Knights of Columbus Boosts its New Mutual Fund Family With SEI's Series Trust
OAKS, PA: Knights of Columbus, an insurance company adopts SEI’s Advisors’ Inner Circle Fund(AIC), global provider of investment and fund processing solutions, as turnkey operating structure for new family of six mutual funds. The mutual funds are beneficiary specifically for Catholic institutional investors.
The AIC platform provides Investment Manager Service (IMS) division as well as supplies customized operating infrastructure and services to investment organizations. It also provides strategies for managers keen on cost-effective way to operate existing funds.
“After an extensive research we choose SEI for its knowledge base of its team and the capabilities of the AIC series,” says Anthony Minopoli President and Chief Investment officer of Knights of Columbus. “The series trust’s comprehensive outsourcing model will enable us to get our new mutual funds up and running quickly,” he adds.
The six mutual funds include Core Bonds, Limited Duration Bond, Large Cap Growth, Large Cap Value, Small Cap Equity and International Equity Funds to support the investors in creating customized model portfolios and recommendations for the organizations.