Past performance does not predict future returns

Paris – 8 December, 2025

The SEI Liquid Alternative Fund, sub-advised by DBi and distributed by iM Global Partner, marks its 10-year anniversary with a track record of long-term outperformance compared with its peer group.

With more than US$1.2 billion in assets under management, the fund’s USD institutional distributing share class generated an annualised net return of 6.3% since inception on 13 November 2015 through 13 November 2025. This is compared with an average annualised return of 3.4% for the Morningstar Multistrategy USD category over the same period.

Meanwhile, the fund generated a return of 7.7% per annum over five years to 13 November 2025, compared with 7.3% for the Morningstar category, placing it in the second quartle.

The SEI Liquid Alternative Fund seeks to replicate the pre-fee returns of leading hedge funds in the equity long/short, relative value, event-driven and managed futures categories. The fund uses multi-factor models to determine the major positions of leading hedge funds and dynamically allocates long and short positions across equities, fixed income and currencies through highly liquid futures contracts.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, said: “The SEI Liquid Alternative Fund’s track record over the past 10 years demonstrates the capabilities and innovations that SEI and DBi have brought to the world of hedge fund investing. When we partnered with Andrew and his team in 2018, we recognised the potential in their approach to democratising hedge fund alpha by delivering it through simple and efficient structures. Their collaboration with SEI has stood the test of time and I am proud that they have added to these results by launching standalone managed futures solutions in the US and Europe as one of our Partners.”

Andrew Beer, Managing Member of DBi, said: “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 relationship 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.”

Ian Love, Head of Asset Management UK, EMEA and Asia at SEI Investments, said: “At SEI, innovation to drive better client outcomes is at the heart of everything we do. When we launched the SEI Liquid Alternative Fund a decade ago, our goal was clear: to give investors access to institutional-quality strategies that enhance portfolio resilience and deliver consistent, long-term results. The fund’s top-quartile performance and robust risk metrics underscore the success of that vision and the strength of our collaboration with DBi. Together, we’ve set a benchmark for what liquid alternatives can achieve and are pleased to see the strategy becoming a key component in efficient multi-asset portfolio construction.”

ENDS

Disclaimer:

This marketing document has been issued by iM Global Partner SAS a French company domiciled at 20 rue Treilhard, F-75008 Paris (France), supervised and authorized by the Autorité des Marchés Financiers under number 6925760 as a portfolio management company, for professional investors only. The content of this document has been approved for the purposes of Section 21 of the Financial Services and Markets Act 2000 (FSMA) for issue in the UK by iM Global Partner UK Ltd, which is authorised and regulated by the FCA (FRN: 927232). The collective investment scheme referred to in this document is a recognised scheme for the purposes of marketing into the UK pursuant to Section 271A (1) of FSMA. This is not a contractually binding document, or an information document required by law. It is not intended for distribution to or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, issue or use. Users are solely responsible for verifying that they are legally authorized to consult the information herein. Only the most recent version of the prospectus, the key information document (“KID”)/key investor information document (“KIID”), and the annual and, if any subsequent, half-yearly reports of the funds mentioned (hereinafter referred to as the fund’s “legal documentation”) should be considered as a basis for investment decisions. These documents as well as the summary of investors’ rights are available in English on the website at www.seic.com/en-gb/fund-documents or SEI’s offices at SEI Investments (Europe) Ltd (“SIEL”) 1st Floor, Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, United Kingdom.

The information or data contained in the present document does not in any way constitute an offer or a recommendation or advice to buy or sell shares in the Fund’s units. Furthermore, any reference to a specific security in this document should not be construed as a recommendation or investment advice. They are intended solely to inform the investor as to past performance, and do not reflect the opinion of iM Global Partner or any related companies as to future returns. The information, opinions and assessments contained in the present document shall apply at the time of publication and may be revoked or changed without prior notice. iM Global Partner has not taken any measures to adapt to each individual investor who remains responsible for his own independent decisions. Moreover, investors are advised to consult their legal, financial or tax advisors before making any investment decisions. Tax treatment depends entirely on the financial situation of each investor and may be subject to change. It is recommended that investors obtain the appropriate expert advice before taking any investment decisions. This marketing document is in no way intended to replace the legal documentation and/or any information that investors obtain from their financial advisors. Investing puts your capital at risk: although they generally have a greater risk spread, investing in mixed sub-funds exposes the investor to the risk of recovering an amount lower than that which was initially invested. Investments in mixed sub-funds are subject to the risks involved in any investment in equities and bonds. More information on https://www.seic.com/en-gb/fund-documents.

The value of the units referred to may fluctuate and investors may not recoup all or part of their original investment. Investors should consult the fund’s prospectus for further details on the risks involved. Past performance does not predict future returns. It is calculated in the unit currency and, where investments are made in a different currency, may also be affected by fluctuations in exchange rates. The performance data given does not include commissions or any fees linked to the subscription to and/or repurchase of shares. Returns are calculated net of fees in the reference currencies of specific sub-funds. They reflect the current fees, include management commissions and possibly also performance commissions deducted from the sub-funds. All returns are calculated from NAV to NAV with dividends reinvested. Unless otherwise stated, the performance of sub-funds is shown on a total return basis, including dividends or any other relevant distributions. All returns shown are gross of any tax deductions that could be applicable to an investor. It is possible that companies linked to iM Global Partner and their executives, directors or personnel hold or have held stakes or positions in the securities listed in this document, or that they have traded or acted as market maker for these securities. Moreover, these entities or individuals may also have past or present ties with the executives of the companies issuing the abovementioned shares; furnish or have furnished financial or other services; or are or have been a director of the companies in question. Please note that any reference to an index is made for information purposes only. The performance of the Fund may differ from the performance of the index. None of the index provider data may be reproduced or re-disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices.

For further information, please refer to the most recent version of the “KID”/”KIID”.