SEI Launches Multi-Strategy Alternative ETF
SEI (NASDAQ: SEIC) has announced the launch of the SEI DBi Multi-Strategy Alternative ETF (NASDAQ:QALT), following the reorganization of the SIMT Liquid Alternative Fund into an ETF structure. The new ETF aims to replicate hedge fund return profiles through a quantitative, rules-based approach, allocating positions across global equity, fixed income, and currency markets.
The ETF will be managed by SEI and sub-advised by Dynamic Beta Investments (DBi), continuing their decade-long partnership. DBi specializes in hedge fund replication strategies, focusing on delivering hedge fund-like returns with improved liquidity and lower fees. The launch marks a significant step in democratizing access to hedge-like strategies through the ETF structure.
SEI (NASDAQ: SEIC) ha annunciato il lancio del SEI DBi Multi-Strategy Alternative ETF (NASDAQ: QALT), a seguito della riorganizzazione del SIMT Liquid Alternative Fund in un ETF. Il nuovo ETF punta a replicare i profili di rendimento dei fondi hedge mediante un approccio quantitativo e basato su regole, allocando posizioni in mercati azionari, obbligazionari e valutari a livello globale.
L'ETF sarà gestito da SEI e sub-consulito da Dynamic Beta Investments (DBi), proseguendo una collaborazione decennale. DBi è specializzata in strategie di replica degli hedge fund, con l'obiettivo di offrire rendimenti simili agli hedge fund ma con maggiore liquidità e commissioni inferiori. Il lancio rappresenta un passo importante per democratizzare l'accesso a strategie di tipo hedge tramite la struttura ETF.
SEI (NASDAQ: SEIC) ha anunciado el lanzamiento del SEI DBi Multi-Strategy Alternative ETF (NASDAQ: QALT), tras la reorganización del SIMT Liquid Alternative Fund en una estructura ETF. El nuevo ETF pretende replicar los perfiles de rendimiento de los hedge funds mediante un enfoque cuantitativo y basado en reglas, asignando posiciones en los mercados globales de renta variable, renta fija y divisas.
El ETF será gestionado por SEI y asesorado por Dynamic Beta Investments (DBi), continuando su asociación de una década. DBi se especializa en estrategias de replicación de hedge funds, buscando ofrecer rendimientos similares a los hedge funds con mayor liquidez y comisiones más bajas. El lanzamiento supone un paso importante para democratizar el acceso a estrategias tipo hedge a través de la estructura ETF.
SEI (NASDAQ: SEIC)는 SEI DBi Multi-Strategy Alternative ETF (NASDAQ: QALT)의 출범을 발표했습니다. 이는 SIMT Liquid Alternative Fund를 ETF 구조로 재편한 결과입니다. 새 ETF는 정량적 규칙 기반 접근법을 통해 글로벌 주식, 채권 및 통화 시장 전반에 포지션을 배분하여 헤지펀드의 수익 프로필을 복제하는 것을 목표로 합니다.
해당 ETF는 SEI가 운용하고 Dynamic Beta Investments (DBi)가 서브어드바이저로 참여해 10년간의 파트너십을 이어갑니다. DBi는 헤지펀드 복제 전략을 전문으로 하며, 유동성 개선과 낮은 수수료로 헤지펀드와 유사한 수익을 제공하는 데 초점을 맞추고 있습니다. 이번 출범은 ETF 구조를 통해 헤지 유사 전략에 대한 접근성을 확대하는 중요한 진전입니다.
SEI (NASDAQ: SEIC) a annoncé le lancement du SEI DBi Multi-Strategy Alternative ETF (NASDAQ: QALT), suite à la réorganisation du SIMT Liquid Alternative Fund en une structure ETF. Le nouvel ETF vise à reproduire les profils de rendement des hedge funds via une approche quantitative et fondée sur des règles, en allouant des positions sur les marchés mondiaux d'actions, de titres à revenu fixe et de devises.
L'ETF sera géré par SEI et conseillé en sous-gestion par Dynamic Beta Investments (DBi), poursuivant leur partenariat de longue date. DBi est spécialisée dans les stratégies de réplication de hedge funds, visant à offrir des rendements proches de ceux des hedge funds avec une meilleure liquidité et des frais réduits. Ce lancement constitue une étape importante pour démocratiser l'accès à des stratégies de type hedge via la structure ETF.
SEI (NASDAQ: SEIC) hat die Auflegung des SEI DBi Multi-Strategy Alternative ETF (NASDAQ: QALT) angekündigt, nach der Umstrukturierung des SIMT Liquid Alternative Fund in eine ETF-Struktur. Der neue ETF zielt darauf ab, Hedgefonds-Renditeprofile durch einen quantitativen, regelbasierten Ansatz nachzubilden und Positionen über globale Aktien-, Renten- und Währungsmärkte zu verteilen.
Der ETF wird von SEI verwaltet und von Dynamic Beta Investments (DBi) als Sub-Advisor betreut, womit die langjährige Partnerschaft fortgesetzt wird. DBi ist auf Hedgefonds-Replikationsstrategien spezialisiert und fokussiert darauf, Hedgefonds-ähnliche Renditen bei verbesserter Liquidität und niedrigeren Gebühren zu liefern. Der Launch ist ein bedeutender Schritt zur Demokratisierung des Zugangs zu hedgeähnlichen Strategien über die ETF-Struktur.
