documents