- Expansion of investment offerings through new ETF structure providing better accessibility
- Partnership with DBi brings proven expertise in hedge fund replication strategies
- Enhanced liquidity and lower fees compared to traditional hedge fund structures
- Track record of successful partnership spanning nearly 10 years
- Fund performance will be reduced by fees and expenses
- Complex investment strategy may be difficult for retail investors to understand
Insights
SEI's mutual fund-to-ETF conversion signals strategic adaptation to investor demand for alternative strategies in more accessible formats.
SEI's conversion of its SIMT Liquid Alternative Fund into the new SEI DBi Multi-Strategy Alternative ETF (NASDAQ:QALT) represents a significant strategic move in the evolving ETF landscape. This transformation maintains the fund's hedge fund replication strategy while delivering it through the more tax-efficient, accessible ETF structure that today's investors increasingly prefer.
The ETF aims to replicate returns of alternative strategies (primarily hedge funds) using a quantitative, rules-based approach with dynamic allocation across global equity, fixed income, and currency markets. This launch addresses a notable gap in the market, as liquid alternative ETFs remain relatively scarce despite growing advisor demand for uncorrelated return sources.
This product evolution demonstrates SEI's responsiveness to changing distribution preferences while leveraging their decade-long partnership with Dynamic Beta Investments (DBi). The relationship's longevity is notable in an industry where sub-advisory partnerships often change frequently. Their mutual fund has gained recognition through multiple awards, suggesting the strategy has delivered on its objectives.
For SEI, this represents more than just a new product—it's a strategic repositioning that may help attract assets from advisors who prefer ETF structures. In a challenging market for asset managers, SEI's willingness to cannibalize its own mutual fund business shows adaptability to evolving investor preferences, potentially strengthening its competitive position in the alternatives space.
Mutual Fund Reorganization Reinforces Commitment to Delivering Investment Diversification and Flexibility
The ETF will continue to be managed by SEI and sub-advised by Dynamic Beta Investments (DBi), an asset manager specializing in hedge fund replication strategies. DBi combines rigorous research with a goal of delivering hedge fund-like returns with improved liquidity and lower fees, leveraging expertise in quantitative techniques. Since 2015, DBi has sub-advised SEI's suite of liquid alternative funds, including products in the
Commenting on the ETF launch, Robert Hum, Head of Investment Product Development and Activation at SEI, said:
"Advisors and investors are increasingly seeking differentiated sources of return, yet liquid alternative ETFs remain limited. This launch is a major step forward—not only in democratizing access to hedge-like strategies through the ETF structure, but in advancing our investment platform to deliver the exposures clients are actively asking for. We're proud to partner with DBi, whose expertise we deeply respect, as we continue to expand access to sophisticated investment solutions."
Andrew Beer, Founder and Managing Member of DBi, added:
"It has been our mission at DBi to develop the most effective ways to deliver the diversification benefits of leading hedge funds with reasonable fees, daily liquidity, less downside risk, and full transparency. The success of our strategic partnership with SEI has spanned nearly 10 years, providing differentiated investment opportunities for advisors and their clients. Our combined deep investment expertise and rigorous statistical analysis can enable enhanced portfolio outcomes."
SEI and DBi will mark the 10-year anniversary of the SEI Liquid Alternative Fund this November. As an award-winning1, UCITS-compliant2 multi-strategy hedge fund solution, the fund was designed to strengthen the risk-return profile of SEI's institutional and private client multi-asset portfolios. Its decade-long track record reflects the strength of the SEI and DBi strategic partnership and a shared commitment to delivering long-term capital appreciation.
1The Hedge Fund Journal, 2022, UCITS Hedge Fund Award, Hedge Fund Replication, Best Performing Fund over 5 Years. Refinitiv Lipper Fund Awards, 2023, Best Alternative Multi Strategies Fund over 3 and 5 years.
2Domicile:
About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of June 30, 2025, SEI manages, advises, or administers approximately
SEI Investments Management Corporation (SIMC) is the adviser to the SEI Funds, which are distributed by SEI Investments Distribution Co. (SIDCO). SIMC and SIDCO are wholly owned subsidiaries of SEI Investments Company (SEI).
To determine if the Fund is an appropriate investment for you, carefully consider the investment objectives, risk factors and charges, and expenses before investing. This and other information can be found in the Fund's full or summary prospectus, which can be obtained by calling 1-800-DIAL-SEI. Read the prospectus carefully before investing.
There are risks involved with investing, including possible loss of principal. There is no guarantee the fund will achieve its investment objective. Diversification may not protect against market risk. The complex strategies employed by this fund expose investors to several risks which are generally discussed below, and more extensively described in the fund's prospectus. This fund may not be appropriate for all investors, and may be considered speculative. This fund invests in derivative instruments which are subject to illiquidity and counterparty risk. With short sales, you risk paying more for a security than you received from its sale. Short sales losses are potentially unlimited and the expenses involved with the shorting strategy may negatively impact the performance of the fund. Actively managed ETFs may be subject to increased transaction costs. Active trading may increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. While the Fund is actively managed, the investment process is expected to be dependent on quantitative models and the models may not perform as intended. Exposure to certain investment factors may detract from performance in certain market environments, in some cases for extended periods which could result in losses.
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SOURCE SEI Investments Company